5 bed terraced house for sale

George Street, Wolverhampton, West Midlands WV2

Positioned on George Street in Wolverhampton’s dynamic central St Peter’s area, number 5 offers a compelling opportunity for investors, developers or companies seeking a versatile Georgian terrace with commercial infrastructure already in place. Currently configured as a five-to-six room office space, the property has been adapted for business use with networking installed throughout, making it ideal for firms looking for a central base. However, its layout and scale also lend themselves perfectly to residential conversion, with potential to transform into a licensed HMO or multi-let accommodation, subject to the appropriate planning consents.
The building spans approximately 2354 square feet across multiple floors, with generous proportions and a traditional façade that reflects its Georgian heritage. Internally, the rooms are well-sized and adaptable, offering scope for reconfiguration to suit a variety of residential or commercial needs.
George Street itself is a well-connected thoroughfare just minutes from Wolverhampton city centre. For leisure and dining, the area offers a mix of independent cafés, restaurants and bars, while the city’s main transport hub-Wolverhampton train station-is easily accessible, providing direct links to Birmingham, London and beyond. Bus routes and road networks further enhance connectivity, making this location highly attractive for professionals and students alike.
The surrounding neighbourhood is predominantly urban, with a high proportion of private rental properties and a demographic skewed towards single professionals. Broadband infrastructure supports gigabit speeds, ideal for both business operations and modern residential living. With its flexible layout, central location and strong rental demand, 5 George Street represents a rare chance to acquire a property with both commercial and residential potential.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £495.00. These services are optional.