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Oak Avenue, Penley.

Wales

£165,000
Listed on 29/05/2025

Property Details

Bedrooms
2
Type
Bungalow
Area
727 sqft

Description

This two-bedroom detached bungalow presents a promising opportunity for those looking to invest in a property with substantial renovation potential. Spanning approximately 730 sq ft, this single-storey residence features well-sized living spaces that are ready for modernisation. Currently, the layout comprises an Entrance Porch, a spacious Living Room with a multifuel burner, a Kitchen outfitted with basic cabinetry, two Bedrooms including a Master with integrated wardrobes and access to a Conservatory, alongside a family Bathroom. The exterior offers generous garden space at the front and rear, with established hedges and potential for landscaping improvements. The side of the property provides ample driveway parking that leads to a detached garage—ideal features for enhancing value through thoughtful renovations. Set in a cul-de-sac on the outskirts of Penley village, which is known for its local amenities and schools, this bungalow can be transformed into a desirable home or investment vehicle that capitalises on its excellent location and available indoor spaces.

Investment Analysis

(LL13 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£227/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£170,016
10% above area average per sq ft
Potential ROI
-15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
112%
Properties sold annually

Local Market Trend (LL13)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +4.3%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on LL13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Oak Avenue, Penley.
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£595
Based on a loan of £123,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Price History

-8.3% since listed
£165,000£10,000(-5.7%)
21/03/2026
Current price
£175,000£5,000(-2.8%)
02/09/2025
£180,000Initial listing
29/05/2025

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