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1 Penn Hall, Menith Wood

West Midlands

£395,000
Listed on 12/03/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1326 sqft

Description

This three-bedroom end-of-terrace property presents a unique opportunity for renovation and investment in a picturesque country setting. As part of a larger estate, the home retains many charming period features, making it an appealing canvas for those looking to enhance its character further. Entering through a welcoming porch, you are greeted by a dining room that flows seamlessly into the cozy sitting room, complete with a wood-burning fireplace—ideal for creating a warm, inviting atmosphere. The breakfast kitchen is functional and includes a spacious pantry, providing ample storage and potential for updates or reconfiguration to suit modern living. The first floor comprises three bedrooms, including one that is slightly raised for added privacy, alongside a family bathroom and separate WC. Accessed via shared driveways, this property offers private parking with turning space and includes a detached double garage for additional convenience. The outdoor space is particularly noteworthy; the landscaped gardens are predominantly laid to lawn and come equipped with features such as a sunken garden, greenhouse, and storage shed. Surrounded by well-established borders and elevated views of the surrounding area, these gardens present an opportunity for enhancement or expansion. Additionally, the property includes an intriguing storage 'cave' characterized by an arched brick roof—an unusual element that adds to its charm and potential uses. With some updating and personal touches, this home could transform into a truly distinctive residence in a desirable location.

Investment Analysis

(WR6 area)

Below Market Value

This property is priced -7.0% below area average per sq ft

-7.0%
Potential saving
This Property
£298/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£276
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£467,335
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (WR6)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -3.6%
5 year growth: 8.1%
Investment Disclaimer: Analysis based on WR6 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

1 Penn Hall, Menith Wood
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,447
Based on a loan of £296,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE