Worst House on the Street Logo
Penkhull New Road, Penkhull, ST4 - Image 1
Penkhull New Road, Penkhull, ST4 - Image 2
Penkhull New Road, Penkhull, ST4 - Image 3
Penkhull New Road, Penkhull, ST4 - Image 4
Penkhull New Road, Penkhull, ST4 - Image 5
Penkhull New Road, Penkhull, ST4 - Image 6
Penkhull New Road, Penkhull, ST4 - Image 7
Penkhull New Road, Penkhull, ST4 - Image 8
Penkhull New Road, Penkhull, ST4 - Image 9
Penkhull New Road, Penkhull, ST4 - Image 10
Penkhull New Road, Penkhull, ST4 - Image 11

Penkhull New Road, Penkhull, ST4

West Midlands

£140,000
Listed on 03/07/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom property offers significant renovation and investment potential in a desirable area of Penkhull. It is situated within close proximity to local amenities, including shops, public houses, and recreational facilities, as well as being a short walk from the University Hospitals of North Midlands (UHNM) complex and various schools. This prime location enhances its appeal for both families and professionals. Upon entering, you'll find a welcoming entrance hall that leads to two generous reception rooms. Each space features large double-glazed windows, allowing ample natural light to flow throughout. The living room is equipped with a feature fireplace, while the lounge provides an inviting atmosphere with additional storage options underneath the stairs. The kitchen includes a range of wall and base units, along with plumbing for a washing machine. Its layout presents opportunities for modernizing into an open-plan design that connects seamlessly with the outdoor space via a stable door leading to the rear garden. The private garden features a paved seating area, small pond, and well-established flower borders, offering a serene environment for relaxation or potential landscaping improvements. On the first floor, you’ll find two bedrooms that can be styled to suit your taste, alongside a bathroom which contains essential fixtures along with built-in storage. The second floor accommodates the master bedroom featuring an en suite shower room and dual windows—ideal for creating a personal retreat or guest suite. With gas central heating and double glazing throughout, this home is ready for updates that can significantly enhance its value. The property comes with no upward chain, facilitating straightforward acquisition. Given its size and location benefits, it represents an excellent opportunity for investors looking to capitalize on rental demand in the area or homeowners seeking to create their ideal living space through renovations. Overall, this property holds considerable promise whether you're looking to move in or invest—exploring its full potential through thoughtful upgrades could yield substantial returns in this sought-after neighborhood.

Investment Analysis

(ST4 area)
Area Average
£185/sq ft
Avg Rent (weekly)
£174
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (ST4)

Area prices are falling by +5.5% over the last 12 months
3 year growth: 7.6%
5 year growth: 5.4%
Investment Disclaimer: Analysis based on ST4 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

Penkhull New Road, Penkhull, ST4
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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