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Penkhull New Road, Penkhull, ST4

West Midlands

£140,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This property presents a notable opportunity for renovation enthusiasts or investors looking to capitalize in the desirable area of Penkhull. Situated conveniently near local amenities, including shopping centers, pubs, and transport links, as well as being within walking distance to UHNM Hospital and schools, its prime location enhances its appeal. The accommodation features an entrance hall leading to two generous reception rooms with potential for modern updates, a fitted kitchen equipped with essential wall and base units, and three bedrooms spread over two floors—perfect for family living or rental purposes. The second floor master bedroom boasts an en suite shower room, adding value and privacy. Outside, the property includes a manageable front garden with gated access to a driveway and an enclosed rear garden ideal for landscaping projects that could transform it into an inviting outdoor space. With gas central heating and double glazing already in place, there is a solid foundation from which to enhance and modernize further. This property is offered with no upward chain, making it an attractive addition to any portfolio or first-time buy with renovation potential.

Investment Analysis

(ST4 area)
Area Average
£191/sq ft
Avg Rent (weekly)
£172
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (ST4)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +11.6%
5 year growth: +4.9%
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
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 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.

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