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Oak Avenue, Penley.

Wales

£175,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
727 sqft

Description

This spacious two-bedroom detached bungalow presents significant renovation and investment potential, making it an appealing opportunity for those looking to create their ideal home. Nestled in a quiet cul-de-sac on the outskirts of the desirable village of Penley, the property offers a generous living space of approximately 730 sq ft, all conveniently situated on one level. Upon entering the property, you'll find a welcoming Entrance Porch that leads into a well-sized Living/Dining Room featuring a bay window and a multifuel burner, providing warmth and character. Adjacent to this space is the Kitchen, equipped with essential base and wall units, which could benefit from modern updates. Both Bedrooms overlook the tranquil rear gardens; the Master includes integrated wardrobes and double-opening doors that lead into a Conservatory—an area with great potential for enhancing your indoor-outdoor living experience. The family bathroom is functional but offers room for improvement to align with contemporary standards. Outside, the property is complemented by ample driveway parking alongside a detached single garage. The front garden is laid mainly to lawn and bordered by an established hedge, while the rear garden includes a paved patio area that could serve as a wonderful backdrop for outdoor gatherings or personal landscaping dreams. Location-wise, this bungalow is ideally situated close to reputable primary and secondary schools within Penley itself. The nearby town of Ellesmere, renowned for its local amenities and recreational facilities, is just 4.5 miles away. Additionally, major towns like Wrexham (10 miles), Shrewsbury (21 miles), and Chester (25.5 miles) are easily accessible by car. This property not only provides comfortable living but also stands as an excellent blank canvas for renovation enthusiasts or investors seeking to enhance its value through modernization. With its solid structure and prime location, it offers promising potential for future appreciation in a sought-after community setting.

Investment Analysis

(LL13 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£241/sq ft
Area Average
£211/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£168,497
10% above area average per sq ft
Potential ROI
-23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (LL13)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.3%
5 year growth: 14.1%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 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