Worst House on the Street Logo
Warstones Road, Penn, Wolverhampton - Image 1
Warstones Road, Penn, Wolverhampton - Image 2
Warstones Road, Penn, Wolverhampton - Image 3
Warstones Road, Penn, Wolverhampton - Image 4
Warstones Road, Penn, Wolverhampton - Image 5
Warstones Road, Penn, Wolverhampton - Image 6
Warstones Road, Penn, Wolverhampton - Image 7
Warstones Road, Penn, Wolverhampton - Image 8
Warstones Road, Penn, Wolverhampton - Image 9
Warstones Road, Penn, Wolverhampton - Image 10
Warstones Road, Penn, Wolverhampton - Image 11

Warstones Road, Penn, Wolverhampton

West Midlands

£225,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
900 sqft

Description

This thoughtfully designed two-bedroom detached bungalow presents a unique opportunity for those looking to invest in a property with considerable renovation potential. Conveniently situated near local amenities, including shops, health services, dining options, and reputable schools, this home benefits from its proximity to essential services while being just a short distance from public transport links to Wolverhampton City Centre and quick access to the A449. Upon entering, you will find an entrance hall that leads into various living spaces. The spacious lounge features double glazed patio doors that open onto the rear garden, providing a bright and welcoming atmosphere. Adjacent to this is an open plan kitchen diner that offers ample room for modern updates. With fitted wall and base units and a large bay window overlooking the garden, it’s easy to envision how this area could be transformed into a contemporary culinary hub. The accommodation includes two well-proportioned double bedrooms that enjoy natural light from the front aspect windows. A shower room is also located within the property, featuring practical fixtures but offering scope for further enhancement. Notably, the substantial loft area presents exciting possibilities for conversion into an additional bedroom or living space (subject to necessary permissions), adding further value to this already appealing residence. Externally, the property boasts off-road parking at the front along with side access leading to useful storage areas and a rear outbuilding. This versatile outbuilding can be converted into a home office or utility space—perfect for those seeking additional functional areas within their home. The large rear garden is another highlight; it features numerous fruit trees and provides plenty of outdoor space for landscaping or potential expansion. This bungalow is offered chain-free, making it an ideal choice for buyers eager to make their mark on a property that requires modernization but holds significant investment potential. With thoughtful renovations, this home could become not only a comfortable living space but also an attractive asset in a desirable location.

Investment Analysis

(WV4 area)

Above Market Value

This property is priced +0.3% above area average per sq ft

+0.3%
This Property
£250/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£246,758
10% above area average per sq ft
Potential ROI
-6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WV4)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 6.6%
5 year growth: 35.8%
Investment Disclaimer: Analysis based on WV4 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.

Get Financing

Partnered with Yellow Brick Mortgages

5.0k+ 5-star reviews
Save £200 with code WHOTS
No obligation, free consultation

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

Location

Warstones Road, Penn, Wolverhampton
Loading map...