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Penfields Road, Stourbridge, DY8 4LB

West Midlands

£275,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
991 sqft

Description

This spacious detached property is situated on a substantial corner plot, presenting significant renovation and investment potential. It comes with approved planning permission for a side extension, allowing an opportunity to enhance the living space and create a more expansive family home. The property is available with no upward chain, making it easier for prospective buyers to envision their future here. Located within a desirable area close to Stourbridge Town Centre, residents can enjoy easy access to a variety of local amenities, including shops, schools, and recreational facilities. The layout features a welcoming entrance hall that leads into a generous lounge space with a cozy gas fireplace and a large window overlooking the garden. The well-equipped kitchen includes ample storage with matching units and provides access to an integral garage that could be converted into additional living space, subject to the necessary permissions. Upstairs, the property boasts three well-proportioned bedrooms, with the master bedroom spanning the full width of the house. The family bathroom is equipped with essential features and presents an opportunity for modernization. Outside, the private rear garden offers established greenery alongside patio areas for outdoor seating—an inviting space for relaxation or further landscaping. With gated access from the front of the house and secure parking via a tarmacadam driveway, this property has both functionality and charm. Overall, this residence serves as a blank canvas for those looking to personalize their home while capitalizing on its intrinsic value through potential renovations and extensions. Viewing is highly recommended to fully appreciate what this property has to offer.

Investment Analysis

(DY8 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£277/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£305,501
10% above area average per sq ft
Potential ROI
+1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DY8)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 6.7%
5 year growth: 29.7%
Investment Disclaimer: Analysis based on DY8 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

Penfields Road, Stourbridge, DY8 4LB
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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
£1,007
Based on a loan of £206,250 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