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Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 1
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 2
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 3
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 4
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 5
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 6
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 7
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 8
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 9
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 10
Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4 - Image 11

Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4

West Midlands

£269,950
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled in a tranquil cul-de-sac in the desirable Penn area of Wolverhampton, this extended four-bedroom detached house presents a compelling renovation opportunity for cash buyers. With its generous living spaces and versatile layout, this property is ripe for reconfiguration to create a tailored family home. The entrance porch opens to a spacious hallway that leads you into the expansive living room and dining area at the rear, designed for large family gatherings and entertaining. Additionally, a former garage has been repurposed into an extra reception room, perfect for use as a playroom or home office. The first floor features four well-sized bedrooms and a unique balcony that could become an inviting outdoor retreat with some renovation work. Each bedroom offers flexibility for various uses, whether accommodating a growing family or creating dedicated workspaces. The main bathroom includes original fixtures such as a sunken bath and bidet, which may require updating but hold potential for modernization. Outside, an ample driveway provides off-street parking for several cars and grants side access around the property. The rear garden is in need of landscaping, offering the next owner the chance to design their ideal private garden space. Given the condition of various elements within the house—including uncertainty regarding utility connections—this property is suitable only for cash buyers who are ready to embark on a comprehensive refurbishment project.

Investment Analysis

(WV4 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£257
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 10.6%
5 year growth: 38.0%
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.

Location

Lea Manor Drive, Penn, Wolverhampton, West Midlands, WV4
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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
£989
Based on a loan of £202,462 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