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Cherrydene, Halfpenny Green, Bobbington

West Midlands

£925,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1927 sqft

Description

This expansive property, boasting over 2000 sq. ft. of living space, presents a compelling opportunity for renovation and investment. Situated near Halfpenny Green Vineyard and accessed via a lengthy driveway, the home is set amidst generous parking facilities and various outbuildings, all within extensive gardens that span approximately 2.5 acres. The internal layout includes a welcoming porch, entrance hall, kitchen with breakfast room, laundry area, bathroom, an L-shaped lounge with a striking York stone fireplace, separate dining room, cloakroom/wc, three bedrooms, and an office that could serve as a fourth bedroom. Notably, there is potential for further development into the loft space or even execution of larger scale renovations with proper planning permissions (STPP). In close proximity to local amenities in Wombourne and excellent transport links to the West Midlands conurbation make this property not only desirable but also ripe for transformation into a more grand design. EPC rating: E.

Investment Analysis

(DY7 area)

Above Market Value

This property is priced +39.4% above area average per sq ft

+39.4%
This Property
£480/sq ft
Area Average
£344/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£729,707
10% above area average per sq ft
Potential ROI
-27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DY7)

Area prices are rising by +18.0% over the last 12 months
3 year growth: 11.3%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on DY7 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

Cherrydene, Halfpenny Green, Bobbington
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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
£3,389
Based on a loan of £693,750 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