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Brownshore Lane, Essington, Wolverhampton, WV11 2AL - Image 1
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Brownshore Lane, Essington, Wolverhampton, WV11 2AL - Image 7
Brownshore Lane, Essington, Wolverhampton, WV11 2AL - Image 8
Brownshore Lane, Essington, Wolverhampton, WV11 2AL - Image 9
Brownshore Lane, Essington, Wolverhampton, WV11 2AL - Image 10
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Brownshore Lane, Essington, Wolverhampton, WV11 2AL

West Midlands

£500,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2295 sqft

Description

This historic residence, known as The Old Vicarage, presents a unique investment opportunity in Essington. Constructed around 1834 to serve the Iron Church of Bushbury, this property combines rich heritage with potential for modern enhancements. Having been cared for by only three families since its transition from a vicarage in 1932, it boasts a distinctive blend of original features and contemporary updates. The home retains notable architectural elements such as the original king chimney pot and an outbuilding that served as a village distribution point, adding to its character. The interior underwent an extensive renovation, taking the property back to its brick foundation while introducing premium materials within a modern design framework. Key living spaces include an entrance hallway leading to a lounge and an open-plan kitchen-dining-family area. Notably, the first floor comprises four double bedrooms and an elegantly designed family bathroom. The expansive outdoor area holds significant potential for development; whether to create additional living space through extensions or even explore possibilities for separate dwelling construction (subject to planning permissions). The existing double garage offers versatility, potentially serving as storage or access point enhancements. This property is well-situated near local amenities including schools, shopping centers, and transportation links. Its proximity to major roadways enhances accessibility to wider regions, making it ideal for both families and investors alike.

Investment Analysis

(WV11 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£218/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£237
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£614,842
10% above area average per sq ft
Potential ROI
-0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (WV11)

Area prices are rising by +7.0% over the last 12 months
3 year growth: 8.8%
5 year growth: 35.0%
Investment Disclaimer: Analysis based on WV11 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

Brownshore Lane, Essington, Wolverhampton, WV11 2AL
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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
£1,832
Based on a loan of £375,000 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