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Penns Lane, Sutton Coldfield, West Midlands, B76 - Image 1
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Penns Lane, Sutton Coldfield, West Midlands, B76 - Image 3
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Penns Lane, Sutton Coldfield, West Midlands, B76

West Midlands

£170,000
Listed on 18/01/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground-floor apartment presents a promising opportunity for both first-time buyers and investors in the sought-after area of Sutton Coldfield. Located within Hawthornden Court on Penns Lane, the property is being sold chain-free with vacant possession, making it an attractive option for those looking to modernise a home. The layout comprises an entrance hall leading to a spacious living room that opens onto a walk-on balcony, perfect for utilising outdoor space. A separate kitchen, two bedrooms, and a functional shower room are also included in this straightforward floor plan which offers ample scope for reconfiguration or upgrades as per planning permissions. With off-road parking and an integral garage, this property delivers practical benefits beyond its living space. Nestled in a well-established residential community, residents will enjoy proximity to local amenities, schools, and efficient transport links—all essential factors ensuring long-term demand in the market. Given the extensive updating required throughout the apartment, this is an ideal project for those looking to invest and add value through refurbishment.

Investment Analysis

(B76 area)
Area Average
£343/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (B76)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 0.0%
5 year growth: +15.1%
Investment Disclaimer: Analysis based on B76 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

Penns Lane, Sutton Coldfield, West Midlands, B76
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% 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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