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Oak Avenue, Penley.

Wales

£165,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
727 sqft

Description

This two-bedroom detached bungalow offers significant potential for renovation and modernization, making it an appealing project for those looking to invest in a property within the attractive village of Penley. Encompassing around 730 sq ft of single-storey living space, the home features well-sized rooms that include an entrance porch, living room with a multifuel burner, kitchen, two bedrooms, and a family bathroom. The layout presents opportunities for reconfiguration or upgrading to align with contemporary preferences. Situated in a cul-de-sac location, the property benefits from ample parking on a tandem driveway alongside a single garage. The outdoor space is generous, featuring front, side, and rear gardens that could be enhanced or landscaped to create inviting outdoor areas. The rear garden includes a paved patio that serves as a suitable spot for al fresco dining while providing scope for further improvement. The surrounding area is known for its good educational facilities and local amenities in nearby Ellesmere and further afield in Wrexham and Chester.

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Investment analysis

(LL13 area)

Above Market Value

This property is priced +3.7% above area average per sq ft

+3.7%
This Property
£227/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£176
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£175,054
10% above area average per sq ft
Potential ROI
-14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LL13)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +9.5%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on LL13 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

Oak Avenue, Penley.
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% 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.

Stamp duty calculator

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