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Oak Avenue, Penley.

Wales

£165,000
Listed on 21/03/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
727 sqft

Description

This generously sized two-bedroom detached bungalow presents an excellent opportunity for renovation and modernization, situated in a peaceful cul-de-sac at the edge of the well-regarded village of Penley. With approximately 730 sq ft of single-storey living space, this property includes a welcoming Entrance Porch, a spacious Living Room featuring a multifuel burner with an attractive exposed brick surround, and a Kitchen ready for updates. Both bedrooms offer rear garden views, while the Master Bedroom is equipped with built-in wardrobes and has access to a Conservatory. The family bathroom is functional but could benefit from modernization. Externally, the property boasts ample driveway parking accommodating several vehicles, complemented by a covered carport leading to a detached garage. The surrounding gardens—complete with an established lawn and paved patio—also present potential for landscaping enhancements or outdoor entertainment spaces. Located within proximity to good schools and essential amenities found in nearby Ellesmere (just 4.5 miles away), this bungalow is ideal for those looking to invest in a project that can be tailored to personal tastes while enjoying all the benefits of village life.

Investment Analysis

(LL13 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£227/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£170,016
10% above area average per sq ft
Potential ROI
-15.0%
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
112%
Properties sold annually

Local Market Trend (LL13)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +4.3%
5 year growth: +6.2%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£595
Based on a loan of £123,750 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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