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Canterbury Road, Penn

West Midlands

£250,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached home in the desirable Penn area offers significant renovation and development opportunities, subject to planning permission. The property is set on a spacious plot, enhancing its potential for expansion or modernization. Inside, you will find a welcoming porch leading to a hallway with a cloakroom. The lounge features a charming bay window and a traditional fireplace, while the expansive 21ft dining room provides ample space for family gatherings. The kitchen includes a breakfast area with access to the rear garden, which is perfect for outdoor entertaining. The master bedroom comes with built-in wardrobes, alongside another double bedroom that also features storage solutions and a single bedroom. A family bathroom completes the interior. Additionally, there's an extensive double-width garage with a separate workshop area and a generous driveway for parking multiple vehicles. The large rear garden is mature and includes a patio area. Importantly, there is also an available rear plot with previously granted planning permission for further development—an attractive incentive for investors or those seeking to expand their living space. Located conveniently near local amenities along Penn Road, including shops and healthcare facilities, this property enjoys strong transport links to Wolverhampton city centre and beyond.

Investment Analysis

(WV4 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +5.9%
5 year growth: +27.3%
Investment Disclaimer: Analysis based on WV4 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

Canterbury Road, Penn
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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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