Worst House on the Street Logo
Riley Crescent, Penn - Image 1
Riley Crescent, Penn - Image 2
Riley Crescent, Penn - Image 3
Riley Crescent, Penn - Image 4
Riley Crescent, Penn - Image 5
Riley Crescent, Penn - Image 6
Riley Crescent, Penn - Image 7
Riley Crescent, Penn - Image 8
Riley Crescent, Penn - Image 9
Riley Crescent, Penn - Image 10
Riley Crescent, Penn - Image 11
Riley Crescent, Penn - Image 12
Riley Crescent, Penn - Image 13
Riley Crescent, Penn - Image 14
Riley Crescent, Penn - Image 15
Riley Crescent, Penn - Image 16
Riley Crescent, Penn - Image 17
Riley Crescent, Penn - Image 18
Riley Crescent, Penn - Image 19
Riley Crescent, Penn - Image 20
Riley Crescent, Penn - Image 21
Riley Crescent, Penn - Image 22
Riley Crescent, Penn - Image 23
Riley Crescent, Penn - Image 24
Riley Crescent, Penn - Image 25
Riley Crescent, Penn - Image 26
Riley Crescent, Penn - Image 27
Riley Crescent, Penn - Image 28
Riley Crescent, Penn - Image 29
Riley Crescent, Penn - Image 30
Riley Crescent, Penn - Image 31
Riley Crescent, Penn - Image 32
Riley Crescent, Penn - Image 33
Riley Crescent, Penn - Image 34

Riley Crescent, Penn

West Midlands

£535,000
Listed on 17/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1878 sqft

Description

This four-bedroom detached home, cherished by the same family for over three decades, presents a rare opportunity in Wolverhampton for those with an eye for renovation and investment potential. The property boasts ample living space and unique features, providing the perfect canvas for reimagining your ideal home. With a generous private driveway ensuring plenty of parking, this residence is well-suited for family life or entertaining guests. The south-west facing garden is particularly noteworthy, capturing sunlight throughout the day and offering expansive outdoor space that could be transformed into an inviting haven. There’s ample room for vegetable gardens or even a designated studio area, pending planning permission. Inside, the flexible layout includes a spacious open-plan kitchen diner—ideal for culinary enthusiasts—and multiple reception rooms that could be adapted to suit various needs. On the ground floor, accessibility is enhanced with a convenient shower room. Upstairs, four sizable bedrooms offer multiple options: traditional sleeping quarters or versatile spaces suitable for offices or hobby rooms. While the property shows signs of age that may require attention—from cosmetic updates to potential structural improvements—its inherent charm and location position it as an excellent investment opportunity in central Wolverhampton.

Investment Analysis

(WV3 area)

Above Market Value

This property is priced +18.8% above area average per sq ft

+18.8%
This Property
£285/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£495,379
10% above area average per sq ft
Potential ROI
-16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WV3)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +17.7%
5 year growth: +25.9%
Investment Disclaimer: Analysis based on WV3 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

Riley Crescent, Penn
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,895
Based on a loan of £401,250 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates