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Laches Lane, Coven, Wolverhampton

West Midlands

£450,000

Listed on 04/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1619 sqft

Description

This four-bedroom detached cottage offers a unique blend of space and charm, conveniently located near Wolverhampton and Stafford. With a large rear garden that adjoins a serene canal, this property presents both a comfortable family home and an excellent opportunity for renovation and value enhancement. The cottage retains many original features, which can be preserved or modernized to suit contemporary tastes. While the home has served as a cherished family residence for nearly three decades, it could greatly benefit from updates or potential extensions (subject to planning permissions) to fully capitalize on its generous dimensions and appealing setting. Internally, the layout encompasses a fitted kitchen with an inviting breakfast area, an adjoining office or fourth bedroom option, a utility space, and a cosy lounge featuring dual multi-fuel log burners. The dining room connects conveniently to the ground floor amenities, providing flexible living arrangements. The first floor hosts three sizable bedrooms along with a bathroom positioned adjacent to the main bedroom, all offering views of the enchanting rear garden. Outside, the property boasts ample off-road parking alongside well-maintained front gardens. The rear garden is not only sizeable but also filled with potential for landscaping or gardening projects, including fruit and vegetable patches as well as areas suitable for wildlife attraction. Additionally, there are opportunities for outdoor leisure activities given its canal-side location. The quiet lane provides privacy while still being within easy reach of local amenities in Coven Village and Brewood. Easy access to transport links such as M54 and M6 ensures convenient travel options for commuting or leisure trips.

Investment Analysis

(WV10 area)

Above Market Value

This property is priced +18.3% above area average per sq ft

+18.3%
This Property
£278/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£249
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£418,333
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (WV10)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +4.5%
5 year growth: +26.7%
Investment Disclaimer: Analysis based on WV10 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

Laches Lane, Coven, Wolverhampton
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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
£1,700
Based on a loan of £337,500 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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