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Stourbridge Road, Penn, Wolverhampton WV4 - Image 1
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Stourbridge Road, Penn, Wolverhampton WV4

West Midlands

£175,000
Listed on 12/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for those looking to invest in renovation or new development. Situated in the highly desirable area of Lloyd Hill, Penn, the land currently features several outbuildings and boasts rear gated access, adding convenience for potential projects. The existing structures offer both storage and workspace possibilities, while the pleasant rear garden enhances the overall appeal of the site. Notably, planning permission has been granted for a detached bungalow (planning reference 24/0055/ful), providing a solid foundation for ambitious buyers looking to create a modern living space tailored to current market demands. Lloyd Hill is well-regarded for its vibrant community and accessibility. The location ensures that essential amenities such as shops, schools, healthcare facilities, and dining options are within easy reach. Additionally, excellent transport links to Wolverhampton, Kidderminster, and Stourbridge make it a favored choice for commuters. For those interested in exploring this unique investment potential further, additional information can be obtained from Connells Wolverhampton. This plot offers not just a piece of land but an opportunity to participate in the growth of a sought-after neighborhood.

Investment Analysis

(WV4 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£257
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 10.6%
5 year growth: 38.0%
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

Stourbridge Road, Penn, Wolverhampton WV4
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE