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Brownshore Lane, Essington, Wolverhampton WV11 - Image 1
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Brownshore Lane, Essington, Wolverhampton WV11 - Image 3

Brownshore Lane, Essington, Wolverhampton WV11

West Midlands

£500,000
Listed on 28/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2295 sqft

Description

This historic property, The Old Vicarage, offers a unique investment opportunity in the heart of Essington. Built in 1834 for the former Iron Church, this distinguished residence holds remarkable architectural significance and charm. With only three families having owned it since its transition from a vicarage in 1932, the home showcases numerous original features, including the king chimney pot that reflects its prestigious past. Recent renovations have taken place, involving significant back-to-brick work that merges modern comforts with original character. The versatile grounds include an outbuilding rich with history and a traditional well—elements that could inspire various potential uses or further enhancements. The property comprises an entrance hallway, lounge, utility/boiler room, guest WC, and a breakfast kitchen that opens into a dining/family area. Notably, the lean-to at the rear is partially open to the elements yet provides access to extensive storage areas and an external study/playroom. On the first floor are four generous double bedrooms and a luxurious family bathroom. The expansive plot presents considerable flexibility for future development—options could range from maintaining it as a large garden space to exploring extensions or even creating a separate dwelling (subject to planning permissions). Situated conveniently near essential amenities and transport links while nestled within scenic countryside surroundings, The Old Vicarage embodies untapped potential for buyers looking to invest in both living space and land development.

Investment Analysis

(WV11 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£218/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£237
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£614,842
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (WV11)

Area prices are rising by +7.0% over the last 12 months
3 year growth: 8.8%
5 year growth: 35.0%
Investment Disclaimer: Analysis based on WV11 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

Brownshore Lane, Essington, Wolverhampton WV11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 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