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Pennhouse Avenue, Penn, Wolverhampton WV4 - Image 1
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Pennhouse Avenue, Penn, Wolverhampton WV4

West Midlands

£355,000

Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1313 sqft

Description

This spacious three-bedroom, two-bathroom semi-detached home presents a solid investment opportunity for those looking to enhance its character while modernizing certain aspects. Nestled in a desirable area off Penn Road, it offers great access to Wolverhampton City Centre amidst tranquil residential surroundings. The property features an appealing driveway and versatile garage space that can be repurposed into an office or studio, while the sizeable rear garden is perfect for families or outdoor enthusiasts. Although well-presented, there is significant potential to increase value through renovation, particularly in the kitchen and bathrooms, which could benefit from contemporary updates. The layout includes multifunctional rooms with ample natural light and a loft that may allow for future conversion, subject to planning permissions. The home's existing central heating and double glazing contribute to overall comfort and energy efficiency, making it a wise choice for renovation-minded buyers looking to create a personalized living space within this attractive setting.

Investment Analysis

(WV4 area)

Above Market Value

This property is priced +8.9% above area average per sq ft

+8.9%
This Property
£270/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£358,620
10% above area average per sq ft
Potential ROI
-9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +5.5%
5 year growth: +25.9%
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

Pennhouse Avenue, Penn, Wolverhampton WV4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,267
Based on a loan of £266,250 over 30 years at 3.97% 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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