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Pennhouse Avenue, Penn, Wolverhampton WV4

West Midlands

£355,000
Listed on 05/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1313 sqft

Description

This spacious three-bedroom, two-bathroom semi-detached home, while offering a comfortable living experience, also presents significant potential for renovation and investment. The property features a traditional design with appealing kerb appeal, including a large driveway secured by bollards and a versatile garage that could serve various uses such as an office or studio. The expansive rear garden is a notable asset, providing ample space for outdoor improvement or landscaping projects. Set in the desirable Pennhouse Avenue area, this residence is conveniently located near Wolverhampton City Centre but still enjoys a serene residential environment. Nearby amenities, parks, and schools further enhance the location's appeal. Inside, the layout consists of multiple reception rooms filled with natural light and featuring modern comforts such as underfloor heating in the family/dining area. The kitchen is functional but could be modernized to elevate its aesthetic and utility. The home includes generously sized bedrooms with built-in wardrobes and an adaptable loft that offers excellent possibilities for future conversion (subject to planning approval). Though well-maintained with central heating and double glazing throughout, this property represents an exciting opportunity for those looking to personalize their space or invest in enhancements that could boost its value significantly.

Investment Analysis

(WV4 area)

Above Market Value

This property is priced +9.5% above area average per sq ft

+9.5%
This Property
£270/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£356,525
10% above area average per sq ft
Potential ROI
-9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV4)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +5.9%
5 year growth: +27.3%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,257
Based on a loan of £266,250 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.

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