Walnut Cottage, Penncroft Lane, Penn Common
PE

Walnut Cottage, Penncroft Lane, Penn Common

By Peter James Property Ltd

£ 550,000

Reviews

3 out of 5 stars

Peter James Property Ltd says ..

* A substantial individually designed three-bedroom detached property just off Penn Common * Charming rural location adjacent to Penn Common with views over Penn Golf Club * Extensively extended and restyled to create a spacious and characterful family home * Porch * Feature reception hall with a...

Property Oracle says ..

Walnut Cottage, situated in the desirable village of Penn Common, Wombourne, offers a blend of rural charm and convenient access to local amenities and transport links. The property boasts three bedrooms and two bathrooms, spread across a substantial 2,263.65 square feet. The images reveal a property that is largely habitable, but in need of some modernisation and updating. The kitchen appears relatively modern, while other areas, such as the living room and some bedrooms, show a dated style and some potential maintenance needs, such as the ceiling in one room. The property benefits from a garden and a detached garage, providing both outdoor space and ample parking. The lack of specific plot size measurements makes it difficult to fully assess the land’s value. The list price of £550,000 needs to be considered in light of the need for potential renovations and the absence of precise details regarding the plot size. Comparable properties in the area, while showing a wide variation in price, suggest the listing price is within a reasonable range, though not necessarily a bargain. Overall, Walnut Cottage presents a solid opportunity for a buyer willing to undertake some modernisation and who values the tranquil location and solid structure of the property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
3
Bathrooms
2
Sqft (est)
2,263.65

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
308,333.00 £
Decreased by 25.74 %
from 415,194.00 £
Est sale value
595,339.95 £
Decreased by 9.00 %
from 654,194.85 £
Average area rental value
1,225.00 £/mo
Increased by 29.63 %
from 945.00 £/mo
Est letting value
2,263.65 £/mo
from 0.00 £/mo
Est rental Yield
4.77 %
Increased by 74.73 %
from 2.73 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Peter James Property Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St Bartholomew'S Church Of England Primary SchoolAcademy Converter1.18 KM
Alder Coppice Primary SchoolFoundation SchoolGood1.71 KM
Penn Hall SchoolCommunity Special SchoolOutstanding1.78 KM
Colton Hills Community SchoolCommunity SchoolGood2.03 KM
Woodfield Primary SchoolAcademy Sponsor Led2.29 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Penncroft Lane £ 000.00 KM
Ward Road £ 540,00000.00 KM
Green Acres £ 170,00000.00 KM
Alderbrook Close £ 394,95000.00 KM
Greenslade Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wolverhampton1218WVH5.53 KM
Coseley1143CSY6.92 KM
Tipton1159TIP9.33 KM
Bilbrook4618BBK9.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
Penncroft Lane, Penn Common, Wolverhampton £ 400,000BUY6 / 100.19 KM
Sedgley Road, Wolverhampton £ 289,950BUY6 / 100.31 KM
62 Sedgley Road, Wolverhampton £ 285,000BUY6 / 100.32 KM
Holly Trees Lodge, Penn Road, Gospel End Village, Dudley £ 425,000BUYUnknown0.43 KM
28 Penn Road, Dudley £ 475,000BUY7 / 100.61 KM

Nearby Properties

AddressPriceDistance
Walnut Cottage £ 160,0000.15 KM
Brook House £ 615,0000.15 KM
64 Sedgley Road £ 90,0000.34 KM
62 Sedgley Road £ 220,0000.34 KM
64a Sedgley Road £ 185,0000.34 KM