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 %
- Est sale value
- 595,339.95 £Decreased by 9.00 %
- Average area rental value
- 1,225.00 £/moIncreased by 29.63 %
- Est letting value
- 2,263.65 £/mo
- Est rental Yield
- 4.77 %Increased by 74.73 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Peter James Property Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Bartholomew'S Church Of England Primary School | Academy Converter | 1.18 KM | |
| Alder Coppice Primary School | Foundation School | Good | 1.71 KM |
| Penn Hall School | Community Special School | Outstanding | 1.78 KM |
| Colton Hills Community School | Community School | Good | 2.03 KM |
| Woodfield Primary School | Academy Sponsor Led | 2.29 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Penncroft Lane | £ 0 | 0 | 0.00 KM |
| Ward Road | £ 540,000 | 0 | 0.00 KM |
| Green Acres | £ 170,000 | 0 | 0.00 KM |
| Alderbrook Close | £ 394,950 | 0 | 0.00 KM |
| Greenslade Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wolverhampton | 1218 | WVH | 5.53 KM |
| Coseley | 1143 | CSY | 6.92 KM |
| Tipton | 1159 | TIP | 9.33 KM |
| Bilbrook | 4618 | BBK | 9.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Penncroft Lane, Penn Common, Wolverhampton | £ 400,000 | BUY | 6 / 10 | 0.19 KM |
| Sedgley Road, Wolverhampton | £ 289,950 | BUY | 6 / 10 | 0.31 KM |
| 62 Sedgley Road, Wolverhampton | £ 285,000 | BUY | 6 / 10 | 0.32 KM |
| Holly Trees Lodge, Penn Road, Gospel End Village, Dudley | £ 425,000 | BUY | Unknown | 0.43 KM |
| 28 Penn Road, Dudley | £ 475,000 | BUY | 7 / 10 | 0.61 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Walnut Cottage | £ 160,000 | 0.15 KM |
| Brook House | £ 615,000 | 0.15 KM |
| 64 Sedgley Road | £ 90,000 | 0.34 KM |
| 62 Sedgley Road | £ 220,000 | 0.34 KM |
| 64a Sedgley Road | £ 185,000 | 0.34 KM |