Penstone Lane, Lower Penn, Wolverhampton
CO

Penstone Lane, Lower Penn, Wolverhampton

By Connells

£ 500,000

Reviews

3 out of 5 stars

Connells says ..

"AN OUTSTANDING FOUR BEDROOM DETACHED FAMILY HOME IN SEMI RURAL SETTING" Comprising large entrance hall lounge, dining room/study, kitchen, downstairs wc, laundry area, four bedrooms over two floors, family bathroom, detached garage, front & rear garden & driveway.

Property Oracle says ..

This three-bedroom, two-bathroom property located on Penstone Lane in Lower Penn, Wolverhampton, is presented for sale at £500,000. Lower Penn is a sought-after village offering a balance of rural tranquility and convenient access to Wolverhampton. The property itself appears well-maintained but could benefit from some modernisation to enhance its overall appeal and value. The kitchen and bathrooms look relatively updated, while other rooms display a more traditional style. The exterior features a garden and what appears to be a detached garage or workshop. The property’s condition is generally good, but certain rooms show their age. While the list price aligns with similar properties in the area, the absence of detailed square footage data for comparable properties makes a precise value assessment difficult. Potential buyers should carefully consider the property’s age and potential need for modernisation against the asking price and the desirability of the Lower Penn location. The lack of precise plot size information also prevents a complete assessment of land value. Overall, the property represents a solid family home in a desirable location, but buyers should conduct a thorough inspection to assess its condition and potential renovation costs.

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)
1,000.00

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
263,000.00 £
Decreased by 9.00 %
from 289,000.00 £
Average area rental value
1,225.00 £/mo
Increased by 29.63 %
from 945.00 £/mo
Est letting value
1,000.00 £/mo
from 0.00 £/mo
Est rental Yield
4.77 %
Increased by 74.73 %
from 2.73 %
Crime Rate
139.00 %
Unchanged by 0.00 %
from 139.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
All Saints' Cofe Primary SchoolAcademy Converter2.65 KM
Wightwick Hall SchoolAcademy Special Converter2.75 KM
Wombourne High SchoolAcademy Sponsor LedRequires improvement2.85 KM
Westfield Primary SchoolCommunity SchoolGood3.00 KM
Bhylls Acre Primary SchoolCommunity SchoolGood3.10 KM

Images

Nearby Transport

NameNLCTLCDistance
Bilbrook4618BBK7.42 KM
Codsall4616CSL7.52 KM
Wolverhampton1218WVH9.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
Penstone Lane, Lower Penn, Wolverhampton £ 500,000BUY6 / 100.00 KM
Penstone Lane, Lower Penn, Wolverhampton, WV4 £ 550,000BUY7 / 100.23 KM
Market Lane, Lower Penn, WV4 £ 525,000BUY7 / 100.91 KM
Market Lane, Lower Penn, WV4 £ 315,000BUY6 / 100.99 KM
Lower Penn Farmhouse, Lower Penn, Wolverhampton £ 925,000BUY7 / 101.20 KM

Nearby Properties

AddressPriceDistance
Hillcroft £ 248,5000.00 KM
Burway £ 240,0000.00 KM
Brooklands £ 220,0000.00 KM
Wharrytons £ 175,0000.00 KM
4 Penstone Lane £ 178,0000.00 KM