Acres says ..
*** THIS PROPERTY IS AVAILABLE VIA MODERN METHOD OF AUCTION *** This substantial residence presents an extraordinary opportunity for those seeking a property with incredible scope for customisation and development. Boasting considerable proportions throughout, the home offers unmatched versatilit...
Property Oracle says ..
This five-bedroom, two-bathroom property located on Penns Lane, Sutton Coldfield, presents a mixed picture. The address itself is highly desirable, sitting within an established residential area known for its family-friendly atmosphere and excellent access to schools and transport links. The nearby Penns Primary School and Bishop Walsh Catholic School are both rated ‘Good’ by Ofsted, offering convenient schooling options. Several train stations are within a reasonable distance, providing easy access to Birmingham and beyond.
However, the current state of the property is less positive. Images reveal ongoing exterior renovations or an extension. Whilst parts look modern and well-maintained, others seem dated and require attention. The extensive grounds present both an opportunity and a challenge. While the size of the plot is significant, providing space for a large garden, the current state is unkempt and overgrown. This will require substantial investment of time and resources to transform it into a useable outdoor area.
The listing price of £550,000 sits within the typical range for homes on Penns Lane, based on comparable properties. However, the absence of square footage data prevents a conclusive price-per-square-foot assessment. The need for further work, both inside and out, should be factored into any prospective buyer’s budget. Overall, the property offers excellent long-term potential, but requires significant investment and effort before it can be fully realised.
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
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 5
- Bathrooms
- 2
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
- 412,273.00 £Increased by 8.72 %
- Average area rental value
- 1,245.00 £/moIncreased by 0.97 %
- Est rental Yield
- 3.62 %Decreased by 7.18 %
- Crime Rate
- 0.00 %
Agent Activity
Acres created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Penns Primary School | Community School | Good | 1.04 KM |
| The Shrubbery School Ltd | Other Independent School | 1.10 KM | |
| Bishop Walsh Catholic School | Academy Converter | Good | 1.38 KM |
| The Deanery Church Of England Primary School | Academy Converter | Outstanding | 1.44 KM |
| Gunter Primary School | Community School | Good | 1.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Alder Close | £ 410,000 | 0 | 0.00 KM |
| Fourlands Avenue | £ 449,975 | 0 | 0.00 KM |
| Corn Mill Close | £ 695,000 | 0 | 0.00 KM |
| The Avenue | £ 125,000 | 0 | 0.00 KM |
| Kendrick Road | £ 417,475 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chester Road | 1130 | CRD | 2.77 KM |
| Wylde Green | 1138 | WYL | 2.88 KM |
| Erdington | 1041 | ERD | 3.64 KM |
| Sutton Coldfield | 1044 | SUT | 3.80 KM |
| Four Oaks | 1042 | FOK | 5.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Alder Close, Walmley, Sutton Coldfield | £ 410,000 | BUY | 6 / 10 | 0.22 KM |
| Penns Lake Road, Sutton Coldfield, B76 | £ 795,000 | BUY | 7 / 10 | 0.35 KM |
| Eldon Drive, Walmley, Sutton Coldfield | £ 185,000 | BUY | 5 / 10 | 0.39 KM |
| Penns Lane, Sutton Coldfield | £ 120,000 | BUY | 5 / 10 | 0.41 KM |
| Moxhull Drive, Walmley | £ 375,000 | BUY | 6 / 10 | 0.43 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 256 Penns Lane | £ 300,000 | 0.02 KM |
| 266 Penns Lane | £ 392,000 | 0.02 KM |
| 228 Penns Lane | £ 349,000 | 0.02 KM |
| 230 Penns Lane | £ 315,000 | 0.02 KM |
| 238 Penns Lane | £ 620,000 | 0.02 KM |