Bearnett Drive, Lower Penn, Wolverhampton
CO

Bearnett Drive, Lower Penn, Wolverhampton

By Connells

£ 375,000

Reviews

3 out of 5 stars

Connells says ..

*** A GENEROUS PLOT OF LAND SITUATED IN THE SOUGHT AFTER AREA OF LOWER PENN *** The land has no current planning permission however the current owner has prepared drawings for a five bedroom detached home. Call Connells for further information.

Property Oracle says ..

This listing is for a plot of land in Lower Penn, Wolverhampton, with approved plans for a substantial five-bedroom detached house. Lower Penn is a sought-after location with a strong reputation for its excellent schools and peaceful, semi-rural setting. The proximity to good schools, like the outstanding Penn Hall School, is a significant advantage, increasing the property’s appeal and potential value. While specific details about the property’s size are not provided, the plans indicate a sizable dwelling with modern architectural features. The plot also appears to offer ample space for landscaping. The current absence of a built structure does introduce some uncertainty. The £375,000 price point should be considered in comparison to the cost of construction, local land values and other comparable developments in the area; however, the lack of detailed information on the nearby properties makes this difficult. It is recommended to seek an independent valuation of the land and potential construction costs before making a purchase decision. Buyers should investigate the detailed planning permission and ensure they are comfortable with the building process and associated timelines.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
7
Bedrooms
0
Bathrooms
0

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 £
Average area rental value
1,225.00 £/mo
Increased by 29.63 %
from 945.00 £/mo
Est rental Yield
4.77 %
Increased by 74.73 %
from 2.73 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Springdale Primary SchoolCommunity SchoolGood1.46 KM
Penn Hall SchoolCommunity Special SchoolOutstanding1.56 KM
Highfields SchoolAcademy ConverterGood1.64 KM
Penn Fields SchoolCommunity Special SchoolRequires improvement1.69 KM
St Benedict Biscop Cofe Primary SchoolAcademy Sponsor LedRequires improvement1.78 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lloyd Drive £ 000.00 KM
South Green £ 000.00 KM
The Avenue £ 000.00 KM
Oakley Grove £ 000.00 KM
Dirtyfoot Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wolverhampton1218WVH7.31 KM
Bilbrook4618BBK8.18 KM
Codsall4616CSL9.00 KM
Coseley1143CSY9.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bearnett Drive, Lower Penn, Wolverhampton £ 375,000BUY7 / 100.00 KM
Bearnett Drive, Wolverhampton, WV4 £ 325,000BUY5 / 100.07 KM
The Water Gardens, Wolverhampton, WV4 £ 325,000BUY7 / 100.17 KM
4 Albrighton House, The Water Gardens, Wolverhampton £ 320,000BUY5 / 100.17 KM
The Dairy, Lloyd Farm Barns, Stourbridge Road, Wombourne £ 425,000BUYUnknown0.29 KM

Nearby Properties

AddressPriceDistance
3 Bearnett Drive £ 175,0000.00 KM
22 Bearnett Drive £ 240,0000.00 KM
21 Bearnett Drive £ 325,0000.00 KM
18 Bearnett Drive £ 248,0000.00 KM
4 Bearnett Drive £ 230,0000.00 KM