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
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Metrics Year-on-Year
- Average area value
- 308,333.00 £Decreased by 25.74 %
- Average area rental value
- 1,225.00 £/moIncreased by 29.63 %
- Est rental Yield
- 4.77 %Increased by 74.73 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Springdale Primary School | Community School | Good | 1.46 KM |
| Penn Hall School | Community Special School | Outstanding | 1.56 KM |
| Highfields School | Academy Converter | Good | 1.64 KM |
| Penn Fields School | Community Special School | Requires improvement | 1.69 KM |
| St Benedict Biscop Cofe Primary School | Academy Sponsor Led | Requires improvement | 1.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lloyd Drive | £ 0 | 0 | 0.00 KM |
| South Green | £ 0 | 0 | 0.00 KM |
| The Avenue | £ 0 | 0 | 0.00 KM |
| Oakley Grove | £ 0 | 0 | 0.00 KM |
| Dirtyfoot Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wolverhampton | 1218 | WVH | 7.31 KM |
| Bilbrook | 4618 | BBK | 8.18 KM |
| Codsall | 4616 | CSL | 9.00 KM |
| Coseley | 1143 | CSY | 9.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bearnett Drive, Lower Penn, Wolverhampton | £ 375,000 | BUY | 7 / 10 | 0.00 KM |
| Bearnett Drive, Wolverhampton, WV4 | £ 325,000 | BUY | 5 / 10 | 0.07 KM |
| The Water Gardens, Wolverhampton, WV4 | £ 325,000 | BUY | 7 / 10 | 0.17 KM |
| 4 Albrighton House, The Water Gardens, Wolverhampton | £ 320,000 | BUY | 5 / 10 | 0.17 KM |
| The Dairy, Lloyd Farm Barns, Stourbridge Road, Wombourne | £ 425,000 | BUY | Unknown | 0.29 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Bearnett Drive | £ 175,000 | 0.00 KM |
| 22 Bearnett Drive | £ 240,000 | 0.00 KM |
| 21 Bearnett Drive | £ 325,000 | 0.00 KM |
| 18 Bearnett Drive | £ 248,000 | 0.00 KM |
| 4 Bearnett Drive | £ 230,000 | 0.00 KM |