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Penn Road, Wolverhampton, WV4
For saleReduced 30 Oct 2026
£127,000Offers over

Penn Road, Wolverhampton, WV4 4AD

2bedrooms
2bathrooms
Flattype
764sq ft
Leaseholdtenure

Listed 5 Nov 2025 · price reduced 30 Oct 2026 · Wolverhampton

How the price compares

This home£127,000£166 per sq ft
Median 2 bed in WV4£180k20 homes listed · £317 per sq ft
Difference-29%below the area median

Key features

  • Shared Private Parking
  • Shared Garden (front only)
  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment Opportunity

About this home

Our latest listing is a 2 bedroom flat located in Wolverhampton. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen, ensuite, bathroom, shared garden space and shared private parking.

Investment details

It currently produces an annual gross income of £11,700 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Property details

Property type
Flat
Size
764 sq ft / 71 sq m
Tenure
Leasehold
Parking
Yes
Garden
Yes

Floorplan

Floor plan

Location

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  • Wolverhampton St George's Tram Stop1.6 mi
  • The Royal Tram Stop1.6 mi
  • Wolverhampton Station1.9 mi

What nearby homes sold for

Median sold prices in WV4 over the last 12 months: semi-detached £250k · detached £358k · terraced £220k · flat £110k.

AddressTypeSoldPrice
435 Penn Road
Wolverhampton WV4 5LN		Detached
Freehold		17 Jun 2026£375,000
Flat 20, Pendene Court, 253, Penn Road
Wolverhampton WV4 5UZ		Flat
Leasehold		15 May 2026£73,000
Flat 5, Pendene Court, 253, Penn Road
Wolverhampton WV4 5UZ		Flat
Leasehold		24 Apr 2026£105,000
332 Penn Road
Wolverhampton WV4 4BZ		Semi-detached
Freehold		10 Apr 2026£310,000
Flat 7, Pendene Court, 253, Penn Road
Wolverhampton WV4 5UZ		Flat
Leasehold		6 Feb 2026£80,000
Flat 3, The Gallery, 282, Penn Road
Wolverhampton WV4 4AD		Flat
Leasehold		9 Jan 2026£142,500
Flat 31, Algar Court, 231, Penn Road
Wolverhampton WV4 5UP		Flat
Leasehold		15 Dec 2025£148,000
Flat 24, The Gallery, 282, Penn Road
Wolverhampton WV4 4AD		Flat
Leasehold		21 Nov 2025£160,000
270a, Penn Road
Wolverhampton WV4 4AD		Other
Freehold		20 Nov 2025£300,000
356 Penn Road
Wolverhampton WV4 4DA		Terraced
Freehold		31 Oct 2025£220,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in WV4

Buying costs

Monthly repayment£635£12,700 deposit · £114,300 loan
Stamp Duty£40England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Let Property Sales & Management, Glasgow on Rightmove (original listing). First listed 5 Nov 2025; details checked 7 Nov 2026. Latest change: reduced on 30/10/2026.

Agent disclaimer

Disclaimer - Property reference 222216072. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Let Property Sales & Management, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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