Sold STC Flat

1A

PENNY COURT, WALSALL, STAFFORDSHIRE WS6 6HH

1 beds 1 baths 56 m² Listed 21 Jul 2025 (-364d)

£110,000

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Property details

Tenure

LEASEHOLD (100 years remaining on lease)

Floor area

56 m²

Council tax band

A

EPC rating

E

Last sold

£107,000 Apr 2026

Price per m²

£1,964/m²

Local average

£165,125 (-33.4%)

Deprivation

Decile 5 (13,866 of 33,755)

Street crime

56 incidents within 1 mile (May 2026)

Key features

  • DECEPTIVELY SPACIOUS
  • LARGE OPEN PLAN KITCHEN DINER
  • REFITTED BATHROOM
  • SOUGHT AFTER LOCATION
  • LARGE LOUNGE
  • CLOSE TO TRAIN STATION
  • IDEAL FOR LOCAL SHOPS
  • WELL PRESENTED
  • DOUBLE BEDROOM
  • VIEIWNG ADVISED

Additional details

Parking
Yes

Description

VERY WELL PRESENTED DECEPTIVELY SPACIOUS OPEN PLAN KITCHEN DINER REFITTED BATHROOM LARGE LOUNGE COMMUNAL GARDEN SECURE INTERCOM ENTRY IDEAL FOR TRAIN STATION LOCAL AMENITIES VIEWING ESSENTIAL TO APPRECIATE THE PROPERTY ON OFFER
WEBBS ESTATE AGENTS are pleased to offer for sale a modern very well presented and spacious ground floor apartment offering local amenities, easy access to the train station and ample parking.
In brief consisting of secure intercom entry into the communal hallway, having steps down into the entrance hallway with storage cupboards and doors to all rooms which include a spacious lounge, a large open plan kitchen diner with integral appliances and breakfast bar.
The refitted three-piece bathroom has P shaped bath with shower over, a generous double bedroom with built-in wardrobes completes the living accommodation, ample parking is provided and early viewing is advised to appreciate the STANDARD AND SIZE OF ACCOMMODATION ON OFFER

Communal Entrance With Intercom Entry -

Entrance With Steps Down To The Hallway -

Large Lounge - 5.11 x 3.73 (16'9" x 12'2" ) -

Open Plan Kitchen Diner With Integrated Appliances - 6.10m x 3.00m (20'0" x 9'10" ) -

Spacious Double Bedroom - 3.60m x 2.44m (11'9" x 8'0" ) -

Refitted Three Piece Bathroom - 2.54 x 1.88 (8'3" x 6'2" ) -

Coal Mining - Areas surrounding Cannock and Walsall are known Mining Areas.

All buyers are advised to check the Coal Authority website to gain more information relating to this property

We advise all clients to discuss the above points with a conveyancing solicitor.

Connectivity: - Broadband Availability: Standard & superfast fibre options are available (Openreach)
Mobile Availability: You are likely to have good voice and data coverage with EE, Three, O2, and Vodafone

Parking - No guaranteed available parking.

Property Type & Construction - The property is a Flat located on the Ground Floor of a three-storey block.

The property is of standard Brick and Tile construction.

Rooms - The property has a total of 4 rooms

Utilities - Electric: Mains connected
Water: Mains connected
Sewerage: Mains connected
Heating: Mains connected Gas Central Heating system

Identification Checks - C** - Should a purchaser(s) have an offer accepted on a property marketed by Webbs Estate Agents they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £36 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.

Listed by

Cannock

Webbs Estate Agents

Reference: 164741000

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: D

Inspection date: 20/11/2020

Expiry date: 19/11/2030

Current heating cost: £826/year

Potential heating cost: £684/year

Est. upgrade cost to C: £5,680

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Low energy lighting for all fixed outlets (£25)
  • Heat recovery system for mixer showers (£585 - £725)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

penny.jpg

penny.jpg

EPC Graphs

EE Rating

EE Rating

Price history

16% since 2021

Event Date Price % change
Sold 10/04/2026 (3 months ago) £107,000 +9.7%
Sold 28/04/2023 (3 years ago) £97,500 -9.7%
Sold 21/01/2022 (4 years ago) £108,000 +16.8%
Sold 27/04/2021 (5 years ago) £92,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
62 ALPHA WAY, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6AH £79,000 22/12/2025 Flat
Same street 11 PENNY COURT, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HH £88,500 12/09/2025 Flat
Same street 10 PENNY COURT, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HH £48,000 11/09/2025 Flat
37A TOWER VIEW ROAD, GREAT WYRLEY, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HF £44,000 11/06/2025 Flat
Same street 17 PENNY COURT, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HH £89,000 26/04/2023 Flat
Same street 22 PENNY COURT, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HH £85,000 13/01/2023 Flat
31 TOWER VIEW ROAD, GREAT WYRLEY, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HF £65,000 16/08/2022 Flat
Same street 27 PENNY COURT, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HH £92,500 24/06/2022 Flat
Same street 27 PENNY COURT, WALSALL, SOUTH STAFFORDSHIRE, STAFFORDSHIRE, WS6 6HH £50,000 10/11/2021 Flat

Street average: £75,500 (6 sales)

Area average: £62,667 (3 sales)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): South Staffordshire. Series: Flats and maisonettes. As of April 2026.

1y (index) 0.8%
5y (index) 12%
10y (index) 41.8%

Rental Range

Estimated market rent for South Staffordshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £851/mo
Realistic £945/mo
Optimistic £1,040/mo

Based on Local Authority from postcode lookup → South Staffordshire.

LHA (30th percentile) floor for Mid Staffs: £499/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Holly Lane 0.1 miles
Train station Landywood 0.5 miles
Shop Unknown 0.5 miles
Shop The Cats Whiskers Rescue 0.5 miles
Train station Bloxwich North 1.7 miles
University University of Wolverhampton 6.3 miles
University University of Wolverhampton Wulfruna Campus 6.3 miles
Hospital krishna pemmaraju 7.6 miles
Hospital Bilston Street Surgery 8.6 miles

Street-level crime

Category Count
Violence and sexual offences 26
Other theft 5
Robbery 4
Anti-social behaviour 3
Criminal damage and arson 3
Drugs 3
Vehicle crime 3
Burglary 2
Possession of weapons 2
Public order 2
Bicycle theft 1
Other crime 1
Shoplifting 1
Total incidents 56

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Landywood Primary School Primary 0.2 miles Good — 28 Mar 2017
Glenthorne Community Primary School Primary 0.9 miles Good — 14 May 2024
Moat Hall Primary Academy Primary 0.9 miles Requires improvement — 10 Feb 2020
Great Wyrley Academy Secondary 1.1 miles Good — 14 Feb 2023
St Thomas More Catholic Primary School Primary 1.2 miles Good — 8 Sep 2014

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Cheslyn Hay, WS6 £650/mo 1 1.01 miles OpenRent
1 Bed Flat, Station Street, WS6 £725/mo 1 1.01 miles OpenRent

Average rent: £688/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.63%
Max investor price (0.8%) £86,000
Target investor price (1%) £68,800
Gross yield 7.5%
Cost-to-rent ratio 13.3×
Monthly cashflow £161/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).