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5 Sun Street, Walsall, WS1 4AL - Image 1
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5 Sun Street, Walsall, WS1 4AL

West Midlands

£90,000
Listed on 02/10/2025

Property Details

Bedrooms
1
Type
Detached house
Area
456 sqft

Description

This end-terraced bungalow presents a unique opportunity for renovation and investment in a desirable location. Set back from the road, the property features a manageable foregarden and a driveway that enhances its curb appeal. Inside, the layout includes a welcoming hall, a versatile reception room, and a functional kitchen. The single bedroom provides ample space for relaxation, while the wet room/WC is conveniently located on the ground floor. Although the bungalow benefits from double glazing and central heating, it is in need of modernisation, allowing you to tailor updates to your preferences and potentially increase its market value. The outdoor space consists of gardens that can be transformed into appealing landscapes or functional outdoor areas, further enhancing the property's charm. Located within an area with strong demand for housing, this property holds significant investment potential. Whether you're looking to create your dream home or capitalize on a rental opportunity after refurbishment, this bungalow's strategic position is conducive to both residential comfort and investment growth. The freehold nature ensures that you have complete ownership without lease restrictions. As it stands vacant upon completion, this property allows for immediate renovations and occupancy once improvements are made. Viewing opportunities are available leading up to the auction date, providing you with ample time to assess its potential firsthand before considering your bids.

Investment Analysis

(WS1 area)

Above Market Value

This property is priced +0.6% above area average per sq ft

+0.6%
This Property
£197/sq ft
Area Average
£196/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£9,000 - £22,500
10-25% of property value
Target Value
£98,389
10% above area average per sq ft
Potential ROI
-12.5%
After renovation
Monthly Sales
11
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (WS1)

Area prices are falling by +9.1% over the last 12 months
3 year growth: 6.8%
5 year growth: 49.0%
Investment Disclaimer: Analysis based on WS1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

5 Sun Street, Walsall, WS1 4AL
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