Worst House on the Street Logo
34 May Street, Walsall, WS3 2AX - Image 1
34 May Street, Walsall, WS3 2AX - Image 2
34 May Street, Walsall, WS3 2AX - Image 3
34 May Street, Walsall, WS3 2AX - Image 4
34 May Street, Walsall, WS3 2AX - Image 5

34 May Street, Walsall, WS3 2AX

West Midlands

£89,000
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
893 sqft

Description

This mid-terrace property presents a solid opportunity for those looking to invest in a renovation project. Situated directly adjacent to the pavement, the property is conveniently located, offering easy access to local amenities and transport links. The layout features a traditional ground floor that includes front and rear reception rooms, a kitchen, a lobby, and a bathroom/WC. Upstairs, you will find three well-proportioned bedrooms, providing ample space for family living or rental potential. The property also benefits from gas-fired central heating, although it requires considerable modernization to fully realize its potential. Outside, the rear garden offers a private outdoor area that could be transformed into an attractive retreat with some landscaping work. Given its condition and the demand in the area for updated homes, this property could be an excellent investment for buyers willing to undertake refurbishment efforts. With vacant possession upon completion, this property allows for flexible options after purchase. Prospective buyers interested in making pre-auction offers are encouraged to do so if they wish to secure this property ahead of the scheduled auction date. Viewing opportunities are available on specified dates, allowing interested parties to assess the property's condition firsthand. This is an ideal chance for investors or DIY enthusiasts looking for a project with significant upside potential in a desirable location.

Investment Analysis

(WS3 area)

Below Market Value

This property is priced -58.3% below area average per sq ft

-58.3%
Potential saving
This Property
£100/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£243
Avg Yield
5.2%

Renovation Potential

Est. Renovation Cost
£8,900 - £22,250
10-25% of property value
Target Value
£234,622
10% above area average per sq ft
Potential ROI
+110.9%
After renovation
Monthly Sales
27
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (WS3)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 11.3%
5 year growth: 37.2%
Investment Disclaimer: Analysis based on WS3 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

34 May Street, Walsall, WS3 2AX
Map showing location of 34 May Street, Walsall, WS3 2AX
Open Map