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83 Greenside Way, Walsall, WS5

West Midlands

£595,000
Listed on 16/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This spacious five-bedroom bungalow offers significant renovation and investment potential, making it an attractive opportunity for developers and investors alike. Located on a substantial corner plot at the intersection of Greenside Way and Ladbury Road, the property has secured planning approval for the construction of four detached homes—three with four bedrooms and one featuring three bedrooms (Application Numbers DC/22/67156 and DC/25/70218). The existing residence includes a reception hall, lounge, dining area, kitchen, five bedrooms, and a bathroom equipped with a jacuzzi-style bath. While the current layout provides ample living space, updates could enhance its functionality and aesthetic appeal. The property also features off-road parking and a garage, along with an enclosed rear garden that offers additional outdoor space. Positioned in a sought-after residential area, the location is convenient to various amenities such as local shopping options, schools catering to all age groups, and Tamebridge Parkway Rail Station—just a short drive away—providing convenient commuter access to Birmingham city centre. In terms of services, the property benefits from water, gas, electricity, and mains drainage connections. Interested parties are encouraged to verify these services independently. This freehold property not only represents an inviting home but also serves as a noteworthy investment opportunity in a thriving community. Prospective buyers are advised to conduct their due diligence regarding title verification and planning details through their solicitors. Viewing arrangements can be made through the selling agents.

Investment Analysis

(WS5 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.9%
Monthly Sales
12
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WS5)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 0.8%
5 year growth: 25.4%
Investment Disclaimer: Analysis based on WS5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

83 Greenside Way, Walsall, WS5
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