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Botany Road, Walsall, West Midlands, WS5 - Image 1
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Botany Road, Walsall, West Midlands, WS5

West Midlands

£270,000
Listed on 16/02/2024

Property Details

Bedrooms
3
Type
Semi-detached house
Area
841 sqft

Description

This corner plot property in Delves, Walsall, presents a compelling opportunity for renovation and development. With approved planning for a substantial six-bedroom replacement dwelling, it offers significant investment potential. Currently, the house features a straightforward layout with an entrance hall leading to a lounge and an adequately sized kitchen. The first floor comprises three bedrooms and a bathroom, providing basic accommodation while allowing for reconfiguration or updates to enhance living space. Double glazing and central heating are present, offering essential comforts. Externally, the property includes off-road parking for multiple vehicles via a gravelled driveway and a detached garage. The rear garden is enclosed with both patio and lawn areas, ideal for further landscaping or outdoor enhancements. Well-positioned near local schools, shops, and transport links including easy access to the M6 motorway junction 9, this property is ripe for transformation into a more expansive family home or lucrative rental investment.

Investment Analysis

(WS5 area)

Above Market Value

This property is priced +14.6% above area average per sq ft

+14.6%
This Property
£321/sq ft
Area Average
£280/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£259,259
10% above area average per sq ft
Potential ROI
-28.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (WS5)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.6%
5 year growth: +16.4%
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.

Location

Botany Road, Walsall, West Midlands, WS5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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