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Lichfield Street, Bilston, WV14 - Image 1
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Lichfield Street, Bilston, WV14

West Midlands

£250,000
Listed on 11/08/2025

Property Details

Bedrooms
6
Type
Detached house

Description

This property presents a unique opportunity for renovation and investment, boasting six bedrooms and a rich history as the former Swan Bank Tavern. Located near Bilston Town Centre, it offers convenient access to local amenities, transport links, and community resources, making it an attractive location for potential residential or commercial development. With significant space available, the property holds the potential for conversion into residential apartments or commercial units, subject to obtaining the necessary planning permissions. The generous layout can be transformed to meet modern living standards or business needs, allowing investors and developers to maximize its value. Additionally, the property is complemented by a garage and gated car parking, enhancing its appeal in an urban setting where off-street parking can be hard to come by. For those looking to capitalize on the growing demand for housing or commercial space in this area, this property represents a blank canvas with ample room for creativity and growth. Investors should note the importance of conducting thorough due diligence regarding planning regulations and potential renovation costs. This is an exciting opportunity to breathe new life into a historical building while securing a foothold in a developing neighborhood.

Investment Analysis

(WV14 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (WV14)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 11.2%
5 year growth: 28.2%
Investment Disclaimer: Analysis based on WV14 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

Lichfield Street, Bilston, WV14
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE