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Eldon Court, Eldon Street, Walsall, WS1 2JP

West Midlands

£565,000
Listed on 20/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This freehold office courtyard development, known as Eldon Court, presents a unique opportunity for those looking to invest or renovate in a location with significant potential. The property features five self-contained suites, originally transformed from a Victorian workshop into functional office spaces in 1990. Each suite boasts its own entrance and spans both ground and first floors, totaling approximately 4,711 square feet (437.83 square meters). The layout of the suites varies, offering options from around 802 to 1,045 square feet, making them adaptable for various uses. Each unit is individually metered and equipped with gas-fired central heating and double-glazed windows, providing a solid infrastructure for ongoing use or renovation. There are parking provisions accommodating up to 13 vehicles, adding to the convenience for occupants and visitors alike. Eldon Court is strategically located just half a mile southeast of Walsall Town Centre, within a mixed industrial and residential area that benefits from excellent transport links. The M6 motorway is easily accessible within two miles, connecting to the wider national network and facilitating business operations in Birmingham and Wolverhampton—both major urban centers nearby. While currently utilized as offices, there is considerable potential for alternative uses subject to planning consent. Notably, one of the units has existing approval for educational purposes. This flexibility opens up avenues for residential conversion or other commercial applications, making it an attractive prospect for investors or developers looking to capitalize on the growing demand in the area. The property benefits from typical mains services; however, prospective buyers should conduct their own inspections regarding service functionality as no comprehensive tests have been performed on appliances or systems. With its combination of location advantages and renovation possibilities, Eldon Court stands out as a compelling investment opportunity in a dynamic market.

Investment Analysis

(WS1 area)
Area Average
£196/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (WS1)

Area prices are falling by +12.7% over the last 12 months
3 year growth: 0.3%
5 year growth: 42.1%
Investment Disclaimer: Analysis based on WS1 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

Eldon Court, Eldon Street, Walsall, WS1 2JP
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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
£2,070
Based on a loan of £423,750 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