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Wallows Road, Brierley Hill

West Midlands

£169,000

Listed on 05/07/2026

Property details

Bedrooms
N/A
Type
Shop
Area
1152 sqft

Description

This mixed-use property presents a unique investment opportunity, consisting of a well-maintained one-bedroom flat on the first floor, a spacious ground floor commercial unit, and a large basement that holds significant conversion potential (subject to planning permission). Additionally, there is land adjacent to the property that could provide further rental income. The first floor flat is currently let at £500 per month, with potential market rent estimated at approximately £625 per month. The commercial unit, previously used as a nail bar, boasts excellent visibility and secure access, with an estimated rental value between £700 and £750 per month. The basement area offers room for expansion or storage possibilities and could be converted into a self-contained flat with an estimated rental income of £600 to £650 if developed. This property not only generates immediate revenue but also provides substantial scope for future enhancements and multiple income streams, making it an attractive option for both investors and owner-occupiers seeking flexibility in their investment strategy.

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Investment analysis

(DY5 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£147/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£312,111
10% above area average per sq ft
Potential ROI
+42.5%
After renovation
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
14%
Properties sold annually

Local Market Trend (DY5)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +4.7%
5 year growth: +19.7%
Investment Disclaimer: Analysis based on DY5 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

Wallows Road, Brierley Hill
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£638
Based on a loan of £126,750 over 30 years at 4.45% 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-15.5% since listed
£169,000£16,000(-8.6%)
04/07/2026
Current price
£185,000£14,950(-7.5%)
02/04/2026
£199,950Initial listing
13/02/2026

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