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Lake Avenue, Walsall, WS5 3PA - Image 1
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Lake Avenue, Walsall, WS5 3PA

West Midlands

£875,000
Listed on 13/02/2026

Property Details

Bedrooms
5
Type
Detached house

Description

This spacious five-bedroom detached home, situated on a generous corner plot of approximately 0.23 acres in a desirable area of Walsall, presents a valuable opportunity for buyers seeking a project. The property boasts two large reception rooms, along with a kitchen that includes breakfast and dining areas, perfect for reconfiguration or modernisation. With two en-suite shower rooms and ample living space, there is potential to enhance the current layout or even consider an extension (subject to planning permissions). The in-and-out driveway leads to a double garage and the sizeable rear garden offers outdoor potential as well. Conveniently located near schools and transport links, this property is ideal for those looking to invest in a home they can truly make their own.

Investment Analysis

(WS5 area)
Area Average
£280/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Lake Avenue, Walsall, WS5 3PA
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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
£3,156
Based on a loan of £656,250 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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