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Mixed Use Development/Investment Property, The Shambles, Wednesbury, WS10 7HD - Image 1
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Mixed Use Development/Investment Property, The Shambles, Wednesbury, WS10 7HD

West Midlands

£130,000
Listed on 27/04/2026

Property Details

Bedrooms
N/A
Type
Mixed Use

Description

This three-storey mixed-use property offers a unique opportunity for investors looking to capitalize on its renovation potential. Originally constructed from cavity brick, the building has seen partial development but requires comprehensive refurbishment to reach completion. Located in Wednesbury Town Centre, the property sits adjacent to a public car park, enhancing its accessibility and appeal for future tenants. The approved planning consent allows for two retail units on the ground floor, paired with two residential apartments on the upper floors, making this an attractive investment prospect. With proper renovations, this property can provide multiple income streams once operational. Interested parties should verify relevant planning statuses and compliance before proceeding. The ground floor comprises two retail spaces designed for trade, while the upper levels feature well-laid-out apartments ideal for modern living. This investment not only promises potential profitability but also allows for involvement in shaping a valuable community asset. Legal documents are available upon request.

Investment Analysis

(WS10 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.6%

Renovation Potential

Heavy 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
24
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WS10)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +6.8%
5 year growth: +26.8%
Investment Disclaimer: Analysis based on WS10 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

Mixed Use Development/Investment Property, The Shambles, Wednesbury, WS10 7HD
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,500 over 30 years at 3.91% 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.

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