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Lower Forster Street, Walsall - Image 1
Lower Forster Street, Walsall - Image 2

Lower Forster Street, Walsall

West Midlands

£120,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1296 sqft

Description

This three-bedroom end townhouse offers significant renovation potential, making it an excellent opportunity for investors or developers. Located on the outskirts of Walsall town centre, this property is being sold as a cash purchase only and comes with no onward chain. The house requires comprehensive modernisation throughout but features a solid layout including a dining room, lounge, kitchen area, utility room, bathroom, and three well-sized bedrooms. Additionally, there is a converted loft room that can be leveraged to create additional living space. The ground floor consists of two reception rooms and a practical kitchen which leads to the utility area. Upstairs are the bedrooms and a spacious landing area leading to the loft conversion. Externally, the property includes an enclosed rear garden with gated side access. Given the property's need for refurbishment and strategic location near town amenities, it presents a compelling case for those looking to invest in home improvements or rental opportunities.

Investment Analysis

(WS1 area)

Below Market Value

This property is priced -51.7% below area average per sq ft

-51.7%
Potential saving
This Property
£93/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£273,216
10% above area average per sq ft
Potential ROI
+60.7%
After renovation
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
10%
Properties sold annually

Local Market Trend (WS1)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +13.0%
5 year growth: +48.6%
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

Lower Forster Street, Walsall
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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
£453
Based on a loan of £90,000 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

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