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Detached Commercial Premises With Planning for 5 Flats, Walsall, WS1 - Image 1
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Detached Commercial Premises With Planning for 5 Flats, Walsall, WS1

West Midlands

£225,000

Listed on 26/06/2026

Property details

Bedrooms
N/A
Type
Not Specified

Description

This vacant freehold commercial property offers a promising investment opportunity situated near Walsall town centre. Spanning three stories, the building's layout includes a variety of office spaces, kitchen facilities, and separate male and female WC amenities across the ground and first floors, along with additional storage on the second floor. With approved planning permission for conversion into five one-bedroom apartments, this structure presents excellent potential for residential development or alternative uses such as a nursery or medical facility, pending necessary planning permissions. The property features a driveway leading to an enclosed rear car park, accommodating approximately eight vehicles. The location boasts a vibrant mix of residential, office, and commercial properties within walking distance to Walsall's main shopping area, making it an attractive site for development or continued commercial use. Investors looking for renovation projects will find ample scope to modernize while capitalizing on increasing demand for housing in this area.

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Investment analysis

(WS1 area)
Area Average
£192/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WS1)

Area prices are rising by +5.0% over the last 12 months
3 year growth: +14.1%
5 year growth: +46.9%
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

Detached Commercial Premises With Planning for 5 Flats, Walsall, WS1
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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
£850
Based on a loan of £168,750 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

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