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63 George Street, Walsall, West Midlands WS1 1RS - Image 1
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63 George Street, Walsall, West Midlands WS1 1RS

West Midlands

£75,000Guide Price

Listed on 30/06/2026

Property details

Bedrooms
N/A
Type
Commercial Property

Description

This freehold Grade II Listed commercial unit offers significant renovation and investment potential, ideally located on George Street in the heart of Walsall. The property presents a promising opportunity to develop a mixed-use scheme with commercial space on the ground floor and residential units above, pending necessary planning permissions. Additionally, the option to convert it into an HMO makes it even more attractive for prospective investors. With its prominent position on a bustling pedestrian street, this property benefits from strong visibility and high foot traffic, surrounded by a vibrant mix of retailers, cafes, and professional services. Its close proximity to major transport links ensures convenient access for both staff and customers alike, enhancing its appeal for various business uses such as retail or office operations. Given that this property is situated within a conservation area, any alterations will necessitate listed building consent and careful planning considerations. Prospective buyers should be prepared to conduct thorough independent inquiries regarding intended usage prior to placing bids.

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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 - £120,000
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

63 George Street, Walsall, West Midlands WS1 1RS
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Mortgage calculator

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£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£283
Based on a loan of £56,250 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.

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