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Land At Pipes Meadow, Bilston, West Midlands WV14 - Image 1
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Land At Pipes Meadow, Bilston, West Midlands WV14

West Midlands

£200,000
Listed on 15/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity in the bustling center of Bilston, known for its rich industrial heritage and ongoing revitalization. Currently approved for redevelopment into eight two-bedroom apartments, this site offers significant potential for those looking to make an impactful addition to the local housing market. Strategically positioned between the former Royal Mail sorting office and the Black Country Route, the location is advantageous for attracting future residents. The proximity to highly-rated primary and secondary schools enhances its appeal for families, while convenient access to various local amenities—including healthcare facilities, shops, and transport links—ensures a desirable living environment. The site's transformation from an underutilized space into modern residential units reflects both community needs and contemporary design trends. With planning permission in place and most redevelopment constraints effectively addressed, the groundwork is laid for a thoughtful project that promises to revitalize not just the property itself but also enhance the overall aesthetic of the area. The proposed building will feature a mix of three and two-story layouts covering approximately 530 square feet each, providing a well-considered footprint for future tenants. Furthermore, robust broadband infrastructure supports high-speed internet connections—a critical factor in today’s digital age. Overall, this site stands as a compelling prospect for developers or investors eager to play a role in shaping Bilston's evolving landscape by introducing quality residential options tailored to modern living.

Investment Analysis

(WV14 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (WV14)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 11.2%
5 year growth: 28.2%
Investment Disclaimer: Analysis based on WV14 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

Land At Pipes Meadow, Bilston, West Midlands WV14
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE