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40 Bed Hotel Conversion Opportunity, Walsall WS1 - Image 1
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40 Bed Hotel Conversion Opportunity, Walsall WS1

West Midlands

£399,999
Listed on 15/01/2026

Property Details

Bedrooms
40
Type
Detached house

Description

This property presents a significant investment opportunity situated in Walsall Town Centre. Previously utilized as office space and a medical surgery, it occupies an approximate 0.24-acre rectangular site. With granted planning permission for conversion into a 40-bed budget hotel, the building’s versatile layout is ideal for redevelopment or repurposing to meet various usage demands such as residential or mixed-use schemes. The flexible internal configuration allows for numerous possibilities, making it a prime candidate for further transformation or expansion through additional construction work, including two-storey extensions and enhancements to the façade with dormer windows. Its central location benefits from proximity to local amenities and transport networks, presenting a compelling prospect in a thriving commercial area.

Investment Analysis

(WS1 area)
Area Average
£189/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £900,000
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
24%
Properties sold annually

Local Market Trend (WS1)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +9.3%
5 year growth: +47.0%
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

40 Bed Hotel Conversion Opportunity, Walsall WS1
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Mortgage Calculator

£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £299,999 over 30 years at 4.06% 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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