Ready for re-letting or redevelopment with rear-plot potential (STP).
Prominent corner retail with roadside visibility and separate flat access
This prominent corner mixed-use property offers a straightforward income stream and immediate scope for value-add. The ground-floor retail unit is currently let as an off-licence and grocery, while a self-contained two-bedroom flat above is vacant and ready for occupation or re-letting. A garage and rear land increase the site’s development potential, subject to planning permission.
For an investor, the site’s clear strengths are its roadside visibility, separate flat entrance, and proximity to Wolverhampton and Bilston centres with good road links to the M5/M6. The property produces a current income of £7,200 per annum and sits on an overall footprint of approximately 1,478 sq ft, providing multiple short-to-medium-term strategies: re-let the flat, restructure the commercial lease, or pursue rear-plot development (STP).
Buyers should note material constraints factually. The current income is modest relative to the guide price of around £315,000, and any redevelopment relies on securing planning permission. The local area is classified as very deprived and hampered neighbourhoods, which can affect tenant mix and rental growth. EPCs indicate D ratings for both units (commercial D97; flat D61), so energy improvements may be needed to meet future standards and improve lettability.
In summary, this is a hands-on investment suitable for a buyer seeking active asset management and redevelopment upside. It will particularly suit investors or owner-occupiers who can manage tenancy, minor refurbishment, and a planning application to realise additional value.
Mixed use property for sale in Merridale Rd-12 x Flats and 7 x Commercial Units, Wolverhampton, WV3 — £2,900,000 • 1 bed • 1 bath
Commercial property for sale in 79 Darlington Street, Wolverhampton, West Midlands, WV1 4JD, WV1 — £325,000 • 1 bed • 1 bath • 3290 ft²
Land for sale in 413 Newhampton Road West, Whitmore Reans, Wolverhampton, West Midlands, WV6 0RX, WV6 — £200,000 • 1 bed • 1 bath • 20473 ft²
Mixed use property for sale in 504/504a Stafford Road, Wolverhampton, West Midlands, WV10 6AN, WV10 — £150,000 • 1 bed • 1 bath • 549 ft²
High street retail property for sale in Unit 2, 57 Liskeard Road, Walsall, West Midlands, WS5 3EY, WS5 — £255,000 • 1 bed • 1 bath • 682 ft²
Commercial property for sale in Stafford Road, Wolverhampton, West Midlands, WV10 — £1,200,000 • 1 bed • 1 bath • 12567 ft²


















