Affordable town-centre lot with immediate rental return and renovation potential.
Freehold mid-terrace Victorian with period red-brick features
Let on AST (holding over) producing £7,200pa gross income
For sale by public auction; sold subject to existing tenancy
Small plot with rear yard and garden; stands flush to pavement
Small rooms and low ceilings; limited living space upstairs
Solid brick walls likely uninsulated; retrofit work likely needed
EPC D, double glazing, mains gas central heating (boiler/radiators)
Area classed as deprived; good broadband and nearby schools
This mid-terraced Victorian property on Chuckery Road is offered as a freehold lot at public auction with a guide price of £25,000. Currently let on an assured shorthold tenancy producing a gross income of £7,200pa, it presents as an investment lot or a renovation project for a buyer prepared to work to modernise small, low-ceiling rooms. The sale is subject to the existing tenancy and will complete under auction conditions — bidders should review the legal pack and note the administration fee and exchange obligations.
Built circa 1900–1929 with solid brick walls and double glazing added after 2002, the house benefits from mains gas central heating (boiler and radiators) and an EPC rating of D. Accommodation is straightforward: two reception rooms and kitchen to the ground floor, two bedrooms and bathroom upstairs, with a rear yard and garden. The property sits on a small plot in a densely built area and stands flush to the pavement.
Practical considerations: the building likely lacks wall insulation and has small rooms with low ceilings, so scope for energy improvements and room reconfiguration exists but will add cost. The wider area is classified as deprived with mixed community demographics; local amenities, schools and good broadband are nearby, and crime is average. Viewings are by appointment and carried out at your own risk — some properties may lack electricity during inspection.
For investors seeking immediate rental income at a modest entry price or builders wanting a compact refurbishment in Walsall town, this lot offers clear upside if planned works and tenancy conditions are managed. Important negatives — tenancy in place, compact room sizes, likely insulation works and auction purchase costs — are factual and should be factored into any offer or pre-auction decision.