Summary - 9 HOLDEN CRESCENT WALSALL WS3 1PY
1 bed 1 bath Maisonette
Low-entry auction lot for cash buyers or hands-on investors seeking refurbishment potential.
Vacant ground-floor one-bedroom maisonette, approx 485 sq ft
Double glazing present but install date unknown
Lease has c.47 years remaining — mortgage lenders likely to refuse
Sold at public auction; pre-registration and legal pack review required
Heating via electric room heaters; EPC rating E (higher running costs)
Situated in a very deprived area with a high local crime rate
Communal gardens and small foregarden; end-terrace built 1983–1990
Administration fee of £2,340 plus any additional legal costs on completion
A vacant ground-floor one-bedroom maisonette offered for sale by public auction. The property extends to about 485 sq ft, benefits from double glazing, and includes a foregarden with access to communal gardens. It is being sold with vacant possession and would suit a cash buyer or investor prepared for short-lease considerations.
Important legal and physical drawbacks are clear: the lease has approximately 47 years remaining, which will likely prevent mortgage lenders from offering standard finance. Heating is by electric room heaters and the EPC is rated E, so expect higher running costs and potential investment in heating and insulation. The property sits in a very deprived area with a high local crime rate, which will influence rental demand and future resale value.
For an investor or buyer who accepts risk, there is straightforward refurbishment potential—simple modernisation, heating upgrade and cosmetic works could add value. The lot will be sold at auction, so bidders must read the legal pack, pre-register and allow for the administration fee and any extra costs set out in the special conditions. Viewings are pre-scheduled in the run-up to the auction.
This is a clear opportunity for someone seeking a low entry price into Walsall who can buy with cash or arrange specialist lending, perform essential repairs and manage letting or resale with awareness of the area’s challenges.
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