Summary - 186, Pargeter Street, WALSALL WS2 8QS
2 bed 1 bath Terraced
Low-cost project with clear refurbishment potential close to local schools and transport.
Freehold mid-terrace with Victorian period features
A compact two-bedroom mid-terrace offered freehold, presented as a clear refurbishment project and aimed at investors or hands-on buyers. The layout includes two reception rooms, a rear kitchen, bathroom and a small rear garden; internal footprint is small-to-average across two storeys (approx. 626 sq ft).
This property will be sold through a Modern Auction method and is subject to an undisclosed reserve price. Bidders should allow for the buyer’s reservation fee (4.5% of the purchase price, minimum £6,600 including VAT) plus the costs of the buyer information pack and standard auction completion timescales (completion within 56 days). Conduct full due diligence before bidding — documents may not disclose every detail.
Key positives include freehold tenure, Victorian period character externally, fast broadband and excellent mobile signal, and proximity to local schools, buses and amenities. Material negatives: the house requires full refurbishment/modernisation, sits in a very high crime and very deprived area, has no off-street parking, and auction sale adds non-refundable fees and contractual timescales to the purchase cost.
For investors this is a value-led opportunity to refurbish and re-let or resell; for an owner-occupier with renovation experience it offers a low-entry purchase price but requires immediate spend and careful budgeting for works and statutory checks.
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