Summary - 86-88, LOWER LICHFIELD STREET WV13 1QE
1 bed 1 bath Commercial Property
**Key Features:**
- Auction Date: July 31, 2025
- Price: £50,000 (freehold)
- **Location**: Prime urban area near Willenhall town center
- **Type**: Derelict Victorian commercial property with high redevelopment potential to residential use (subject to planning)
- **Size**: Decent plot size with extensive floor area across three stories
- **Condition**: Requires complete renovation (uninhabitable condition)
- **Local Amenities**: Close to public transport links, schools, and various local shops and services
- **Internet & Mobile**: Fast broadband and excellent mobile reception
This Victorian commercial property is a unique investment opportunity perfectly poised for redevelopment in a vibrant urban location near Willenhall's town center. With significant space across three floors, this property offers the flexibility to convert to residential use, making it ideal for investors or first-time buyers looking for a project. While the condition is currently derelict, with cracked walls and boarded windows needing extensive renovation, the favorable location combined with the possibility for change of use creates immense potential for future value appreciation.
The property’s proximity to essential local amenities—including schools, shops, and transportation links—adds to its appeal. However, potential buyers should be aware of the high crime rate in the area and the need for comprehensive repairs before considering it as a living space. With a guide price of £50,000 at auction, this is a compelling opportunity not to be missed, especially for those with a vision to transform and rejuvenate this property to its former glory. As the auction date approaches, interested buyers are encouraged to act quickly—properties with such redevelopment potential are rare!
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