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See how verdicts work2-bed HMO + 12-bed HMO · WV13 2NR
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary "A former public house conveniently located for local shopping areas with planning permission granted for change of use to 12 bedroom HMO (split 6 bedrooms each) with gated parking to rear" This two storey building requires viewing to fully appreciate the potential.
Offered for sale with no chain.
Description Connells Award Winning Estate Agents in Wolverhampton is offering for sale an interesting chain free detached former public house conveniently located for Willenhall Shopping Centres.
Connells recommend taking Solicitors, Surveyors and local planning advice before confirming the purchase of this property.
Viewing is via Connells Wolverhampton, please see floor plans provided The current owner is selling this interesting dwelling with planning permission for two units with total of 12 HMO's split 6 bedrooms in each, a selection of shared facilities and off road parking to rear.
Please check the Walsall Council web site regarding planning. The Location & Area Situated in Gomer Street West conveniently located for the Black Country route with links to the M6 motorway.
Popular shopping, doctors, dentists, public houses and eateries as well as local schools.
Wednesfield shopping centre and Bentley Bridge retail park along with New Cross hospital are relatively close by.
Planning Permission The current owner advisers Connells that planning permissions was granted by Walsall Council for the change of use from the Public House to a 12 bedroom HMO, split into 2 units with shared facilities and rear parking area.
Please note Solicitors, Surveyors and PLanning Advice before incurring any costs.
Agents Note The property has no lighting, therefore any viewer are entering the property at their own risks, due to hazards. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Falcon Inn, Gomer Street West, Willenhall
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