2-bedroom house · WS1 2LJ
Under offerReduced £15k (−8.8%) on 25 SepListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
38 Lumley Road, Walsall, West Midlands, WS1 2LJ Occupying a desirable position within a sought-after residential location, this attractive two-bedroom terraced home presents an exceptional opportunity for buyers seeking a property with generous proportions, timeless character and exciting scope to personalise and enhance to their own individual taste.
The accommodation begins with an elegant front reception room, filled with natural light, which flows effortlessly into a spacious second reception room to the rear.
Together, these versatile living spaces provide the perfect setting for both relaxed everyday living and stylish entertaining, while also offering excellent potential for reconfiguration or modernisation to suit contemporary lifestyles.
To the rear of the property, a well-proportioned galley kitchen enjoys views over the garden and offers an excellent footprint for those wishing to create a bespoke kitchen tailored to their own design aspirations.
The first floor comprises two impressively sized double bedrooms, both offering comfortable and flexible accommodation, together with a family bathroom positioned to the rear.
Outside, the private landscaped rear garden provides a peaceful retreat, ideal for outdoor dining, entertaining or simply unwinding.
An adjoining outhouse, located behind the bathroom, offers valuable additional storage and further practical potential.
Combining spacious accommodation with outstanding scope for cosmetic enhancement, this charming home represents a rare opportunity to create a truly individual residence in a well-established and highly regarded location.
Whether you're a first-time buyer, professional couple or investor, 38 Lumley Road offers the perfect canvas on which to create your ideal home.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 38, Lumley Road, Walsall
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