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See how verdicts workCommercial property · WV1 4LR
For saleListed 3 daysAuction 11 Nov · in 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Commercial Development
Auction House Birmingham are proud to present this former brass foundry and ironmongers, offering investors and developers the opportunity to explore a new future for a distinctive piece of Wolverhampton’s industrial heritage.
Historically associated with William Evans, Son & Co., the site’s manufacturing roots extend back to around 1854, with the present building believed to date from around 1870.
The company’s activities included brass founding and lock manufacturing, followed by its longstanding role as an ironmongers and builders’ merchant.
Council heritage records describe the property as a rare surviving example of a nineteenth-century industrial complex within the City, a compelling story for an investor seeking a project with its own identity.
The property requires complete improvement and refurbishment throughout, presenting a substantial project for purchasers experienced in restoring and adapting older buildings.
Its history could become a central feature of a sympathetic refurbishment, giving future accommodation a distinctive connection to Wolverhampton’s manufacturing past.
Investors may wish to investigate options such as refurbished commercial premises, studios or workspace, or whether residential accommodation or a mixed-use arrangement could be achievable.
These are illustrative ideas only, subject to the building’s suitability, structural assessment, financial viability and all necessary planning permissions, building regulations approvals and other relevant consents.
No feasibility assessment or approval for these suggestions is implied.
We are advised that the front of the building lies within a conservation area, while published council records also identify the property as locally listed.
Its heritage therefore offers both a marketing identity and an important consideration for any proposed works.
Purchasers should establish the extent of the designations and applicable requirements directly with the local authority.
Please contact us at Auction House Birmingham for any enquiries.
Tenure
Freehold
Ground Floor
Main Workshop
9.60m x 16.41m
Storage 1
2.45m x 2.46m
Storage
2: 1.94m x 2.52m
WC
2.84m x 1.3m
Storage 3
4.00m x 4.41m
Goods Entry
9.22m x 17.4m
Front Entrance / Workshop Space
5.93m x 13.92m
Workshop 1
4.82m x 13.65m
Storage 1
5.37m x 3.84m
Energy Efficiency Rating (EPC)
Current Rating TBC
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Wolverhampton City Council
Solicitors
Clarkes Solicitors, Ref: Clarkes Solicitors
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - 1% PLUS VAT
Administration Charge - £2040 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs
FAQ
About 7 School Street , Wolverhampton, West Midlands WV1 4LR
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