We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · WS1 2DX
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Middle Terrace in a sought after location having excellent local amenities and transport links.
Being sold with No Upward Chain Briefly comprises: Through Lounge, Kitchen, Three Bedrooms, Ground Floor Shower Room and Rear Garden.
16 TONG STREET, WALSALL Spacious Middle Terrace in a sought after location having excellent local amenities and transport links.
Being sold with No Upward Chain Briefly comprises: Through Lounge, Kitchen, Three Bedrooms, Ground Floor Shower Room and Rear Garden.
PORCH Having upvc entrance door and upvc double glazed windows.
THROUGH LOUNGE LOUNGE AREA 3.66m x 4.14m (12' 0" x 13' 7") Having upvc entrance door, upvc double glazed square bay window to front, ceiling light point, radiator, fireplace surround with gas fire and archway to: DINING AREA 3.66m x 3.41m (12' 0" x 11' 2") Having upvc double glazed window to rear, ceiling light point and radiator.
LOBBY Having ceiling light point, under stairs store cupboard and stairs off to first floor.
KITCHEN 2.21m x 3.04m (7' 3" x 10' 0") Having inset stainless steel sink, wall, base and drawer cupboards, roll top working surfaces, tiled splashback surrounds, gas cooker point, appliance space, ceiling light point, radiator, tiled floor and upvc double glazed window to side.
REAR LOBBY Having airing cupboard, tiled floor, and upvc door to side.
GROUND FLOOR SHOWER ROOM Having shower cubicle with fitted shower unit, wash hand basin with vanity unit under, low level WC, fully tiled walls, ceiling light point, radiator, tiled floor, extractor fan and upvc double glazed window to side and rear.
SIDE VERANDAH 1.30m x 7.53m (4' 3" x 24' 8") Having appliance space, plumbing for automatic washing machine, wash hand basin, light point, radiator, upvc door to rear garden.
FIRST FLOOR LANDING Having upvc double glazed window to side, two ceiling light points, radiator, loft hatch and airing cupboard housing central heating boiler.
BEDROOM ONE 3.45m x 3.68m (11' 4" x 12' 1") Having upvc double glazed window to front, ceiling light point and radiator.
BEDROOM TWO 2.63m x 3.42m (8' 8" x 11' 3") Having upvc double glazed window to rear, ceiling light point and radiator.
BEDROOM THREE 2.20m x 3.04m (7' 3" x 10' 0") Having upvc double glazed window to rear, ceiling light point and radiator. OUTSIDE FRONT Fore with pathway to front door.
REAR Having patio area, lawn and timber garden shed. SERVICES Company water, gas, electricity and mains drainage are available at the property.
Please note, however, that no tests have been applied in respect of any services or appliances.
TENURE We are informed that the property is FREEHOLD although we have not had sight of the Title Deeds to verify this and confirmation will be forthcoming from the vendor’s solicitors during pre-contract enquiries.
FIXTURES & FITTINGS Items in the nature of fixtures and fittings are excluded unless mentioned herein.
COUNCIL TAX We understand from that the property is listed under Council Tax Band A with Walsall Council. VIEWING By application to the Selling Agents on .
LS/15/04/26 © FRASER WOOD 2026 IDENTIFICATION CHECKS Should a purchaser have an offer accepted on a property marketed by Fraser Wood Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third-party service to verify your identity.
The cost of these checks is £36 (including VAT) for each purchaser and any giftors contributing funds.
This fee is paid in advance when an offer is agreed, and prior to a sales memorandum being issued. Please note that this charge is non-refundable.
NOTICE FOR PEOPLE VIEWING PROPERTIES Please note that all parties viewing the property do so at their own risk and neither the vendor nor the Agent accept any responsibility or liability as a result of any such viewing.
We endeavour to ensure that our sales details are accurate and reliable, but if there is any point which is of particular importance to you, then please contact the office and we will be happy to check the information.
Do so particularly if you are contemplating travelling some distance to view the property.
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
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 16, Tong Street, Walsall, WS1
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