2-bedroom flat · WS5 3NR
Sold STCListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spaciously proportioned first floor maisonette occupies a pleasant position in this popular and sought after residential area of the Borough, being well served by all amenities including public transport services to neighbouring areas and the M6 Motorway at Junction 7 provides ready access to the remainder of the West Midlands conurbation and beyond.
The property is offered to the market with the benefit of no upward chain involved and a long lease with approximately 128 years remaining.
22 WALSTEAD CLOSE, WALSALL This spaciously proportioned first floor maisonette occupies a pleasant position in this popular and sought after residential area of the Borough, being well served by all amenities including public transport services to neighbouring areas and the M6 Motorway at Junction 7 provides ready access to the remainder of the West Midlands conurbation and beyond.
The property is offered to the market with the benefit of no upward chain involved and a long lease with approximately 128 years remaining.
Viewing is highly recommended to fully appreciate the accommodation, which briefly comprises the following:- (all measurements approximate) RECEPTION HALL with entrance door, ceiling light point and stairs to first floor.
LANDING having UPVC double glazed window to front, two wall light points, loft hatch and built-in storage cupboard.
LOUNGE 5.26m maximum x 4.33m (17' 3" x 14' 2") having two UPVC double glazed windows to rear, two ceiling light points, central heating radiator and gas fire.
KITCHEN 3.92m x 2.44m (12' 10" x 8' 0") having inset stainless steel sink unit, wall, base and drawer cupboards, roll top work surfaces, tiled splash back surrounds, gas cooker point, appliance space, ceiling light point, central heating radiator and UPVC double glazed window to front.
INNER LOBBY having ceiling light point and built-in storage cupboard housing the central heating boiler.
BEDROOM NO 1 4.34m x 3.09m (14' 3" x 10' 2") having UPVC double glazed window to rear, ceiling light point, central heating radiator and built-in wardrobe.
BEDROOM NO 2 3.92m x 3.05m (12' 10" x 10' 0") having UPVC double glazed window to front, ceiling light point, central heating radiator and built-in wardrobe.
BATHROOM having white suite comprising bath with fitted shower unit, pedestal wash hand basin, fully tiled walls, ceiling light point, central heating radiator, airing cupboard and UPVC double glazed window to front.
SERPARATE W.C. having low flush w.c., ceiling light point and UPVC double glazed window to front. OUTSIDE FRONT PATHWAY providing access to front door.
SMALL TRIANGULAR REAR GARDEN which is currently overgrown. 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 understand that the property is leasehold for a term of 146 years 13 May 2008 (approximately 128 years remaining) at a ground rent of £26 per annum, although we have not had sight of the Title Deeds for confirmation and prospective purchasers are advised to clarify the position via their solicitors.
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 B with Walsall Council. VIEWING By application to the Selling Agents on .
LS/DBH/22/04/26 © FRASER WOOD 2026.
MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in providing this, in order that there will be no delay in agreeing a sale.
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
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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.
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About Walstead Close, Walsall, WS5
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