19, Crown Lofts, 16, Marsh Street, WALSALL, West Midlands, WS2 9LB

Description

Leasehold studio flat

Accommodation

Studio room open plan to kitchen, bathroom/wc

Location

The property is located on Marsh Street. Shopping amenities are available locally within Walsall Town Centre, with a further range of shops, bars and restaurants in Birmingham City Centre to the south and Wolverhampton City Centre to the west. Public transport links are available at Walsall Train Station to the south, along with local bus services. Road links include the A4148 to the north and the M6 to the west. Recreational pursuits can be found at Reedswood Park to the north west.

Tenure / Property Information

Investment Analysis

Same-building completed sales range from £53,000 to £95,000, with the latest supplied sale at £56,500 on 05/03/2026. Because the comparables are not identified as this specific studio and vary substantially, a cautious evidence-based scenario range is £56,500–£95,000, with £76,000 used as a midpoint estimate. This is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only conditionally after reviewing the legal pack, lease, service-charge and ground-rent details, special conditions, property condition and resale comparability. Do not rely on the midpoint GDV without unit-specific verification.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection only and confirm the condition, heating, parking, service-charge position and any required works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £35,000 guide, the known purchase price plus the £1,800 buyer documentation fee is £36,800 before any seller fees, refurbishment, finance and other costs. A 75% refinance against the £76,000 midpoint GDV would be £57,000, but actual cash left in cannot be calculated without works, service charges, seller fees and other costs.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Annual service charge and ground-rent information are also unavailable, preventing reliable net-cost assessment.

Flip Analysis

The supplied same-building sales support a broad £56,500–£95,000 resale scenario, with £76,000 as the midpoint. A flip surplus cannot be calculated because refurbishment costs, seller fees and potentially applicable completion fees are not supplied.

Investor Risks & Due Diligence

• Comparable sale prices vary materially from £53,000 to £95,000 and are not confirmed as the subject studio.

• No specific rental evidence or passing rent is supplied, so rental yield cannot be established.

• Annual service charge and ground-rent review details require confirmation.

• The seller may charge additional completion fees under the special conditions.

• Property condition, heating and parking arrangements are unconfirmed.

• The lease is stated as having approximately 100 years remaining at the auction date, subject to verification.

Recommendation

Proceed only conditionally after reviewing the legal pack, lease, service-charge and ground-rent details, special conditions, property condition and resale comparability. Do not rely on the midpoint GDV without unit-specific verification.

Strategy Rating

Analysis Confidence

There are several completed sales in the same building, but they are not confirmed as the subject unit and show a wide range. Rent, condition, service charge, ground-rent review details, seller fees and other project costs are unavailable.