Apartment 63, One, Gallery Square, WALSALL, West Midlands, WS2 8LN

Description

Leasehold penthouse apartment 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 found within Birmingham City Centre lying to the south and Wolverhampton City Centre located to the west. Public transport links are available at Walsall Train Station along with a network of local bus services serving the surrounding areas. The property is served by road links including the A4148 lying to the north and the M6 located to the west. Recreational pursuits can be found at Reedswood Park lying to the north west. Accommodation: Level 2: Reception room open plan to kitchen, balcony Level 1: Two bedrooms with en-suites, reception room, cloakroom/wc Outside: Rear patio, allocated parking EPC Rating: D Council Tax Band: C Lease: Held on a lease at a ground rent of £TBC per annum. To view: 28/8, 5/9 at 12pm No booking required – Please arrive at the time stated

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 found within Birmingham City Centre lying to the south and Wolverhampton City Centre located to the west. Public transport links are available at Walsall Train Station along with a network of local bus services serving the surrounding areas. The property is served by road links including the A4148 lying to the north and the M6 located to the west. Recreational pursuits can be found at Reedswood Park lying to the north west. Accommodation: Level 2: Reception room open plan to kitchen, balcony Level 1: Two bedrooms with en-suites, reception room, cloakroom/wc Outside: Rear patio, allocated parking

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆