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Planning for 14 Flats & Commercial... Mixed use for sale
Planning for 14 Flats & Commercial Space, Walsall, WS1
£799,999
Planning for 14 Flats & Commercial Space, Walsall, WS1
£799,999
Our Summary
- The OPA are pleased to present this exciting opportunity to acquire a substantial freehold property in the heart of Walsall, benefitting from prior approval for conversion into 14 self contained residential units
- 263 acres, making it an ideal asset for developers and investors looking to capitalise on the strong rental market and ongoing regeneration in the area
- This flexible space presents further income potential or alternative use options, subject to planning
- This is a rare chance to secure a freehold block with planning already in place, strong fundamentals, and scope for significant capital and rental growth
- Confirm existence and nature of any known planning or proposals for development
- Prior approval for conversion of existing use class E(g) property to form 10no
- Exceptional Conversion Opportunity – Prime Freehold Block in Central Walsall
- Former Office Block With Planning For 14 x Self Contained Apartments
- Prior Approval For Conversion of Class E(g) to Form x10
- Walsall Planning Ref: 24/1365
Description
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Here is a summarized version of the property description in a single paragraph without a list:
This impressive four-storey freehold property in Walsall town centre offers a unique investment opportunity, with prior approval for conversion into 14 self-contained residential units. The building, formerly an office block, benefits from a prime location, close to shops, transport links, and local amenities. The approved plans include the transformation of the existing structure into 10 one-bedroom and 4 two-bedroom apartments, with a spacious ground floor commercial unit measuring approximately 2,500 sq ft. The property also boasts a private car park, a rare feature in this busy central location. With a strong rental market and ongoing regeneration in the area, this property presents a rare chance to secure a freehold block with planning already in place, strong fundamentals, and scope for significant capital and rental growth.