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Strettons · 29 Oct 2026 · in 10 days

Freehold part vacant building with three retail units and twelve flats producing £13,800 per annum

144 -147 Lichfield Street, Walsall, Walsall, WS1 1SE · West Midlands

LiveMixed-useFreeholdLet

Freehold part vacant building with three retail units and twelve flats producing £13,800 per annum
Guide
£390,000
Rent a year
£13,800
Yield on the guide
3.5%
Payback
29 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
D
Size
7,848 sq ft£1.76 rent per sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

D from the government EPC register, lodged 12 May 2021 (certificate 9004-1602-5891-0226-0832). Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Strettons' record

Strettons' results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold mixed use lot in Walsall. Producing £13,800 a year, a 3.5% gross yield at the guide.

FREEHOLD PART VACANT BUILDING WITH THREE RETAIL UNITS AND TWELVE FLATS PRODUCING £13,800 PER ANNUM The property a grade II Listed four storey Victorian building, in the town centre of Walsall. It can be reached via the A4148 and Walsall Train Station which is 500m to the south west. The property comprises three retail units and 12 flats (10 one bed and 2 studios) over the upper floors. It is understood to be mostly vacant, and in need of refurbishment. Accommodation: Whilst Strettons have not inspected the property, we understand it comprises:; Shop 1 Ground Floor: Takeaway retail unit 542 Sq Ft (50.4 Sq M); Shop 2 Ground Floor: Central retail unit 502 Sq Ft (46.6 Sq M); Shop 3 Ground Floor: Former Bridal unit 670 Sq Ft (62.2 Sq M); First to Third Floor: 10 One bed flats and 2 studio flats 7,848 Sq Ft (729 Sq M)

Figures come from Strettons' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.