Sold STC House

5 SOUTH STREET

WALSALL, WALSALL, WEST MIDLANDS WS1 4HE

2 beds Listed 29 Sep 2007 (-6881d)

£119,950

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# 2 bedroom house for sale (WS1 4HE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 SOUTH STREET, WALSALL, WALSALL, WEST MIDLANDS WS1 4HE |
| Price | £119,950 |
| Bedrooms | 2 |
| Last sold | £116,500 Jan 2008 |

## Description

A well presented and modernised two bedroom end terraced property situated in the popular residential area of Palfrey and conveniently located for shops and amenities. The property benefits from upvc double glazing and briefly comprises of: Entrance Hall, newly fitted Kitchen, Lounge/Dining Room, two Bedrooms, modern upstairs bathroom with a good sized driveway and an enclosed rear garden.

## Property Photos

- ![Front](/listings/photos/15946369/1589376) - Front
- ![Kitchen](/listings/photos/15946369/1589377) - Kitchen
- ![Lounge](/listings/photos/15946369/1589378) - Lounge
- ![Bathroom](/listings/photos/15946369/1589379) - Bathroom
- ![Rear](/listings/photos/15946369/1589380) - Rear
- ![Photo](/listings/photos/15946369/1589381)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 SOUTH STREET, WALSALL, WEST MIDLANDS, WS1 4HE | £116,500 | 28/01/2008 | Terraced |
| 5 SOUTH STREET, WALSALL, WEST MIDLANDS, WS1 4HE | £70,000 | 17/10/2006 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 57 MOUNT STREET, WALSALL, WEST MIDLANDS, WS1 3PL | £120,000 | 20/04/2023 | Other |
| 1A CORPORATION STREET, WALSALL, WEST MIDLANDS, WS1 4HW | £155,000 | 20/12/2022 | Other |
| [Same street] 39 SOUTH STREET, WALSALL, WEST MIDLANDS, WS1 4HE | £120,000 | 21/09/2022 | Terraced |
| 66 - 68 WEDNESBURY ROAD, WALSALL, WEST MIDLANDS, WS1 3RR | £915,000 | 03/08/2022 | Other |
| 66 - 68 WEDNESBURY ROAD, WALSALL, WEST MIDLANDS, WS1 3RR | £1,405,610 | 29/07/2022 | Other |
| WEDNESBURY ROAD SERVICE STATION WEDNESBURY ROAD, WALSALL, WEST MIDLANDS, WS1 4JH | £559,999 | 27/07/2022 | Other |

**Street average:** £120,000 (1 sale)
**Area average:** £631,122 (5 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £450,374 (10 Other, WS1, 2024–2026)
- **Deviation:** -73.4%

## Rental Range

*ONS Price Index of Private Rents (Walsall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £821/mo
- **Realistic:** £912/mo
- **Optimistic:** £1,003/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Black Country (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £623/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Wednesbury Road, WS1 | £1,150/mo | 2 | 0.06 miles | OpenRent |

**Average rent: £1,150/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.96% (okay)
- **Max investor price (0.8%):** £143,750
- **Target investor price (1%):** £115,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,150/mo).*

- **Gross yield:** 11.5%
- **Cost-to-rent:** 8.7×
- **Monthly cashflow:** £538/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -76.5%
- **10y growth:** 44.6%

## House Price Index (HM Land Registry)

*Official index for Walsall; All dwelling types series; as of April 2026.*

- **1y growth (index):** 2.3%
- **5y growth (index):** 22.1%
- **10y growth (index):** 61.1%

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Kitchen Lounge Bathroom Rear Photo 6

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Property details

Last sold

£116,500 Jan 2008

Local average

£450,374 (-73.4%)

Deprivation

Decile 1 (1,783 of 33,755)

Street crime

733 incidents within 1 mile (May 2026)

Key features

A well presented and modernised two bedroom end terrace
upvc DG
Hall
Lounge/Diner
fitted Kitchen
upstairs family bathroom
driveway
front and rear gardens

Description

Listed by

Walsall

Henderson Hynes

Reference: 15946369

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Price history

66% since 2006

Event	Date	Price	% change
Sold	28/01/2008 (18 years ago)	£116,500	+66.4%
Sold	17/10/2006 (19 years ago)	£70,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
57 MOUNT STREET, WALSALL, WEST MIDLANDS, WS1 3PL	£120,000	20/04/2023	Other
1A CORPORATION STREET, WALSALL, WEST MIDLANDS, WS1 4HW	£155,000	20/12/2022	Other
Same street 39 SOUTH STREET, WALSALL, WEST MIDLANDS, WS1 4HE	£120,000	21/09/2022	Terraced
66 - 68 WEDNESBURY ROAD, WALSALL, WEST MIDLANDS, WS1 3RR	£915,000	03/08/2022	Other
66 - 68 WEDNESBURY ROAD, WALSALL, WEST MIDLANDS, WS1 3RR	£1,405,610	29/07/2022	Other
WEDNESBURY ROAD SERVICE STATION WEDNESBURY ROAD, WALSALL, WEST MIDLANDS, WS1 4JH	£559,999	27/07/2022	Other

Street average: £120,000 (1 sale)

Area average: £631,122 (5 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -76.5%

10y growth 44.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Walsall. Series: All dwelling types. As of April 2026.

1y (index) 2.3%

5y (index) 22.1%

10y (index) 61.1%

Rental Range

Estimated market rent for Walsall. Low = conservative, Realistic = average, Optimistic = best case.

Low £821/mo

Realistic £912/mo

Optimistic £1,003/mo

Based on Local Authority from postcode lookup → Walsall.

LHA (30th percentile) floor for Black Country: £623/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View WS1 4HE

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Wednesbury Rd / Corporation St	0.1 miles
Shop	Palm Medical	0.3 miles
Shop	A1 Bottled Gas	0.3 miles
Train station	Walsall	0.5 miles
University	University of Wolverhampton, Walsall Campus	0.8 miles
Train station	Bescot Stadium	1.0 miles
University	Maryvale Institute	4.4 miles
Hospital	Bilston Street Surgery	6.1 miles
Hospital	krishna pemmaraju	7.8 miles

Street-level crime

Category	Count
Violence and sexual offences	278
Shoplifting	120
Vehicle crime	61
Public order	52
Drugs	44
Criminal damage and arson	39
Other theft	34
Burglary	33
Possession of weapons	18
Anti-social behaviour	16
Robbery	16
Theft from the person	13
Other crime	9
Total incidents	733

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Abu Bakr Al-Ihsaan Academy	Other	0.2 miles	Good — 5 May 2022
Palfrey Infant School	Primary	0.2 miles	Requires improvement — 24 Nov 2022
Palfrey Junior School	Primary	0.3 miles	Good — 6 Feb 2022
Caldmore Primary Academy	Primary	0.3 miles	Good — 17 Nov 2019
The Ladder School	Other	0.4 miles	Good — 13 Sep 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Wednesbury Road, WS1	£1,150/mo	2	0.06 miles	OpenRent

Average rent: £1,150/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.96%

Max investor price (0.8%) £143,750

Target investor price (1%) £115,000

Gross yield 11.5%

Cost-to-rent ratio 8.7×

Monthly cashflow £538/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 18.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).