Sold STC Bungalow

23 GORWAY ROAD

WALSALL, WEST MIDLANDS WS1 3BE

4 beds Listed 23 Jul 2008 (-6548d)

£424,950

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Property details

Last sold

£390,000 Nov 2010

Local average

£369,938 (+14.9%)

Deprivation

Decile 7 (23,025 of 33,755)

Street crime

494 incidents within 1 mile (Apr 2026)

Key features

  • GAS CENTRAL HEATING and DOUBLE GLAZING
  • RECEPTION HALL
  • THREE RECEPTION ROOMS
  • FITTED BREAKFAST ROOM/KITCHEN with hob and oven
  • MAGNIFICENT FAMILY ROOM/STUDIO with GUEST W.C. off
  • ADDITIONAL STUDY/STORES AREA
  • THREE GOOD SIZE BEDROOMS
  • SHOWER ROOM with w.c.
  • MATURE FOREGARDEN with EXTENSIVE TARMACADAM DRIVEWAY

Additional details

Parking
Yes
Garden
Yes

Description

This detached bungalow is located in one of the most highly regarded residential areas of the Borough of Walsall, convenient for all amenities including Walsall Cricket, Rugby and Golf Clubs and Walsall Town Centre.
The spaciously proportioned accommodation can only be fully appreciated from an internal inspection and includes a quite magnificent family room/sitting room at the rear, which could alternatively be used as a games room/entertainment room.
The property affords additional potential for a loft conversion and/or further extension, subject to necessary building and planning regulations, which would then provide a magnificently proportioned, distinctive detached family residence.
Standing in grounds extending to approximately 1/3 of an acre, it briefly comprises the following:- (all measurements approximate)
BUNGALOW
RECEPTION HALL with wooden flooring, covered hot water radiator, coved ceiling and with loft access.
REAR DINING ROOM 5.97m x 3.45m (19' 7" x 11' 4") with wooden flooring, hot water radiator, coved ceiling, wall light point and double glazed patio doors opening to the rear garden.
SECOND SITTING ROOM/BEDROOM NO 4 (Rear) 4.27m x 4.42m (14' x 14' 6") with UPVC double glazed window, picture rail, wooden surround fireplace with tiled hearth and inset, gas fire point and hot water radiator.
REAR LOUNGE 6.10m  into bay x 3.66m (20' x 12') having as its focal point a feature wooden fireplace with tiled hearth and inset with coal effect gas fire, UPVC double glazed bay window, two wall light points, beamed ceiling, hot water radiator and laminate wood flooring.
 BREAKFAST ROOM/KITCHEN 4.95m x 3.66m (16' 3" x 12') comprising:
BREAKFAST AREA with UPVC double glazed leaded window and laminate wood flooring.
KITCHEN AREA with a full range of fitted base and wall cupboards, work surfaces with ceramic tiled splashbacks, inset sink unit with mixer tap above, integrated gas hob with extractor fan above, single electric oven, plumbing for automatic washing machine and with access to the garage area, from which access is gained to the:
MAGNIFICENT FAMILY ROOM/STUDIO 7.19m x 6.40m (23' 7" x 21') plus additional 1.52m x 4.67m (5' x 15' 4") with two double panel hot water radiators, wooden flooring, two UPVC double glazed windows and French doors opening to the rear garden.
GUEST W.C. off.
ADDITIONAL STUDY/STORES AREA 5.06m x 1.75m (16' 7" x 5' 9") with hot water radiator.
BEDROOM ACCOMMODATION off the main Hallway, comprising:
BEDROOM NO 1 (Front) 5.26m x 2.95m (17'3 " x 9' 8") with UPVC double glazed leaded window, hot water radiator, coved ceiling and picture rail.
BEDROOM NO 2 (Side) 4.27m x 3.96m (14' x 13') with hot water radiator, UPVC double glazed window, coved ceiling, wooden flooring and three built-in double wardrobes with cupboard storage above.
BEDROOM NO 3 (Side) 3.05m x 3.73m (10' x 12' 3") with UPVC double glazed window, hot water radiator, coved ceiling and picture rail.
SHOWER ROOM with corner shower cubicle with "Gainsborough" shower fitment, w.c., pedestal wash hand basin, hot water radiator, two UPVC double glazed windows and coved ceiling.
OUTSIDE
MATURE FOREGARDEN with lawn, borders, mature trees and an EXTENSIVE TARMACADAM DRIVEWAY leading to the:
SIDE GARAGE 5.13m x 2.82m (16' 10" x 9' 3") with up-and-over entrance door, concrete flooring and with SEPARATE CENTRAL HEATING BOILER STORE off.
ENCLOSED REAR GARDEN with large paved patio area leading to mature lawn with borders.
SERVICES
Company water, gas, electricity and mains drainage are available at the property.   Please note, however, that no tests have been applied in respect of any services or appliances.
TENURE
We are informed by the Vendors that the property is FREEHOLD although we have not had sight of the Title Deeds for confirmation and prospective purchasers are advised to clarify the position via their Solicitors.
FIXTURES & FITTINGS
Items in the nature of fixtures and fittings are excluded unless mentioned herein.
COUNCIL TAX
We understand from www.voa.gov.uk that the property is currently listed under Council Tax Band F.
VIEWING
By application to the Selling Agents on 01922 627686.
AP/DBH/30/07/10
FRASER WOOD (MIDLANDS) LIMITED CAN INTRODUCE YOU TO TONY SHARIF, MORTGAGE ADVISER, FOR FINANCIAL PLANNING AND MORTGAGE ADVICE. Tony Sharif is an Appointed Representative of Openwork Limited which is authorised and regulated by the Financial Services Authority. Openwork Limited offers investment and insurance advice on products from a limited number of product providers and advice on mortgages representative of the whole market. Our fee for this service may be between 0% to 1% of the loan amount depending on your circumstances. Tony can be contacted via the Walsall Office on 01922 707517 or 07973 117941.



YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.



NOTE: We endeavour to ensure that our sales details are accurate and reliable, but if there is any point which is of particular importance to you, then please contact the office and we will be happy to check the information. Do so particularly if you are contemplating travelling some distance to view the property.



© FRASER WOOD 2010

Listed by

Walsall

Fraser Wood

Reference: 18697282

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Price history

Event Date Price % change
Sold 05/11/2010 (15 years ago) £390,000

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
87 BELVIDERE ROAD, WALSALL, WEST MIDLANDS, WS1 3AU £765,000 16/12/2025 Detached
12 HIGHGATE CLOSE, WALSALL, WEST MIDLANDS, WS1 3JD £298,000 28/02/2025 Detached
5 GORWAY GARDENS, WALSALL, WEST MIDLANDS, WS1 3BJ £560,000 13/11/2023 Detached
9 GORWAY GARDENS, WALSALL, WEST MIDLANDS, WS1 3BJ £522,500 14/06/2023 Detached
15 ST CATHARINES CLOSE, WALSALL, WEST MIDLANDS, WS1 3TE £440,000 19/10/2022 Detached
5 JESSON ROAD, WALSALL, WEST MIDLANDS, WS1 3AY £895,000 03/08/2022 Detached
19 GORWAY GARDENS, WALSALL, WEST MIDLANDS, WS1 3BJ £510,000 28/07/2022 Detached
Same street 35A GORWAY ROAD, WALSALL, WEST MIDLANDS, WS1 3BE £625,000 13/05/2022 Detached
89 BELVIDERE ROAD, WALSALL, WEST MIDLANDS, WS1 3AU £425,500 24/01/2022 Detached
87 FOLLYHOUSE LANE, WALSALL, WEST MIDLANDS, WS1 3EL £300,000 06/12/2021 Detached
7 JESSON ROAD, WALSALL, WEST MIDLANDS, WS1 3AY £950,000 22/10/2021 Detached
64 HIGHGATE ROAD, WALSALL, WEST MIDLANDS, WS1 3JE £775,000 16/08/2021 Detached
8 ST CATHARINES CLOSE, WALSALL, WEST MIDLANDS, WS1 3TE £470,000 30/06/2021 Detached

Street average: £625,000 (1 sale)

Area average: £575,917 (12 sales)

Capital growth trend

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

5y growth -12.1%
10y growth 90.1%

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

1y (index) 1.8%
5y (index) 22.2%
10y (index) 59.7%

Rental Range

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

Low £817/mo
Realistic £908/mo
Optimistic £999/mo

Based on Local Authority from postcode lookup → Walsall.

LHA (30th percentile) floor for Black Country: £922/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Delves Rd / Highgate Drive 0.2 miles
Shop Palm Medical 0.4 miles
Shop The Exhaust Place 0.5 miles
Train station Walsall 0.9 miles
Train station Bescot Stadium 1.1 miles
University Maryvale Institute 3.8 miles
Hospital Bilston Street Surgery 6.6 miles
University University of Wolverhampton 6.6 miles
Hospital krishna pemmaraju 8.5 miles

Street-level crime

Category Count
Violence and sexual offences 183
Shoplifting 96
Vehicle crime 32
Public order 30
Criminal damage and arson 29
Drugs 29
Burglary 23
Other theft 21
Anti-social behaviour 11
Possession of weapons 11
Other crime 10
Robbery 10
Theft from the person 8
Bicycle theft 1
Total incidents 494

Within 1 mile during Apr 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
St Mary's The Mount Catholic Primary School Primary 0.2 miles Outstanding — 11 Nov 2013
Whitehall Junior Community School Primary 0.2 miles Good — 8 Dec 2022
Whitehall Nursery and Infant School Primary 0.3 miles Outstanding — 13 Jan 2015
Queen Mary's Grammar School Secondary 0.3 miles Outstanding — 22 May 2023
Mayfield Preparatory School Other 0.4 miles (No rating)

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
4 Bed Terraced House, Weston St, WS1 £100/mo 4 0.37 miles OpenRent

Average rent: £100/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.02%
Max investor price (0.8%) £12,500
Target investor price (1%) £10,000
Gross yield 0.3%
Cost-to-rent ratio 354.1×
Monthly cashflow £-1,608/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -15.7%
  • 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).