Walsall is well-situated in the centre of the West Midlands. The town is less than ten miles from Birmingham, Wolverhampton, West Bromwich and Lichfield. As such, it serves as a potential property market for people willing to commute to those areas and save on rental costs.
Walsall sits on the M6 motorway, providing access to other parts of England. It also has several train stations, allowing commuters to reach the rest of the West Midlands easily.
Commuters can reach London from Walsall in under three hours by car and just over two hours by train, with a short stop at Birmingham New Street.
Walsall is also situated in close proximity to the University Of Wolverhampton, making the area a strong choice for those interested in student investment property.
Walsall Council has come up with a 20-year master plan for improving the town centre. The council intends to make the town one of the healthiest town centres in the country, promoting a bustling economy, a stronger rental market, and better local amenities. The master plan aims to improve living standards and provide more leisure activities and nightlife.
Walsall benefits from the Black Country Enterprise Zone, which attracts new industries and jobs to the town. The zone looks to boost the advanced engineering and manufacturing sectors and produce components for logistics and environment technologies.
The Phoenix 10 scheme also intends to bring over 40 acres of disused wasteland back into use on the M6. The scheme is hoped to result in a modern industrial and business park providing over 1,000 jobs.
These development plans may help Walsall become a more enticing property investment opportunity in the future.