Proppys
WS3Cannock Chase

Cannock Chase Residential Belt

Cannock Chase Residential Belt investment guide. Average gross yield 4.9%, unknown rental demand.

4.9%avg gross yield
£209kavg sold price (618 sales, 12mo)
Unknownrental demand
Article 4: No· Permitted development applies
Last updated May 2026
Average Gross Yield
4.9%
+4.9% vs Cannock Chase avg (0.0%)
Average Asking Price
£209,302
high confidence (618 sales)
Est. Monthly Rent
£892
2-bed · 3-bed £1,152 · 5.5% yield
Price Per Sq Ft
£245
Estimated Rent by Bedroom Count
Average asking rent and gross yield per bedroom count in WS3
1-bed
£675
per month
4.2% yield
2-bed
£892
per month
5.5% yield
3-bed
£1,152
per month
6.7% yield
4-bed
£1,395
per month
5.6% yield
Ownership mix
WS3 vs UK average · 28,256 dwellings · Source: ONS Census 2021
High social-rent share: 30% socially rented (13pp higher than the UK average of 17%).
Owned outrightNo mortgage on the property
28.8%(UK 32.9%)
-4.1pp vs UK
Owned with mortgageIncluding shared ownership
25.7%(UK 29.7%)
-4.0pp vs UK
Privately rented (BTL)Private landlord or letting agent
15.5%(UK 20.3%)
-4.8pp vs UK
Socially rentedCouncil or housing association
30.0%(UK 17.1%)
+12.9pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Yield by Property Type
Gross yield breakdown across property types in WS3
PropertyData.co.uk
TypeGross YieldAvg PriceAvg Rent/mo
Terraced7.0%£176,923£1,027
Semi-detached6.2%£205,519£1,054
Detached4.3%£300,000£1,066
Flat10.3%£108,972£939

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Live data for each property type across Cannock Chase.

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About Cannock Chase Residential Belt (WS3, Cannock Chase)

WS3 attracts property investors seeking affordable entry points with solid rental yields, particularly in the 3-bedroom segment where gross yields reach 6.7%. At an average asking price of £209,302, the area offers good capital accessibility compared to major UK metropolitan markets, making it suitable for both first-time and portfolio investors.

The tenant profile is predominantly families and professional renters, with 2-bed and 3-bed properties commanding the strongest rental demand and yield performance. The consistency of yields across bedroom sizes (4.2% to 6.7%) suggests a stable, mixed rental market rather than concentration in a single property type.

Investors should note that rental demand data is currently unavailable, which limits confidence in market stability assessments. The 4-bed yield (5.6%) dips below the 3-bed performance, potentially indicating weaker demand for larger properties—a factor worth investigating before purchasing at the top end of the market.

Sold Price Trend - WS3
Average sold price, last 8 quarters
-4.2% over 2 years
Flip Activity - WS3
Same property bought and sold within 18 months, last 24 months
vs prior 24 months
Flips
7
last 24 months
Median uplift*
+56.3%
after HPI adjust
Median hold
10 mo
Flip rate
0.6%
of all sales
Recent case studies
warner road
Terraced
Bought May 25
£155k
Sold Jan 26
£245k
8 mo+55.0%*
Gross 58.1%
kirkstall crescent
Terraced
Bought Aug 24
£120k
Sold Dec 25
£195k
16 mo+51.9%*
Gross 62.5%
chestnut road
Semi
Bought Jul 24
£114k
Sold May 25
£235k
10 mo+96.4%*
Gross 106.1%
croxdene avenue
Terraced
Bought Apr 24
£107k
Sold Oct 24
£200k
7 mo+80.8%*
Gross 86.9%
lichfield road
Flat
Bought Aug 23
£63k
Sold Oct 24
£100k
14 mo+56.3%*
Gross 58.7%
goldsmith road
Terraced
Bought Nov 23
£112k
Sold Sept 24
£176k
10 mo+56.4%*
* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.
Planning & Licensing - WS3
Restrictions that affect HMO and buy-to-let investors in this postcode district
Article 4 Direction (HMO)Not in effect
HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.
Selective LicensingNot in effect
Additional HMO LicensingNot in effect
No Article 4 directions in this LPA. Selective/additional licensing not yet verified.
Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.
Nearby Postcodes
Adjacent areas with comparable investment profiles
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More postcodes in West Midlands
Compare investment profiles across the region. Yields from PropertyData, medians from Land Registry.
B187.3%
Birmingham
Median £160k
ST16.9%
Stoke-on-Trent
Median £113k
CV16.6%
Coventry
Median £160k
B16.3%
Birmingham
Median £208k
B116.3%
Birmingham
Median £193k
B96.1%
Birmingham
Median £185k
B196.0%
Birmingham
Median £180k
WS26.0%
Walsall
Median £164k
CV65.9%
Coventry
Median £206k
ST65.9%
Stoke-on-Trent
Median £130k
B55.8%
Birmingham
Median £174k
B165.8%
Birmingham
Median £221k
Show 41 more postcodes
B125.7%
Birmingham
Median £229k
B155.6%
Birmingham
Median £245k
CV25.6%
Coventry
Median £215k
WV15.6%
Wolverhampton
Median £160k
WV105.3%
Wolverhampton
Median £202k
ST25.0%
Stoke-on-Trent
Median £153k
TF35.0%
Telford
Median £185k
ST44.9%
Stoke-on-Trent
Median £133k
DY24.9%
Dudley
Median £190k
ST34.8%
Stoke-on-Trent
Median £172k
WR44.8%
Worcester
Median £233k
B144.7%
Birmingham
Median £250k
CV34.7%
Coventry
Median £236k
WV24.7%
Wolverhampton
Median £179k
CV54.6%
Coventry
Median £250k
WS14.6%
Walsall
Median £175k
DY14.6%
Dudley
Median £199k
WV44.5%
Wolverhampton
Median £240k
TF24.5%
Telford
Median £210k
B924.3%
Solihull
Median £312k
TF44.3%
Telford
Median £219k
WR14.2%
Worcester
Median £209k
TF14.1%
Telford
Median £205k
B174.0%
Birmingham
Median £319k
WR53.9%
Worcester
Median £272k
DY33.9%
Dudley
Median £244k
HR23.8%
Hereford
Median £262k
WV63.7%
Wolverhampton
Median £243k
HR43.7%
Hereford
Median £264k
B203.6%
Birmingham
Median £227k
WV33.6%
Wolverhampton
Median £235k
WR33.5%
Worcester
Median £280k
HR13.4%
Hereford
Median £295k
B913.2%
Solihull
Median £430k
B933.2%
Solihull
Median £551k
WR22.9%
Worcester
Median £292k
B7
Birmingham
Median £197k
B8
Birmingham
Median £181k
B10
Birmingham
Median £197k
B21
Birmingham
Median £178k
WS5
Walsall
Median £285k
View full West Midlands region guide