Back to the blogs list

My BTL Deal of the Week Yielding 6.24% is Set to Entice #Walsall Landlords?

My BTL Deal of the Week Yielding 6.24% is Set to Entice #Walsall Landlords?

A decently sized property with one reception room, two double bedooms and one single bedroom. The bathroom has a bath with an over the bath shower. Unfortunately, there are no photos of the kitchen . Externally, there is a medium sized garden and off-road parking for two cars. The photos are not that conclusive as to whether there is double glazing however, there is gas central heating, but it is unknown as to whether it is full rather than partial.

In order to get the best out of this property you will need some financial outlay to either provide or upgrade the current decor, fixtures and fittings. The only way you will find out what is required is to make an appointment to view the property.

Located on a popular estate in Bentley, Walsall. The area has been the subject of some regeneration over the past few years and is close to the major road networks including the M6 junction 10 about a mile away. The current asking price is for £125k and based on a pcm of £650.00 will return a yield of 6.24%. It has been on the market for less than a month For those of you thinking, "Bargain" and indeed at it's current asking price it is. However, I would seriously warn about letting it out in it's current condition. You will not achieve the rental yields you require.

Currently on offer with Paul Dubberley (01902 285954) you can get the full property details here. Call them to arrange a viewing, I highly recommend it.

If you would like an instant online appraisal as to the rental value of your property, please click here.

If you are thinking of getting into the property rental market and don't know where to start, speak to us for impartial advice and guidance to get the best return on your investment.

For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01922 311016, you can always email me on salekm@ashmorelettings.co.uk.

Don't forget to visit the links below to view back dated deals and Walsall Property News

Blog: www.walsallpropertyblog.com

Facebook: https://www.facebook.com/AshmoreLettings

Twitter: https://twitter.com/AshmoreLettings

Comments


x