Cope Street, Leamore, Walsall, WS3, is on the market with Bairstow Eves Countrywide, Walsall (01922 218043) priced at £100,000. For full property particulars please click on the link below:
The yield achievable on this property is what attracted me to this property which just came on the market a few days ago. What makes this a good investment opportunity is not only that my favourite curry house is a short walk away but as a buy to let (BTL) investor with a small budget this makes an ideal purchase.
As per my previous article (https://walsallpropertyblog.com/2015/09/19/new-build-2-bed-semi-in-leamore-yield-of-5-5/) on the area, I feel this has many positive future outcomes for it with the amount of investment being pumped into the area by public and private bodies alike. With good transport links, shops & schools nearby (Walsall Academy on Lichfield Road) this makes an ideal rental home for a small family wishing to move into a good catchment area. Also, judging by the pictures very little renovation work is required.
This property will rent for £495.00 all day long and with the correct marketing perhaps a little more can be achieved. With a minimum of 5.9% yield and a potential for capital growth I think this makes and ideal BTL for any investor looking to make most of their hard earned cash.
If you would like my opinion on any potential BTL properties you are looking to purchase please feel free to send me the Zoopla/ Rightmove link and I’ll be more than happy to respond.
Phone: 0345 257 9850/ 01922 637672