A pretty standard terraced type house on this popular street for rented accommodation. The property has an acceptable spec, however the bathroom looks like it could do with a good clean. But that should be pretty standard practice anyway and for a terraced house the garden isn’t too shabby either. Set in the heart of Caldmore and adjoining the Highgate border, the location is perfect for local schools both public and private (Mayfield Prepatory and Queen Mary’s Grammar schools being just half a mile away). Healthcare amenities such as doctors, dentists and chemists are aplenty and within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre just a mile away.
The current asking price is around £90000 and based on a rental of £475.00 pcm will return a yield of 6.33%. We have achieved higher rents such as £495.00 with this property type in the area, but they have been a higher grade spec. Sandwell street is one of those strange streets with differing property types and styles. For instance parking here is on-road, but there are terraced properties on the street with off-road parking and obviously these will attract the slightly higher rentals, parking in general in Walsall being at a premium.
Currently on offer with Acorns & Co Estate Agents of Walsall (01922 312 060) click here for details http://www.zoopla.co.uk/for-sale/details/39692087 or call them to arrange a viewing, I highly recommend it.
If you wish to discuss this property further and have a detailed discussion about my opinion and thoughts of whether this is the right investment for you, please feel free to get in touch. I am happy to share my opinion on any other property or properties you are thinking of purchasing. Just send me the link.
Phone: 01922 311016