A 3 bedroom end terraced house in Palfrey, Walsall, being marketed by Acorns & Co estate agents of Walsall (01922 312 060). A decent spec, which is improved by a refitted modern kitchen and bathroom. Priced at offers over £100k. Some decor changes may be in order, but are not essential. There is double glazing and gas central heating. There are two reception rooms, one of which can be utilised as a dining room.
The rear garden has plenty of space and is low maintenance. The front garden can be utilised for curtilage car parking. There are two double rooms and a single. The third bedroom could physically house a double bed, but that is all you would probably get in there. Located in the heart of Palfrey there are selection of local schools from infant to junior plus the Joseph Leckie Academy is only half a mile away. Walsall town centre is within easy reach and junction 9 of the M6 a short drive away. For that little bit of out of town retail therapy you have easy access to the Bescot Retail park plus the huge Bescot Stadium Sunday market.
The rental value on this would be in the region of £525.00 pcm and If the property sells at the current asking price, this would mean a yield of 6.30%. interestingly the property has been on the market for almost 12 months and has been reduced 3 times (Over 16% in total) since the original posting. Makes me think there may be a little more “Wiggle Room” available.
Click here for details http://www.zoopla.co.uk/for-sale/details/36618790 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