2 Bedroom Semi Detached House, Bevin Road, Bentley, Walsall, WS2. With Yields Of 7.24%.

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A two bedroomed semi detached house on Bevin Road, Bentley, Walsall. To get straight to the point on this one, this property requires some serious time warping from the 70s and straight into the the 21st Century. on the positive side, however the bathroom has been modernised and the rear garden has been blocked paved and both look “the business”.

A decently sized property with lounge and dining area. The kitchen is on the small side, but there is a utility room big enough for a washer and dryer. The two bedrooms are double sized. The property has  walled boundary at the front and is also gated giving complete privacy. The driveway does look big enough for a vehicle and there is also a garage. There is double glazing and partial gas central heating. The property has a lot of potential, but will require a major overhaul and some serious cash spent.

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Located on the Old Hall estate in Bentley, the area has been the subject of some regeneration over the years and is close to the major road networks including the M6 junction 10 about a mile away. The current asking price is around £87000 and based on a minimum rental of £525.00 pcm will return a yield of 7.24%. It has only been on the market for a couple of weeks and the asking price is approximately £20000 lower than similar properties in the area. 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 L & S Prestige Estates of willenhall (01902 596 006) click here for details http://www.zoopla.co.uk/for-sale/details/39903055 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

Email: info@ashmorelettings.co.uk

 

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