2 Bedroom Semi Detached House, Hill Street, Cheslyn Hay, WS6. With Yields Of 5.48%.

 

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A two bedroomed semi detached house on Hill Street, Cheslyn Hay, WS6. No reason to get the “Blues” over this one. I picked it due to the fact that it was marketed in January and by February the asking price had been reduced by 8%. This signals to me that the owners are eager to sell and that there may be more “Wiggle Room” available. It can be rented as it is, but I would recommend that it is updated at some point, whether this is done in one go or over a period of time.

A decently sized property with lounge and dining area. The kitchen is of moderate size and seems to have all the necessary space for white goods. The two bedrooms are of equal size and large enough for double beds and plenty of storage. The parking is on-road, but there is also a garage. There is double glazing and gas central heating, but it is not clear from the property details whether it is partial or full.

 

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Located on the former mining village of Cheslyn Hay situated between Great Wyrley and Walsall. The area has been the subject of some regeneration over the years and is close to the major road networks including the M6 junction 11 and the M6 Toll. In the immediate area the village is the catchment area for the Cheslyn Hay Sport and Community High School and the Glenthorne Community Primary School. The current asking price is around £115000 and based on my appraised rental of £525.00 pcm will return a yield of 5.48%.

Currently on offer with Connells of Cannock (01543 526 835) click here for details http://www.zoopla.co.uk/for-sale/details/39216598 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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