“Excellently Presented” 2 Bedroom Semi Detached House, Hydes Road, West Bromwich, B71 With Yields Of 5.08%.

 

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Not strictly in Walsall in this one, but it’s only 4 miles away from Walsall Town centre and I wanted to help a friend out, so I’ll let it in. A large two bedroom semi detached house excellently presented and in superb condition. Technically, this is a two bed, but the loft is currently being used as a third bedroom and is large enough for a single bed and some extra storage space. It has a very rustic feel about it with lots of autumnal colours and can be let as it is. It is ideal for the working professionals or a small family. The location is ideal being about two miles from M6 junction 9 and within easy reach of West Bromwich, Wednesbury and Walsall town centres. Less than half a mile away there are a good selection of education centres such as Wodensborough Community Technology College and Moorlands Primary School.

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There is a medium sized conservatory over looking the rear garden, which is large enough for a table and chairs and a couple of two seater settees increasing the living area of the property considerably. Interestingly there are two bathrooms, one upstairs, the other is downstairs. There is also double glazing and gas central heating and the parking is on-road. Finish this off with low maintenance front and rear gardens.

The current asking price is £116995 and based on a rental of £495.00 pcm will return a yield of 5.08%. This is based on the property as a three bed as this is effectively how it is currently being used. If you’re looking for capital growth, then there is a small amount to be had. Based on the last ten years and if the property sells at the current asking price the increase is around 7%.

Currently on offer with Purple Bricks (01926 267 659) click here for details http://www.zoopla.co.uk/for-sale/details/39406181 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

 

One thought on ““Excellently Presented” 2 Bedroom Semi Detached House, Hydes Road, West Bromwich, B71 With Yields Of 5.08%.

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