2 Bedroom End Terraced House, Newton Place, Walsall, WS2 With Yields Of 6.30%.

 

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A deceptively large end terraced house on the outskirts of the Beechdale estate in Walsall. The area has gone through some major redevelopment over the last decade or so, which has certainly helped in raising the area’s profile. The décor looks very nice and unless major changes are required, I would advise leaving as is. The flooring looks hard wearing and doesn’t look like it requires changing.  Unfortunately, there is no photo of the bathroom, which seems a bit odd, but as I always say, that’s what viewings are for.  However, the piece-de-resistance of this little baby is the huge garden. I mean, it looks like you could build another house on it! The location benefits from being within easy reach of the Reedswood Retail Park and junction 10 of the M6 and in the vicinity of other major transport routes leading to Walsall, Willenhall and Bloxwich town centres. There is also a wide selection of schools within a mile or so radius including the Mirus Academy.

The current asking price is £100000 and based on a rental of £525.00 pcm will return a yield of 6.30%. The appraised rent on this is above average for the area because of the size of the property. There is double glazing and gas central heating. First listed in February and really deserves a viewing. There is some capital growth here too. In the last 5 years it has increased in value by 14%.

Currently on offer with Dixons (01922 312 792) click here for details http://www.zoopla.co.uk/for-sale/details/39586202.

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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