A 3 bedroom end terraced house, Neale Street, Walsall, WS2. The property is being marketed by Dixons (01922 312 792). A pleasing spec, which looks like it could be let as is based on the available photos. Marketed at offers of £90000. Interestingly, the property has been reduced by 10% in the last 3 months.
Unfortunately, there are no photos of the bathroom or rear garden. The front garden is minimal and low maintenance. There are two double sized bedrooms and one single bedroom. There is double glazing and gas central heating. Located in the centre of Birchills with close transport links to Walsall and Bloxwich town centres. There are many schools in the locality including the Reedswood E-Act Academy less than half a mile away. There are other amenities available including healthcare and leisure facilities.
I appraise the rental value at £525.00 pcm for a property of this type in this area. There are other 3 beds in the surrounding area that can generate £550.00 pcm, however these are generally larger and of a better spec. Therefore, if the property sells at the current asking price, this would mean a yield of 7.00%.
Click here for details http://www.zoopla.co.uk/for-sale/details/39586196 it’s what viewings are for.
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