“Ready Made Tenant” 3 Bedroom Terraced House, Essex Street, Walsall, WS2. With Yields Of 7.00%.

01 02 03 04

‘Great investment or first time buy’, so reads the post. There is a tenant already in situ, so on the face it, this one seems all ready to go. However, there is just one vital piece of information the agent has neglected to mention…Can you guess what the vital piece of information it is? Yep, that’s right…They forgot to mention what the current monthly rental is…Quite a HUUUGE omission when they’re marketing the property with ‘Sitting tenant’, don’t you think? Anyway, I contacted the agent and they confirmed the pcm rental to be £525.00.

Sadly, lacking photos of the bathroom and the bedrooms. Additionally, these photos must have been taken before the tenant moved in, so a viewing is an absolute must in order to evaluate its current state. But from what I can see, a nice and tidy property with a decent spec.

The location is ideal for local schools and other amenities and transport services are within easy reach. There is double glazing, gas central heating and parking is On-road.

The current asking price is over £90000, which is above average for this type and area and based on the current rental of £525.00 pcm will return a yield of 7.00%. Additionally, if capital growth is your game then I am happy to report that in just over 12 months the property’s value increased by 35%!

Currently on offer with Bairstow eves (01922 312 791) click here for details http://www.zoopla.co.uk/for-sale/details/40996066.

When you are ready to discuss this excellent investment opportunity, I would be very happy to discuss it with you.

Phone: 01922 311016

Email: info@ashmorelettings.co.uk

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.