A two bedroom terraced house in the Palfrey area Walsall, WS1. The photos clearly show that the property is in desperate need of upgrading. What we have here is a blank canvas and for just a relatively small investment, this property can be turned into a top notch lettable spec.
A bog standard two bed terraced house with two double bedrooms. The description states that there is double glazing, but does not state whether there is central heating, however, the photo of the bathroom does show a boiler in place.
The asking price is for offers over £75000. A bargain price and well below average.
The property is situated in a popular area for rental accommodation and well within reach of all local amenities and major transport networks.
Based on the fact that the property will be upgraded, you could expect a rental of £475.00 pcm giving a yield of 7.60%. The is average for the type and area.
Currently on offer with Purple Bricks (01926 267 659) click here for details http://www.zoopla.co.uk/for-sale/details/41175175.
Please contact me when you are ready to discuss whether this is the right investment for you, I would be glad to help in any way I can.
Phone: 01922 311016