A two bedroom terraced house in the Birchills area of Walsall, WS2. Another property in need of upgrading. Like my previous posting, this property will need some investment in order to turn it into a lettable spec and by extension receive an appropriate rental income.
A standard two bed terraced house with two double bedrooms and a downstairs bathroom. There is already double glazing and gas central heating in situ.
The asking price is for offers over £69950. An absolute bargain price and well below average for the type and area.
Birchills is a popular are for rental accommodation and is 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 8.14%. 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/41457703.
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