I wrote about this property back in May and luckily it is still on the market almost 5 months later. The good news is that the price has been reduced by 10% to £90000!
A two bedroom terraced house in the Birchills area of Walsall, WS2. An excellent spec here and unless you really want to change the decor, it can be let as is. The asking price is at the higher end due to the higher end spec. The location is ideal for local schools infant, junior and academies including Walsall College all within a mile. Healthcare amenities such as doctors, dentists and chemists are also within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre less than a mile away. There is double glazing, gas central heating and parking is on-road. I would urge a viewing sooner, rather than later.
The current asking price is £90000 and based on a rental of £525.00 pcm will return a yield of 7.00%. The appraised rent is higher than usual for properties of this type and area however, due to the excellent spec.
Currently on offer with Connells (01922 716 026) click here for details http://www.zoopla.co.uk/for-sale/details/40499764.
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.
Phone: 01922 311016