Deja Vu! 1 Bedroom Semi, New Forest Road, Walsall, WS3 With Yields Of 7.41%.

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I did a double take when I saw this. I wrote about this property 6 months ago. I tried to find out what had happened in the intervening period, but I drew a blank. Anyway, it’s back on the market as of today.

Since major redevelopment in the area, the area’s profile has now been raised substantially making it a popular choice for rental. Unfortunately, though the property is billed as “well presented”, the agent has still only provide one photo of the external. Therefore, I have absolutely no idea what the condition is like on the inside. I would urge a viewing on this one immediately. My personal experience with this estate is that rentals are very popular. Additionally, there is double glazing, gas central heating and off-road parking.

The asking price 6 months ago was £90000, now it is £5000.00 less at £85000, a reduction not to be sniffed at.  The pcm rental of £525.00 will return a yield of 7.41%. Even though it is only a one bed, however due to its location and as long as the internal spec stacks up, this rental amount should be achievable.

Currently on offer with Dixons (01902 596628) click here for the full property details.

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01922 311016, you can always email me on salekm@ashmorelettings.co.uk.

Don’t forget to visit the links below to view back dated deals and Walsall Property News.

Blog: www.walsallpropertyblog.com

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