Today’s Buy To Let Deal Yields 5.08%, A 3 Bed House, Lumley Road, Walsall, WS1.

A 3 bedroom terraced house on Lumley Road, Walsall, WS1. The property is being marketed by Acorns & Co (01922 312 060). This is a pretty standard spec, but will probably need some decor changes. Marketed at £130k, which I think is slightly overpriced.

Car parking is on-road. There are three double bedrooms and a separate dining room. There is double glazing and gas central heating. Located in the Chuckery area of Walsall within easy reach of the major transport networks making it an easy commute to Walsall town centre. The M6 is also within easy reach. There are a large variety of schools including Queen Mary’s Grammar school all within a mile plus healthcare and shopping amenities.

I appraise the rental value at £550.00 pcm for a property of this type and area and takes into consideration that the necessary upgrades will be carried out. If the property sells at the current asking price, this would mean a yield of 5.08%.

If you would like an instant online appraisal as to the rental value of your property, please click here.

Click here for the full property details or call them to arrange a viewing.

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.

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