It’s a newbuild property and was last sold in 2007 for £120k, but I can’t see it reaching the current asking price this time around. It’s a pretty good spec and very much good to go as a rental, but the garden is on the small side.
You can get away with the decor as it is, but you may want to get rid of the lime green in the one of the bedrooms. Just a thought since everything else is neutral.
As to be expected from a newbuild property it has all the mod cons including a modern fully fitted kitchen with oven/ hob, modern bathroom, double glazing, gas central heating and there are two allocated parking spaces.
The location is ideal for commuting. Not far from the Chester and Lichfield roads leading to Cannock, Walsall, Lichfield and Streetly. Many other amenities and services are all within a short distance away.
I appraise the pcm at a minimum of £625.00 and if the property sells at the current asking price, this makes a yield of 6.07%.
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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