My Buy To Let Deal of The Week 2 Bed Semi Yorkshire Grove Walsall WS2 Yields 5.57%.

A two bedroom semi detached house on a popular newbuild estate in Walsall, WS2. Marketed by Goodchilds (Call 01922 312016 ) with an asking price of £140k.

The property has a superb spec with neutral decor. This is an ideal ready to go buy to let for any Walsall landlord. There are two double bedrooms and a family bathroom. The property also has a modern kitchen and bathroom and a fair-sized rear garden and also off-road parking. Top that off with double glazing and gas central heating. This property would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities lending easy access to Walsall town centre.

Based on the current market price and a minimum pcm rental of £650 would return a yield of 5.57%. The asking price in my opinion is a little too high and the increase in capital growth from £116k to £140k in four years seems to me to be a little unrealistic. With the right negotiations, I would expect the property to go for less.

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

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 0345 257 9850 and 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

Facebook: https://www.facebook.com/AshmoreLettings

Twitter: https://twitter.com/AshmoreLettings

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.