2 Bed Bungalow with potential yields upwards of 7.5% in Shelfield, Walsall!

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This 2 bed semi detached Bungalow is situated at an over 55’s development in Deepwood Close, Shelfield, Walsall, WS4.  On the market with Lovett & Co (01543 526007).  Priced at £95,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/38410327

I like bungalows, I just like them.  Probably down to many factors more to do with the heart than the head but perhaps it’s to do with the space, no stairs, grandma’s cookies, grandpa’s jokes and that holiday feeling etc..etc….

Anyway, before I drift off I would like to share with you the reason why I think this particular bungalow caught my eye today and why I think this makes a great buy to let investment.

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Why it makes sense to invest in property in Walsall…..

So I had an interesting conversation with a landlord recently from the south who was looking to invest in Birmingham.  Even though he has a property we manage for him in Shenstone he still calls it Birmingham so when I informed him about some mouth watering deals you could have in Walsall, he asked me where that was!   Anyway, we started to talk about the local property market in Walsall and I shared with him my thoughts and why, to me at least, it makes sense.

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The Land Registry have just released their latest set of figures for the Walsall Property Market, and it makes interesting reading – as average property values in Walsall rose by 0.2% in May.

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