My BTL Deal of the Week is a 2 Bed Semi Walsall WS2 By Modern Method of Auction Yields 8.25%
It's been a while since I have done one of these. Plenty of info on the property and photos. Organise a viewing asap! Obviously, the property needs a complete refurbish, but if you are the type of Walsall landlord who likes takling on a project? It has two double bedrooms. The bathroom is upstairs. Downstairs there is a kitchen, dining room, lounge, utility room & veranda. You will need to install gas central heating and depending on the condition of the double glazing, this may require replacement too. It may be worth replacing anyway. There is an enclosed rear garden, which will require some TLC. Parking is off-road to the external front of the property.
Please note that property is for sale by he modern method of auction. Therefore, based on the current asking price of £80k and the property being of an acceptable lettable standard, you could expect a minimum pcm rental of at least £550.00, therefore the property will yield 8.25%.
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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 637672, you can always email me on salekm@ashmorelettings.co.uk.
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