Great buy in Broseley for under £150K
Today I have a spacious 3 bedroom semi for you on Birch Meadow in Broseley with off road parking. The property features three large double bedrooms which is a huge plus for any prospective tenants with a family, and also boasts fully secure and enclosed front and back gardens a major bonus for families with young children and pets.
After reviewing the agent images the property could benefit from some modernisation. Possibly new carpeting and potentially upgrading the kitchen would add to the potential rental value.
I would expect a monthly rental of approximately £650-700 per calendar month if improvements were undertaken which would provide a favourable yield of 5.75% a great return when you consider the potential resale value of the property. With a brand new Taylor Wimpey estate a short walk down the road with smaller properties with much smaller plots on the market for £185,000 the potential for the market value to rise on Birch Meadow is high.
This property is a great all-rounder and would make a great investment for any Landlords looking to start or expand their portfolio so I suggest going to take a look ASAP before this best buy gets snapped up.
The property is on the market with Settled – London. You can give them a call on 03300 881422 or book an appointment via there website.
If you would like any advice on buying a property for Let, feel free to give me a call 01952884404