Great investment property in Dunslade Road which could yield close to 7%

Here's an interesting property that's on the market in Dunslade Road in Erdington. It's on the market at £95K (offers in excess of) with Bairstow Eves. At this sort of price, this looks a good investment property. From experience of letting out property of this type and condition it could easily obtain £550pcm. Now based upon these figures, this will yield circa 6.9%, which is not too bad. Delve a bit deeper and let's say that the property was given a 'lick of paint', I would reckon that the rental figure would be closer to the market rate of £575pcm, which in turn makes it now closer to 7.2% yield, which is getting even better! In addition, the agent has disclosed that it's Chain Free! It just gets better! Give them a call and check it out further. Further details at http://www.rightmove.co.uk/property-for-sale/property-43663237.html

Should you wish to discuss any other specific properties or just a general chat regarding the current market, please feel free to contact me on 0121 321 6090 or call in and see me at 24 Birmingham Road, Sutton Coldfield.