- Immediate income: Tenant in situ provides guaranteed cash flow from day one +
- Strong yield potential: Current rent generates 4.3% gross yield: market rent could achieve 7% +
- Rental growth opportunity: Market rent of £900pcm offers potential to increase returns +
- Low avoid risk: Popular mid-terrace property style ensures long-term occupancy +
- Prime Walsall location: Well-connected area with high tenant demand and access to Birmingham/Wolverhampton +
- Capital growth potential: Comparable local sales indicate strong resale value in area +
Investment Opportunity - 71 Parker Street, Walsall, WS3 2LF
Asking Price: £155,000
Current Annual Rental Income: £6,600
Expected Market Rent: £900 PCM (£10,800 per annum)
Property Type: Mid-Terrace / Residential Investment
Overview
A fantastic buy-to-let investment opportunity located in the heart of Walsall. This property is currently tenanted, providing an immediate income stream while also offering scope for rental growth to market rates of £900 PCM, increasing potential yield significantly.
With an asking price of £155,000, this investment offers appealing returns for investors seeking both cash flow and long-term capital growth.
Rental Performance & Investment Returns
Current Rent: £550 PCM (£6,600 per annum)
Market Rent Potential: £900 PCM (£10,800 per annum)
Gross Yield at Asking Price:
Current Rent: 4.3%
Market Rent: 7%
By aligning the property with current market rates, investors can maximize income and strengthen the overall portfolio yield.
The Property
Mid-terrace residential property ideal for professional tenants or small families
Well-proportioned rooms and practical layout
Long-term tenant in place, reducing void risk
Minimal maintenance investment required
Positioned in a high-demand rental area
This property is a low-management, high-potential asset suitable for both new and experienced landlords.
Location - Walsall, WS3
71 Parker Street is located in a well-connected and popular area of Walsall, providing easy access to:
Local schools, shops, and amenities
Transport links to Birmingham, Wolverhampton, and surrounding areas
A strong rental market supported by local employment and commuter demand
The area has seen consistent rental demand and capital growth, making it an ideal location for long-term property investment.
71 Parker Street, Walsall, presents a secure, income-producing investment opportunity in a strong rental location. With immediate rental income, potential for higher yields, and solid long-term prospects, this property is ideally suited for investors looking for cash flow and capital growth in the West Midlands market.
Asking Price: £155,000
Current Yield: 4.3% | Market Yield: 7%