Generous semi in Dosthill, Tamworth for 165K – Ideal BTL

Today’s BTL deal is a 2 bed semi and  it’s being sold with the added benefit of no upward chain.

Nestled in the highly popular and very desirable Dosthill Village, it speaks volumes as to the location and therefore the potential for long term letting.

This smart looking house  of generous proportion is being sold by Hunters and comes with an asking price of £165,000.

2 bed semi
2 bed semi
kitchen
kitchen
2 bed semi
2 bed semi
school checker
school checker

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

So what do you get for your money – lounge/dining room,  conservatory, kitchen, two double bedrooms, modern bathroom, gardens to front and rear and  2 brick built outhouses.

With an EPC rating of E it’s not ideal but there may be little tweaks that you can do to bring it up to a D rating.

The house is situated approx. 5 minutes walk to the nearest primary school. Although the OFSTED report marks the school as inadequate , it was actually oversubscribed in 2017. I quite often see schools marked as inadequate or in special measures suddenly pull their socks up and dramatically turn the next OFSTED report to show as good.

The house is good to go as far as tenants are concerned and with a rental income of £695pcm this would bring in an investment yield of  5% per annum. Landlords if you are looking to add to your portfolio and this property has caught your eye, give Hunters a call today.

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Until next time.

 

BTL yield 5.57% Cracking Bungalow, Tamworth B79

Walking through Tamworth yesterday I spotted what looks like a cracking good Buy To Let so I thought I would share it with you.

This 2 bedroom semi-detached bungalow  is up for sale with our good friends at Hunters and has recently been reduced – Offers in Region of £139,950

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Buy to let investment – Freville Close, Tamworth – Gross Yield 6.21%

One of my clients happened to be in the hairdressers the other day and we got talking about the Tamworth property market. She wanted to know about the implications of the Stamp Duty hikes and new taxation rules coming in to force in April. Was it all doom and gloom for private landlords.

Well despite these changes coming into force, landlords are still investing in buy to let, so I spent a good 10 minutes trawling through the portals and spotted this cracking 3 bedroom semi  that would make an ideal long term rental investment.

Located on Freville Close  which is  just a short walk to the town centre, train station and local shops.

In good overall condition and coming in with 710.01 sq ft of space, a slight freshen up and the property is ready to be rented.

The rent on this property is going to be £725 pcm and based on the asking price, if you pay £140,000  that will give you a gross yield of 6.21% .

On the market with local agents Bairstow Eves .

http://www.rightmove.co.uk/property-for-sale/property-64739660.html

B79 Tamworth
Freville Close

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