I have been taking a look at the latest properties to come to the market since we all returned after the festive break and come across this exciting prospect that I thought I would share with you.

It is a three bedroom end of terrace house in Pennycress, Locks Heath with a garage in a block.  From the pictures online with Purple Bricks the property looks in decent order to let straight out with little fuss.

Three bedroom houses have Tenants fighting over them in Locks Heath currently so finding a Tenant quickly won’t be a problem.  A monthly rent of £995 will give you a gross yield of 4.7% based on the asking price of £250,000 (OIEO).

I realise that yields aren’t the only point of interest for Landlords and that capital growth is a major factor to consider.  This property last sold in October 2012 for £181,000 meaning that in just over 4 years the property has increased in value by 38.12%.

Full details can be found HERE but this one shouldn’t be around for long so be quick.

I am always happy to give you my unbiased opinion on any properties that you are thinking of purchasing so feel free to give me a call on 01489 570011 or send me the details through to james.hill@brooklettings.co.uk.