Two Bedroom House on Garretts Green Lane for £100,000!!
Posted on Sep 15, 2016
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During my daily search of rightmove I have found this cracking Investment property for £100,000.
The property market in Yardley/Sheldon/Stechford has gone crazy in recent months, so these types of property are becoming harder for Investors to get their hands on.
This Two Bedroom House on Garretts Green Lane is being marketed by Dixons Estate Agents in Yardley and believe me it will go FAST! I have already pointed a couple of my Investors to it, if you are interested in viewing I suggest you contact Paul Orme at Dixons on 0121 371 9130.
The house needs some TLC, it appears to have Central Heating so an Investor will not need to go to the expense of installing a new system. I would imagine that it will need approx £5,000 - £7,000 spending to get it to the standard that we require for our tenants.
Once refurbished I would expect to achieve £695PCM generating a gross rental yield of 7.5% based on purchase price of £100,000, stamp duty and a maximum refurb cost of £7,000.
The property is in a well sought after area for Jaguar Landrover Staff as it is in the middle of both the Solihull and Castle Bromwich Plants.
Should you have any property related enquiry or require a second opinion on a property purchase, please do not hesitate to contact me on 0121 745 2225 or 07540 462 033.
I was on the market with a previous Agent for 434 Days. I was recommended to contact Partridge Homes from my Solicitor. Within 6 Days of instructing Partridge's the property as Sold and the asking price of £299,950 was achieved. I would highly recommend anybody selling their property to make Partridge Homes your first point of call.
reviewing Partridge Homes
Excellent service from buying a home to letting and managing a property in Kitts Green for me. This is a family run business and it shows from the personal attention each member of staff have for you. Well done Partridge Homes you do a FANTASTIC job.
reviewing Partridge Homes
I purchased my first house in August 2014, the team at Partridge were great and managed the whole process for me in a very efficient manner. I would definitely recommend Partridge Homes to anyone looking to buy in the area.
reviewing Partridge Homes
Partridge Homes and in particular Charlotte and Nicky have been extremely helpful and professional in there approach to helping with our Buy to Let property. They coordinated all the viewings were excellent in providing feedback and kept us updated on a timely basis.
They were always professional with a very personable approach for both prospective tenants and ourselves. I would have no hesitation in recommending Partridge Homes to others.
reviewing Partridge Homes
A BIG thank you for all of your help, time and kindness. You made a big difference in helping us as a family in selling our Parents house. It has been a hard time for all of us but you helped in any way you could.
reviewing Partridge Homes
Thank You for all of the help and support in buying the property on Heybarnes Road. Excellent Customer Service, thank you very much.
reviewing Partridge Homes
I have been associated with Partridge Homes for two years, during that time I am delighted with their service , It is of the highest quality, and I would definitely recommend them to other people.
reviewing Partridge Homes
Great service, great people. Everyone there really cares, and that shines through in everything they do. We sold our house in Kings Heath in 2014 with Partridge Homes and we can highly recommend them.
reviewing Partridge Homes
It's actually a pleasure to recommend Partridge Homes. I've used several Letting Agents over the last 15 years as a landlord and they are (by quite a distance ) honestly the best company I've used. It's quite rare to find an agent that will just do what's expected , Partridge Homes really went the extra mile and located an excellent tenant and are currently marketing another property and so far have had quality viewings and arranged everything. Keep up the good work
reviewing Partridge Homes
I had previously placed our property for sale with another local estate agent. We had no luck with them and was then recommended to use Partridge Homes by a friend who had recently sold with them.
I have to say that matters took a turn for the better after I contacted your company. Your marketing techniques were far more proactive, and more people came to view the house over a short period of time which has resulted in a quick sale and completion. I was also impressed with the quality of viewings you sent our way- it was clear that your team focussed on good quality qualified viewings.
Selling property is complicated and I appreciated your patience in explaining all the details to me and keeping me up to date throughout the process.
Finally you saved us £1000+ compared to the first agent we had signed up with- plus we managed to get that Sale Agreed Sign outside.
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