Parker Street

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.

Comparable Properties

Using Rightmove’s Best Price Guide and sales data within a 1.4-mile radius, similar properties have been achieving strong rental yields and consistent tenant demand. This indicates the robust performance potential of 71 Parker Street in both income and resale value.

Examples:

• Comparable rental properties achieving £900 PCM market rent

• Comparable sales in the area confirming competitive pricing and capital growth potential

Why This Property Works for Investors

• Current tenant in situ provides immediate income
• Scope to increase rent to market levels, boosting yield
• Strong local demand ensures low void periods
• Mid-terrace style popular with tenants, offering long-term occupancy stability
• Excellent entry point into Walsall investment market

Summary

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%

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