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3 bedroom terraced house for sale

Parker Street, Walsall, West Midlands, WS3

Floorplan 1
1

Key features

  • 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

Description

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%
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Parker Street, Walsall, West Midlands, WS3

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Renovation potential
Recently sold & under offer
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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£707
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference Parker-Street-Walsall. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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