2 bedroom apartment for sale
Walsall Road, West Bromwich,West Midlands, B71
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Buy-to-let property investment
- Two bedroom apartment
- Net yield: 6.2%
- Rental income: £10,200 per annum
- Self managed by current owner
Description
Address: The Heights, Walsall Road, West Bromwich, B71 3AZ
Asking Price: £125,000
Tenure: Leasehold
Lease Term: 125 years commencing 01/01/2014 and expiring 31/12/2139
Property Type: Residential apartment
Bedrooms: 2
EPC Rating: B
This well-positioned residential apartment is situated within an established development on Walsall Road, offering strong tenant demand and consistent rental performance. The property benefits from excellent transport links and proximity to local amenities, making it attractive to long-term tenants.
Investment Information
Current Rental Income: £850 per calendar month (£10,200 per annum)
Service Charge: £1,960 per annum
Ground Rent: £410.76 per annum
Yield Calculations:
Gross Annual Yield: 8.16%
Net Annual Income (after service charge & ground rent): £7,829.24
Net Yield: 6.26%
This represents a strong-performing buy-to-let opportunity at an accessible capital entry point, with immediate income in place from day one.
Reasons to Invest
Attractive gross yield in excess of 8%
Established rental income with no initial void period
Long lease providing security of tenure and mortgageability
Competitive asking price in a high-demand rental corridor
Ideal addition to both new and existing investor portfolios
This asset is particularly well suited to investors seeking reliable cash flow, predictable costs, and long-term capital stability.
Location Information
West Bromwich continues to benefit from sustained regeneration and strong connectivity across the West Midlands. Located on Walsall Road, the property enjoys direct access to major commuter routes, local employment hubs, retail centres, and public transport links. The area remains popular with professional tenants and working families, underpinning consistent rental demand and reducing void risk.
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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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Energy performance certificate - ask agent
Walsall Road, West Bromwich,West Midlands, B71
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Visit our security centre to find out moreDisclaimer - Property reference The-Heights-West-Bromwich. 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.
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