Summary - 41 FLAT 3 LYSWAYS STREET WALSALL WS1 3AG
1 bed 1 bath Flat
Long-lease one-bed flat with tenant and strong gross yield near Walsall town centre.
One-bedroom first-floor flat with communal entrance
A one-bedroom first-floor flat offered with a very long lease (963 years) and a sitting tenant currently paying £600pcm. Positioned close to Walsall town centre and public transport, the property delivers straightforward access to shops, schools and local amenities.
The flat includes a communal entrance, hallway, lounge, kitchen, bathroom and benefits from off-street parking and a garden. With the current rent and asking price, the property produces an approximate gross yield of around 9% — a clear interest for buy-to-let investors seeking immediate income.
Buyers should note the local area records very high crime levels and is classed as very deprived, which will affect tenant demand and long-term capital growth. The interior descriptions indicate dated fixtures and smaller room sizes, so there is scope and likely need for refurbishment to increase value or rents.
This is best suited to an investor comfortable managing a tenant in situ and local market challenges, or a hands-on buyer prepared to refurbish to improve rental income and appeal.
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