{"slug":"73b90ce","reference":"148109153","property":{"agentBranchId":246740,"agentBranchName":"Glasgow","agentCompanyName":"Let Property Sales","shortDescription":"3 bedroom semi-detached house for sale","listingUpdateReason":"Reduced on 31\/07\/2024","isCommercial":false,"propertySubType":"Semi-Detached","propertyTypeDisplay":"Semi-detached","bedrooms":3,"bathrooms":1,"addedDate":"2024-05-17","soldSTC":false,"latitude":52.58422,"longitude":-2.00173,"primaryPrice":"\u00a3173,000","price":173000,"displayPriceQualifier":"Offers Over","postcode":"WS2 9PZ","displayAddress":"Bassett Street, Walsall, West Midlands, WS2","encId":"aodZCjFIPQsHJPVGIJODKwgi-Wzy54W3n7uhTA==","councilTaxBand":null,"brochure":"https:\/\/media.rightmove.co.uk\/property-brochure\/4d6470faa\/148109153\/4d6470faac16e0fd1a033b103a7d7387.pdf","description":"This is a 3-bedroom semi-detached house located in Walsall. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!\n\nThe home features 3 bedrooms, and a bathroom on the first floor, spacious lounge, kitchen and dining area on the ground floor, and a rear garden space.\n\nInvestment Details\n\nIt currently produces an annual gross income of \u00a37,800 which could be increased by the new owner to a market rate of \u00a39,960 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.\n\nFor greater detail on this property's investment potential, please see the Let Property Pack linked below.\n\nIf you are interested, please call us.\n\nTenancy Details\n\nThe current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.\n\nLet Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.","floorplans":[{"url":"https:\/\/media.rightmove.co.uk\/property-floorplan\/7916ae510\/148109153\/7916ae510dfb9f1f7b4165157e04f5f0.png","caption":"Floor Plan","type":"IMAGE","resizedFloorplanUrls":{"size296x197":"https:\/\/media.rightmove.co.uk\/dir\/property-floorplan\/7916ae510\/148109153\/7916ae510dfb9f1f7b4165157e04f5f0_max_296x197.png"}}],"epcGraphs":[],"tenure":{"tenureType":"FREEHOLD","yearsRemainingOnLease":null,"message":null},"keyFeatures":["Buy-to-Let Opportunity","Long Term Tenant Currently Situated","Likely to attract enquiries from Serious Investors &amp; Developers.","3 Bedrooms","Spacious Lounge","Rear Garden Space","INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)"],"features":{"featuresTable":{"Electricity":"\u2014","Broadband":"\u2014","Water":"\u2014","Sewerage":"\u2014","Heating":"\u2014","Accessibility":"\u2014","Parking":"\u2014","Garden":"Rear garden","Listed 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INFORMATION \nBassett Street, Alumwell, \nWalsall WS2\n203736037    \nLET PROPERTY PACK\n\nProperty Description\nOur latest listing is in Bassett Street, Alumwell, \nWalsall WS2\n\nGet instant cash \ufb02ow of \u00a3650 per calendar \nmonth with a 3.6% Gross Yield for investors.\n\nThis property has a potential to rent for \u00a3830 \nwhich would provide the investor a Gross Yield \nof  4.6% if the rent was increased to market \nrate.\n\nWith a tenant currently situated, a space \nthat has been kept in good condition and a \nrental income that ensures fantastic returns, \nthis property will make for a rewarding \naddition to an investors portfolio.\n\nDon\u2019t miss out on this fantastic investment \nopportunity...\n\nProperty Key Features\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nRear Garden Space\n\n  Bassett Street, Alumwell, \nWalsall WS2\n203736037 \nFactor Fees: \u00a30.00\n\nGround Rent: Freehold\n\nLease Length: Freehold\n\nCurrent Rent: \u00a3650\n\nMarket Rent: \u00a3830\n\nLounge\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nKitchen\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nBedrooms\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nBathroom\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nExterior\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nInitial Outlay\nASSUMED PURCHASE PRICE \n\n  \nFigures based on assumed \npurchase price of \u00a3215,000.00 and \nborrowing of \u00a3161,250.00 at 75% \nLoan To Value (LTV) and an \nestimated 5% \ufb01xed term interest \nrate.\n215,000\n25% Deposit\t\u00a353,750.00\nSDLT Charge\t6450\nLegal Fees\t\u00a31,000.00\nTotal Investment\t\u00a361,200.00\n\nProjected Investment Return  \n830\nReturns Based on Rental Income \t\u00a3650 \u00a3830\nMortgage Payments on \u00a3161,250.00 @ 5% \t\u00a3671.88\nEst. Building Cover (Insurance)\t\u00a315.00\nApprox. Factor Fees\t\u00a30.00\nGround Rent\tFreehold\nLetting Fees\t\u00a365.00 \u00a383.00\nTotal Monthly Costs\t\u00a3751.88 \u00a3769.88\nMonthly Net Income\t-\u00a3102 \u00a360\nAnnual Net Income\t-\u00a31,223 \u00a3722\nNet Return\t-2.00% 1.18% \nThe monthly rent of this property is \ncurrently set at \u00a3650 per calendar month \nbut the potential market rent is\nOur industry leading letting agency \nLet Property Management has an \nexisting relationship with the tenant \nin situ and can provide advice on \nachieving full market rent.\n\nReturn Stress Test Analysis\nReport\nIf the tenant was to leave and you missed 2 months of \nrental income\nIf Interest Rates increased by 2% (from 5% to 7%)\nAnnual Net Income \nAdjusted To\n-\u00a32,504\nNet Return -4.09%\nAnnual Net Income \nAdjusted To\n-\u00a3939\nNet Return -1.53%\n\nSale Comparables Report\nThis report shows comparable sold properties in the area using Land Registry sold \ninformation. There are comparable properties in the area selling for as much as \u00a3200,000.\n\nRent Comparables Report\nThis property is situated in a high demand rental area with rents achieving as much as \n\u00a3975 based on the analysis carried out by our letting team at Let Property Management .\n\nCurrent Tenant Pro\ufb01le\nAs this property is currently tenanted, we\u2019ve created a tenant pro\ufb01le report to \nshowcase the current agreement of occupancy in place with this property.\nTenancy Agreement in place: YES \nFully compliant tenancy: YES\nCurrent term of tenancy: 2 years+\nPayment history: On time for length of tenancy\nFully compliant tenancy including \nEICR & Gas Safety in order\nDisclaimer: All information is collected from the seller of the property and must be con\ufb01rmed at legal completion. Proof \nwill be provided for all documents after your offer has been accepted. If there are any inaccuracies with documentation \nor compliance, Let Property will ensure that everything is in place before completion of the property.\nStandard Tenancy Agreement In \nPlace: YES\n\nInterested in this \nproperty investment? \nBassett Street, Alumwell, Walsall WS2\n\n203736037    \nCall us on\n0141 478 0985\nLet Property is not liable for any inaccuracies within this \ninvestment pack. All information was provided by the \nproperty seller or by a 3rd party RICS Chartered Surveyor.","brochureParsedAddress":null,"constructionAgeBand":"England and Wales: 1930-1949","totalFloorArea":73},"display_address":"17 BASSETT STREET, WALSALL, WEST MIDLANDS WS2 9PZ","address_first_line":"17 BASSETT 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9UT","property_type":"S"},{"transaction_id":"045a1898-ee44-9a24-e063-4804a8c048ea","price":175000,"transfer_date":"2023-07-26","address":"9 RIPON ROAD, WALSALL, WEST MIDLANDS, WS2 9UU","property_type":"S"},{"transaction_id":"01eb45f0-5c00-40f3-e063-4704a8c05fde","price":135000,"transfer_date":"2023-06-02","address":"97 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XQ","property_type":"S"},{"transaction_id":"09266ddc-3741-af90-e063-4704a8c02087","price":170000,"transfer_date":"2023-05-10","address":"112 MOAT ROAD, WALSALL, WEST MIDLANDS, WS2 9PY","property_type":"S"},{"transaction_id":"fd226036-a7aa-4cb7-e053-4804a8c00430","price":122000,"transfer_date":"2023-04-11","address":"8 RIPON ROAD, WALSALL, WEST MIDLANDS, WS2 9UU","property_type":"S"},{"transaction_id":"fac30767-deb1-5e20-e053-4704a8c004ee","price":106000,"transfer_date":"2023-04-11","address":"9 RIPON ROAD, WALSALL, WEST MIDLANDS, WS2 9UU","property_type":"S"},{"transaction_id":"f3b6c198-f971-6e40-e053-6c04a8c0b3b4","price":190000,"transfer_date":"2022-12-06","address":"48 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XF","property_type":"S"},{"transaction_id":"f3b6c198-f865-6e40-e053-6c04a8c0b3b4","price":100000,"transfer_date":"2022-11-30","address":"36 PARGETER STREET, WALSALL, WEST MIDLANDS, WS2 8RP","property_type":"S"},{"transaction_id":"f16f63c6-3f4e-0491-e053-6c04a8c032ed","price":190000,"transfer_date":"2022-11-17","address":"30 EXETER PLACE, WALSALL, WEST MIDLANDS, WS2 9UQ","property_type":"S"},{"transaction_id":"ec7ad09a-6c5a-9200-e053-6c04a8c0e306","price":188000,"transfer_date":"2022-09-09","address":"53 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XQ","property_type":"S"},{"transaction_id":"ec7ad09a-6f0b-9200-e053-6c04a8c0e306","price":175000,"transfer_date":"2022-07-15","address":"17A PRIMLEY AVENUE, WALSALL, WEST MIDLANDS, WS2 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9XF","property_type":"S"},{"transaction_id":"de2d0ce0-9c2e-51ee-e053-6c04a8c00671","price":190000,"transfer_date":"2021-12-09","address":"40 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XF","property_type":"S"},{"transaction_id":"de2d0ce0-1360-51ee-e053-6c04a8c00671","price":162000,"transfer_date":"2021-11-19","address":"15 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XE","property_type":"S"},{"transaction_id":"dba933fa-3648-669d-e053-6b04a8c0ad56","price":180000,"transfer_date":"2021-10-27","address":"116 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XG","property_type":"S"},{"transaction_id":"d93b27b1-8f20-3100-e053-6c04a8c08887","price":200000,"transfer_date":"2021-10-11","address":"116 MOAT ROAD, WALSALL, WEST MIDLANDS, WS2 9PY","property_type":"S"}],"street_average_price":266250,"area_average_price":168150,"street_sale_count":2,"area_sale_count":20},"rent_range":{"low":815,"realistic":906,"optimistic":997,"geography_code":"E08000030","geography_name":"Walsall","resolved_from":"Local Authority from postcode lookup"},"rental_comparables":{"listings":[{"title":"3 Bed Semi-Detached House, Dalton Road, WS2","price_pcm":109500,"bedrooms":3,"property_type":"Semi-Detached House","source_label":"OpenRent","distance_miles":0.57,"show_url":null}],"average_price":109500,"count":1,"availability":"ready","bedrooms_filter":3,"bedrooms_filter_relaxed":false,"bedrooms_filter_source":"listing"},"property_markdown":"# 3 bedroom semi-detached house for sale (WS2 9PZ)\n\n## Property Details\n\n| Key | Value |\n|-----|-------|\n| Address | 17 BASSETT STREET, WALSALL, WEST MIDLANDS WS2 9PZ |\n| Price | \u00a3173,000 |\n| Bedrooms | 3 |\n| Bathrooms | 1 |\n| Construction age | England and Wales: 1930-1949 |\n| Floor area | 73 m\u00b2 |\n| Last sold | \u00a3174,000 Jan 2025 |\n\n## EPC Rating & Upgrade Cost\n\n- **Current rating:** D\n- **Potential rating:** B\n- **Current heating cost:** \u00a31,066\/year\n- **Est. upgrade cost to C:** \u00a311,900\n\n### Recommendations\n- B (\u00a3500 - \u00a31,500)\n- W1 (\u00a3800 - \u00a31,200)\n- G (\u00a3350 - \u00a3450)\n- N (\u00a34,000 - \u00a36,000)\n- U (\u00a33,500 - \u00a35,500)\n\n[View full EPC on gov.uk](https:\/\/find-energy-certificate.service.gov.uk\/energy-certificate\/2478-3040-4203-7894-3200)\n\n## Description\n\nThis is a 3-bedroom semi-detached house located in Walsall. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!\n\nThe home features 3 bedrooms, and a bathroom on the first floor, spacious lounge, kitchen and dining area on the ground floor, and a rear garden space.\n\nInvestment Details\n\nIt currently produces an annual gross income of \u00a37,800 which could be increased by the new owner to a market rate of \u00a39,960 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.\n\nFor greater detail on this property's investment potential, please see the Let Property Pack linked below.\n\nIf you are interested, please call us.\n\nTenancy Details\n\nThe current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.\n\nLet Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.\n\n## Property Photos\n\n- ![Photo](\/listings\/photos\/148109153\/241059)\n- ![Photo](\/listings\/photos\/148109153\/241060)\n- ![Photo](\/listings\/photos\/148109153\/241061)\n- ![Photo](\/listings\/photos\/148109153\/241062)\n- ![Photo](\/listings\/photos\/148109153\/241063)\n- ![Photo](\/listings\/photos\/148109153\/241064)\n- ![Photo](\/listings\/photos\/148109153\/241065)\n- ![Photo](\/listings\/photos\/148109153\/241066)\n- ![Photo](\/listings\/photos\/148109153\/241067)\n- ![Photo](\/listings\/photos\/148109153\/241068)\n- ![Photo](\/listings\/photos\/148109153\/241069)\n- ![Photo](\/listings\/photos\/148109153\/241070)\n- ![Photo](\/listings\/photos\/148109153\/241071)\n- ![Photo](\/listings\/photos\/148109153\/241072)\n- ![Photo](\/listings\/photos\/148109153\/241073)\n- ![Photo](\/listings\/photos\/148109153\/241074)\n- ![Photo](\/listings\/photos\/148109153\/241075)\n- ![Photo](\/listings\/photos\/148109153\/241076)\n- ![Photo](\/listings\/photos\/148109153\/241077)\n- ![Photo](\/listings\/photos\/148109153\/241078)\n- ![Photo](\/listings\/photos\/148109153\/241079)\n- ![Photo](\/listings\/photos\/148109153\/241080)\n- ![Photo](\/listings\/photos\/148109153\/241081)\n- ![Photo](\/listings\/photos\/148109153\/241082)\n\n## Floorplans\n\n- ![Floor Plan](\/listings\/photos\/148109153\/241083) - Floor Plan\n\n## FENSA Certificates\n\nThis property has 2 FENSA certificate(s) on record.\n\n### FENSA Certificate #830450\n- **Address:** 17 Bassett Street, WALSALL, WS2 9PZ\n- **Certificate Issued:** 08\/08\/2003\n- **Work Completed:** 23\/06\/2003\n- **Items:** 4 window(s)\n\n### FENSA Certificate #454170\n- **Address:** 17 Bassett Street, WALSALL, WS2 9PZ\n- **Certificate Issued:** 14\/02\/2003\n- **Work Completed:** 20\/11\/2002\n- **Items:** 2 window(s)\n\n## Sales History\n\n*Recorded sales for this property. Data from Land Registry Price Paid.*\n\n| Address | Price | Date | Type |\n|---------|-------|------|------|\n| 17 BASSETT STREET, WALSALL, WEST MIDLANDS, WS2 9PZ | \u00a3174,000 | 20\/01\/2025 | Semi-detached |\n| 17 BASSETT STREET, WALSALL, WEST MIDLANDS, WS2 9PZ | \u00a390,000 | 04\/06\/2009 | Semi-detached |\n\n## Sold Comparables\n\n*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*\n\n| Address | Price | Date | Type |\n|---------|-------|------|------|\n| [Same street] 10 BASSETT STREET, WALSALL, WEST MIDLANDS, WS2 9PZ | \u00a3257,500 | 02\/10\/2023 | Terraced |\n| 25 CHESTER PLACE, WALSALL, WEST MIDLANDS, WS2 9UT | \u00a3128,000 | 28\/09\/2023 | Semi-detached |\n| 9 RIPON ROAD, WALSALL, WEST MIDLANDS, WS2 9UU | \u00a3175,000 | 26\/07\/2023 | Semi-detached |\n| 97 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XQ | \u00a3135,000 | 02\/06\/2023 | Semi-detached |\n| 112 MOAT ROAD, WALSALL, WEST MIDLANDS, WS2 9PY | \u00a3170,000 | 10\/05\/2023 | Semi-detached |\n| 8 RIPON ROAD, WALSALL, WEST MIDLANDS, WS2 9UU | \u00a3122,000 | 11\/04\/2023 | Semi-detached |\n| 9 RIPON ROAD, WALSALL, WEST MIDLANDS, WS2 9UU | \u00a3106,000 | 11\/04\/2023 | Semi-detached |\n| [Same street] 22 BASSETT STREET, WALSALL, WEST MIDLANDS, WS2 9PZ | \u00a3275,000 | 20\/03\/2023 | Semi-detached |\n| 48 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XF | \u00a3190,000 | 06\/12\/2022 | Semi-detached |\n| 36 PARGETER STREET, WALSALL, WEST MIDLANDS, WS2 8RP | \u00a3100,000 | 30\/11\/2022 | Semi-detached |\n| 30 EXETER PLACE, WALSALL, WEST MIDLANDS, WS2 9UQ | \u00a3190,000 | 17\/11\/2022 | Semi-detached |\n| 53 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XQ | \u00a3188,000 | 09\/09\/2022 | Semi-detached |\n| 17A PRIMLEY AVENUE, WALSALL, WEST MIDLANDS, WS2 9UP | \u00a3175,000 | 15\/07\/2022 | Semi-detached |\n| 45 PRIMLEY AVENUE, WALSALL, WEST MIDLANDS, WS2 9UH | \u00a3163,000 | 06\/07\/2022 | Semi-detached |\n| 50B ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XF | \u00a3200,000 | 27\/05\/2022 | Semi-detached |\n| 22 EXETER PLACE, WALSALL, WEST MIDLANDS, WS2 9UQ | \u00a3215,000 | 28\/04\/2022 | Semi-detached |\n| 46 DRAYTON STREET, WALSALL, WEST MIDLANDS, WS2 9PP | \u00a3184,000 | 02\/03\/2022 | Semi-detached |\n| 40 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XF | \u00a3190,000 | 28\/01\/2022 | Semi-detached |\n| 40 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XF | \u00a3190,000 | 09\/12\/2021 | Semi-detached |\n| 15 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XE | \u00a3162,000 | 19\/11\/2021 | Semi-detached |\n| 116 ALUMWELL ROAD, WALSALL, WEST MIDLANDS, WS2 9XG | \u00a3180,000 | 27\/10\/2021 | Semi-detached |\n| 116 MOAT ROAD, WALSALL, WEST MIDLANDS, WS2 9PY | \u00a3200,000 | 11\/10\/2021 | Semi-detached |\n\n**Street average:** \u00a3266,250 (2 sales)\n**Area average:** \u00a3168,150 (20 sales)\n\n## Price vs local average\n\n*Outcode + property type (HousePrices, last 2 years).*\n\n- **Local average:** \u00a3196,281 (32 Semi-detached, WS2, 2024\u20132026)\n- **Deviation:** -11.9%\n\n## Rental Range\n\n*ONS Price Index of Private Rents (Walsall). Low \/ Realistic \/ Optimistic = conservative \/ average \/ best case.*\n\n- **Low:** \u00a3815\/mo\n- **Realistic:** \u00a3906\/mo\n- **Optimistic:** \u00a3997\/mo\n\n## LHA (Local Housing Allowance)\n\n*VOA 30th percentile rent floor for Black Country (Apr 2025 \u2013 Mar 2026).*\n\n- **LHA floor (this property size):** \u00a3748\/mo\n\n## Rental Comparables\n\n*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*\n\n| Title | Rent | Beds | Distance | As seen on |\n|------|------|------|------|------|\n| 3 Bed Semi-Detached House, Dalton Road, WS2 | \u00a31,095\/mo | 3 | 0.57 miles | OpenRent |\n\n**Average rent: \u00a31,095\/mo (1 listing)**\n\n## 1% Rule\n\n- **Rent ratio:** 0.63% (weak for cashflow)\n- **Max investor price (0.8%):** \u00a3136,875\n- **Target investor price (1%):** \u00a3109,500\n\n*Monthly rent \u00f7 price. 1%+ = strong, 0.8\u20131% = okay, <0.8% = weak. Max investor price = rent \u00f7 0.8% (Stoke-style target). Target investor price = rent \u00f7 1% (strong cashflow band). Based on OpenRent comparables.*\n\n## Rent-driven metrics\n\n*Based on OpenRent comparables (median \u00a31,095\/mo).*\n\n- **Gross yield:** 7.6%\n- **Cost-to-rent:** 13.2\u00d7\n- **Monthly cashflow:** \u00a3279\/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)\n- **Cash-on-cash ROI:** 6.7%\n\n*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price \u00f7 annual rent (from OpenRent comparables); under 14\u00d7 = strong, 14\u201316\u00d7 = acceptable, 17\u00d7+ = compressed. Cashflow = rent \u2212 mortgage \u2212 10% maintenance \u2212 \u00a325\/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit \u00f7 cash in (deposit + 4% purchase costs).*\n\n## Price per Square Metre\n\n- **\u00a3\/m\u00b2:** \u00a32,370\/m\u00b2\n\n## Capital growth trend\n\n*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*\n\n- **5y growth:** 43.9%\n- **10y growth:** 86.4%\n\n## House Price Index (HM Land Registry)\n\n*Official index for Walsall; Semi-detached series; as of March 2026.*\n\n- **1y growth (index):** 2.4%\n- **5y growth (index):** 24.1%\n- **10y growth (index):** 66.1%\n\n## Flood risk\n\n- **Zone:** 2\n- **Risk:** In flood risk area\n- **Source:** Environment Agency Flood Risk Areas (APSFR)\n\n[Check long-term flood risk (GOV.UK)](https:\/\/check-long-term-flood-risk.service.gov.uk\/postcode)\n","energy_certificate":{"id":22926,"lmk_key":"2ae42ebef7ce2ed84b739934fd738d10f1036e053c6ba8b70305da79c7b758dc","certificate_number":"2478-3040-4203-7894-3200","uprn":100071033938,"current_energy_rating":"D","potential_energy_rating":"B","current_energy_efficiency":64,"potential_energy_efficiency":84,"heating_cost_current":"1066.00","heating_cost_potential":"750.00","total_floor_area":"73.00","habitable_room_count":5,"heated_room_count":5,"number_baths":null,"construction_age_band":"England and Wales: 1930-1949","walls_description":null,"roof_description":null,"mainheat_description":null,"windows_description":null,"glazed_type":null,"inspection_date":"2024-07-23T00:00:00.000000Z","lodgement_date":"2024-07-27T00:00:00.000000Z","address":"17 Bassett Street, WALSALL","postcode":"WS2 9PZ","property_type":"Detached","built_form":"2","created_at":"2026-03-26T21:02:33.000000Z","updated_at":"2026-04-26T04:32:45.000000Z","recommendations":[{"id":8323339,"energy_certificate_id":22926,"improvement_item":1,"improvement_summary_text":"B","improvement_descr_text":"","improvement_id":6,"improvement_id_text":"","indicative_cost":"\u00a3500 - \u00a31,500","created_at":"2026-06-06T23:20:34.000000Z","updated_at":"2026-06-06T23:20:34.000000Z"},{"id":8323340,"energy_certificate_id":22926,"improvement_item":2,"improvement_summary_text":"W1","improvement_descr_text":"","improvement_id":57,"improvement_id_text":"","indicative_cost":"\u00a3800 - \u00a31,200","created_at":"2026-06-06T23:20:34.000000Z","updated_at":"2026-06-06T23:20:34.000000Z"},{"id":8323341,"energy_certificate_id":22926,"improvement_item":3,"improvement_summary_text":"G","improvement_descr_text":"","improvement_id":14,"improvement_id_text":"","indicative_cost":"\u00a3350 - \u00a3450","created_at":"2026-06-06T23:20:34.000000Z","updated_at":"2026-06-06T23:20:34.000000Z"},{"id":8323342,"energy_certificate_id":22926,"improvement_item":4,"improvement_summary_text":"N","improvement_descr_text":"","improvement_id":19,"improvement_id_text":"","indicative_cost":"\u00a34,000 - \u00a36,000","created_at":"2026-06-06T23:20:34.000000Z","updated_at":"2026-06-06T23:20:34.000000Z"},{"id":8323343,"energy_certificate_id":22926,"improvement_item":5,"improvement_summary_text":"U","improvement_descr_text":"","improvement_id":34,"improvement_id_text":"","indicative_cost":"\u00a33,500 - \u00a35,500","created_at":"2026-06-06T23:20:34.000000Z","updated_at":"2026-06-06T23:20:34.000000Z"}],"estimated_upgrade_cost_to_c":11900,"is_below_c":true},"fensa_certificates_count":2,"page_data":{"listing":{"id":11119,"reference":"148109153","slug":"73b90ce","slug_hash":"73b90cef7e3d3690dcb250d43bb4c4dfca6d8279","portal":"rightmove","channel":"RES_BUY","meta":{"agentBranchId":246740,"agentBranchName":"Glasgow","agentCompanyName":"Let Property Sales","shortDescription":"3 bedroom semi-detached house for sale","listingUpdateReason":"Reduced on 31\/07\/2024","isCommercial":false,"propertySubType":"Semi-Detached","propertyTypeDisplay":"Semi-detached","bedrooms":3,"bathrooms":1,"addedDate":"2024-05-17","soldSTC":false,"latitude":52.58422,"longitude":-2.00173,"primaryPrice":"\u00a3173,000","price":173000,"displayPriceQualifier":"Offers Over","postcode":"WS2 9PZ","displayAddress":"Bassett Street, Walsall, West Midlands, WS2","encId":"aodZCjFIPQsHJPVGIJODKwgi-Wzy54W3n7uhTA==","councilTaxBand":null,"brochure":"https:\/\/media.rightmove.co.uk\/property-brochure\/4d6470faa\/148109153\/4d6470faac16e0fd1a033b103a7d7387.pdf","description":"This is a 3-bedroom semi-detached house located in Walsall. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!\n\nThe home features 3 bedrooms, and a bathroom on the first floor, spacious lounge, kitchen and dining area on the ground floor, and a rear garden space.\n\nInvestment Details\n\nIt currently produces an annual gross income of \u00a37,800 which could be increased by the new owner to a market rate of \u00a39,960 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.\n\nFor greater detail on this property's investment potential, please see the Let Property Pack linked below.\n\nIf you are interested, please call us.\n\nTenancy Details\n\nThe current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.\n\nLet Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.","floorplans":[{"url":"https:\/\/media.rightmove.co.uk\/property-floorplan\/7916ae510\/148109153\/7916ae510dfb9f1f7b4165157e04f5f0.png","caption":"Floor Plan","type":"IMAGE","resizedFloorplanUrls":{"size296x197":"https:\/\/media.rightmove.co.uk\/dir\/property-floorplan\/7916ae510\/148109153\/7916ae510dfb9f1f7b4165157e04f5f0_max_296x197.png"}}],"epcGraphs":[],"tenure":{"tenureType":"FREEHOLD","yearsRemainingOnLease":null,"message":null},"keyFeatures":["Buy-to-Let Opportunity","Long Term Tenant Currently Situated","Likely to attract enquiries from Serious Investors &amp; Developers.","3 Bedrooms","Spacious Lounge","Rear Garden Space","INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)"],"features":{"featuresTable":{"Electricity":"\u2014","Broadband":"\u2014","Water":"\u2014","Sewerage":"\u2014","Heating":"\u2014","Accessibility":"\u2014","Parking":"\u2014","Garden":"Rear garden","Listed 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INFORMATION \nBassett Street, Alumwell, \nWalsall WS2\n203736037    \nLET PROPERTY PACK\n\nProperty Description\nOur latest listing is in Bassett Street, Alumwell, \nWalsall WS2\n\nGet instant cash \ufb02ow of \u00a3650 per calendar \nmonth with a 3.6% Gross Yield for investors.\n\nThis property has a potential to rent for \u00a3830 \nwhich would provide the investor a Gross Yield \nof  4.6% if the rent was increased to market \nrate.\n\nWith a tenant currently situated, a space \nthat has been kept in good condition and a \nrental income that ensures fantastic returns, \nthis property will make for a rewarding \naddition to an investors portfolio.\n\nDon\u2019t miss out on this fantastic investment \nopportunity...\n\nProperty Key Features\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nRear Garden Space\n\n  Bassett Street, Alumwell, \nWalsall WS2\n203736037 \nFactor Fees: \u00a30.00\n\nGround Rent: Freehold\n\nLease Length: Freehold\n\nCurrent Rent: \u00a3650\n\nMarket Rent: \u00a3830\n\nLounge\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nKitchen\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nBedrooms\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nBathroom\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nExterior\n3 Bedrooms\n\n1 Bathroom\n\nSpacious Lounge\n\nBalcony\n\nInitial Outlay\nASSUMED PURCHASE PRICE \n\n  \nFigures based on assumed \npurchase price of \u00a3215,000.00 and \nborrowing of \u00a3161,250.00 at 75% \nLoan To Value (LTV) and an \nestimated 5% \ufb01xed term interest \nrate.\n215,000\n25% Deposit\t\u00a353,750.00\nSDLT Charge\t6450\nLegal Fees\t\u00a31,000.00\nTotal Investment\t\u00a361,200.00\n\nProjected Investment Return  \n830\nReturns Based on Rental Income \t\u00a3650 \u00a3830\nMortgage Payments on \u00a3161,250.00 @ 5% \t\u00a3671.88\nEst. Building Cover (Insurance)\t\u00a315.00\nApprox. Factor Fees\t\u00a30.00\nGround Rent\tFreehold\nLetting Fees\t\u00a365.00 \u00a383.00\nTotal Monthly Costs\t\u00a3751.88 \u00a3769.88\nMonthly Net Income\t-\u00a3102 \u00a360\nAnnual Net Income\t-\u00a31,223 \u00a3722\nNet Return\t-2.00% 1.18% \nThe monthly rent of this property is \ncurrently set at \u00a3650 per calendar month \nbut the potential market rent is\nOur industry leading letting agency \nLet Property Management has an \nexisting relationship with the tenant \nin situ and can provide advice on \nachieving full market rent.\n\nReturn Stress Test Analysis\nReport\nIf the tenant was to leave and you missed 2 months of \nrental income\nIf Interest Rates increased by 2% (from 5% to 7%)\nAnnual Net Income \nAdjusted To\n-\u00a32,504\nNet Return -4.09%\nAnnual Net Income \nAdjusted To\n-\u00a3939\nNet Return -1.53%\n\nSale Comparables Report\nThis report shows comparable sold properties in the area using Land Registry sold \ninformation. There are comparable properties in the area selling for as much as \u00a3200,000.\n\nRent Comparables Report\nThis property is situated in a high demand rental area with rents achieving as much as \n\u00a3975 based on the analysis carried out by our letting team at Let Property Management .\n\nCurrent Tenant Pro\ufb01le\nAs this property is currently tenanted, we\u2019ve created a tenant pro\ufb01le report to \nshowcase the current agreement of occupancy in place with this property.\nTenancy Agreement in place: YES \nFully compliant tenancy: YES\nCurrent term of tenancy: 2 years+\nPayment history: On time for length of tenancy\nFully compliant tenancy including \nEICR & Gas Safety in order\nDisclaimer: All information is collected from the seller of the property and must be con\ufb01rmed at legal completion. Proof \nwill be provided for all documents after your offer has been accepted. If there are any inaccuracies with documentation \nor compliance, Let Property will ensure that everything is in place before completion of the property.\nStandard Tenancy Agreement In \nPlace: YES\n\nInterested in this \nproperty investment? \nBassett Street, Alumwell, Walsall WS2\n\n203736037    \nCall us on\n0141 478 0985\nLet Property is not liable for any inaccuracies within this \ninvestment pack. All information was provided by the \nproperty seller or by a 3rd party RICS Chartered Surveyor.","brochureParsedAddress":null,"constructionAgeBand":"England and Wales: 1930-1949","totalFloorArea":73},"source_data":{"id":"148109153","encId":"aodZCjFIPQsHJPVGIJODKwgi-Wzy54W3n7uhTA==","buildingId":null,"status":{"published":false,"archived":true},"text":{"description":"This is a 3-bedroom semi-detached house located in Walsall. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!\r<br \/>\r<br \/>The home features 3 bedrooms, and a bathroom on the first floor, spacious lounge, kitchen and dining area on the ground floor, and a rear garden space.\r<br \/>\r<br \/>Investment Details\r<br \/>\r<br \/>It currently produces an annual gross income of \u00a37,800 which could be increased by the new owner to a market rate of \u00a39,960 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.\r<br \/>\r<br \/>For greater detail on this property's investment potential, please see the Let Property Pack linked below.\r<br \/>\r<br \/>If you are interested, please call us.\r<br \/>\r<br \/>Tenancy Details\r<br \/>\r<br \/>The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.\r<br \/>\r<br \/>Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.","propertyPhrase":"3 bedroom semi-detached house","disclaimer":"<b>Disclaimer<\/b> - Property reference 203736037. 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. 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