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Providence Lane, Walsall, West Midlands, WS3

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

We are pleased to present an exceptional investment opportunity to acquire a portfolio of six charming Victorian terraced properties located on Providence Lane in Walsall.

Investment Opportunity: Victorian Terraced Properties on Providence Lane, Walsall

Property Details:
Location: Providence Lane, Walsall, WS3 2AQ

Number of Properties: 6 Victorian Terraced Houses

Type: Residential Investment Opportunity

Overview:
We are pleased to present an exceptional investment opportunity to acquire a portfolio of six charming Victorian terraced properties located on Providence Lane in Walsall. These properties offer a unique blend of historical charm and modern convenience, making them highly attractive to potential tenants and investors alike.

Individual Property Details:
36 Providence Lane
Bedrooms/Bathrooms: 3 Bed, 1 Bath
Current Rental Amount: £495.00 per month
Tenancy Agreement Terms: Periodic

38 Providence Lane
Bedrooms/Bathrooms: 3 Bed, 1 Bath
Current Rental Amount: £510.00 per month
Tenancy Agreement Terms: Periodic

40 Providence Lane
Bedrooms/Bathrooms: 2 Bed, 1 Bath
Current Rental Amount: £495.00 per month
Tenancy Agreement Terms: Periodic

42 Providence Lane
Bedrooms/Bathrooms: 3 Bed, 1 Bath
Current Rental Amount: £725.00 per month
Tenancy Agreement Terms: Fixed

44 Providence Lane
Bedrooms/Bathrooms: 3 Bed, 1 Bath
Current Rental Amount: £725.00 per month
Tenancy Agreement Terms: Fixed

46 Providence Lane
Bedrooms/Bathrooms: 3 Bed, 1 Bath
Current Rental Amount: £495.00 per month
Tenancy Agreement Terms: Periodic

Location:
Proximity to Amenities: Located in the heart of Walsall, Providence Lane is within walking distance of local shops, schools, and recreational facilities, ensuring convenience for residents.

Transport Links: The properties are well-served by public transport, with easy access to Walsall train station and major bus routes, as well as close proximity to the M6 motorway, facilitating commuting to Birmingham and other nearby cities.

Local Attractions: Nearby attractions include Walsall Arboretum, the New Art Gallery Walsall, and an array of dining and entertainment options, enhancing the appeal for potential tenants.

Investment Highlights:
High Rental Demand: Walsall has a strong rental market with high demand for quality rental properties, ensuring consistent occupancy rates.

Potential for Capital Growth: The area is experiencing ongoing development and regeneration, which is likely to contribute to property value appreciation over time.

Attractive Rental Yields: The combination of high demand and competitive rental rates offers attractive yields for investors.

Stable Income Stream: With six properties, investors can benefit from a diversified and stable rental income stream.

Financial Information:
Asking Price: 800,000
Estimated Rental Income: £3,445.00 per month (based on current rental amounts)
Yield: 5.16%

Conclusion:
This portfolio of six Victorian terraced properties on Providence Lane represents a prime investment opportunity in Walsall. With their timeless appeal, modern updates, and strong rental potential, these properties are poised to deliver substantial returns for discerning investors. Don't miss out on the chance to add these exceptional assets to your investment portfolio.

For further details or to arrange a viewing, please contact our Land and New Homes Team.

Invest in the charm and reliability of Victorian architecture combined with modern living - invest in Providence Lane, Walsall.

AGENTS NOTE:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.

All imagery, CGI's and floorplans have been used to reflect the end product and may be subject to change.

FIXTURES AND FITTINGS:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.

TENURE:
The property is Freehold with vacant possession upon completion of the purchase.

SERVICES:
All mains’ services are connected.

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Particulars
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.
Band: TBC
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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Providence Lane, Walsall, West Midlands, WS3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bloxwich Station1.0 miles
  • Walsall Station1.6 miles
  • Bloxwich North Station1.6 miles
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About the agent

John Shepherd, West Midlands - Land and New Homes

6-8 Drury Lane Solihull B91 3BD

John Shepherd, West Midlands - Land and New Homes

At John Shepherd, we believe in moving you forward. Since 1991, we've been building long-term vision and weaving a twist of technology into every John Shepherd experience. It’s the key to our success in the West Midlands, Warwickshire, Worcestershire and Staffordshire, where our experienced sales

team live and work. This adds value to the full range of property services you’d expect from the area’s leading estate agent.

Our prowess is flexed to suit buyers, sellers, tenants and la

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference JSN240039. 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 John Shepherd, West Midlands - Land and New Homes. 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.
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