£200,000
5 bedroom semi-detached house for sale
Follyhouse Lane, Walsall
semi-detached house 
5 bedrooms Property description
This traditionally styled semi detached property is a fully licenced HMO, Licence Number M[use Contact Agent Button]25-x119 and has recently been modernised throughout.
The property is currently let on a Company Let Agreement for a period of 60 months starting 9th May 2025 at a rental of £1,900.00 PCM, therefore offering a gross 10% yield at guide price.
The property has not been inspected by the Auctoneer but are advised that it is set over two floors and has five bedrooms, communal lounge and kitchen (the floorplan shows a wall between these two rooms, however this does not exist and is open plan), bathroom.
The property is situated in a popular residential area within a short distance of Walsall Town Centre and public transport services.
Additional Fees
Buyers Premium 1% plus vatAdministration Charge - £1,440.00 inc VAT payable on exchange of contracts.Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Council Tax Band: B
Tenure: Freehold
The property is currently let on a Company Let Agreement for a period of 60 months starting 9th May 2025 at a rental of £1,900.00 PCM, therefore offering a gross 10% yield at guide price.
The property has not been inspected by the Auctoneer but are advised that it is set over two floors and has five bedrooms, communal lounge and kitchen (the floorplan shows a wall between these two rooms, however this does not exist and is open plan), bathroom.
The property is situated in a popular residential area within a short distance of Walsall Town Centre and public transport services.
Additional Fees
Buyers Premium 1% plus vatAdministration Charge - £1,440.00 inc VAT payable on exchange of contracts.Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Council Tax Band: B
Tenure: Freehold
Property photos
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First listed
Over a month agoEnergy Performance Certificate
Follyhouse Lane, Walsall
Marketed by
Auction House - Birmingham 49A Anchor Road Aldridge, Walsall WS9 8PTCall agent on 01922 312818
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Follyhouse Lane, Walsall - Streetview
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