Walsall Landlords, Which Party Will You Vote For In The 2019 General Election?

Walsall Landlords, Which Party Will You Vote For In The 2019 General Election?
Walsall Landlords, Which Party Will You Vote For In The 2019 General Election?

I got stopped in the street the other day…not for a stop and search but by a local landlord who recognised me!  As the story goes, we started to talk about the local property market.  He was uncertain which way to vote and wanted my opinion.  There is so much talk with a nauseas amount of noise from all corners that it’s almost impossible to weigh up the pros and cons for Walsall landlords and Walsall property owners.  I mean if I could have it my way, I would love to take some manifesto ideas I like from one party and attached it to the manifesto of another to create my own…wishful thinking…

…so, as Thursday 12th December draws closer, I’m keen to find out which parties Walsall landlords are backing in the General Election.  If you’re unsure on who to vote for, I have put together a summary of each party’s housing and rental plans to help you find out everything you need to know before polling day.

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My BTL Deal of the Week 2 Bed Semi Northumberland Way Walsall WS2 With Yields Of 5.57%.

I’m returning to another very popular estate for rental property for Walsall landlords. Listed 3 days ago this two bedroom semi detached house is being marketed at offers for £140k by Connells (01922 716026). Another perfect spec ready for a quick let. I would say the asking price is slightly over the ‘going rate’ for similar property types and specs on the estate.

There are two double bedrooms, as well as a family bathroom.  A modern kitchen with integrated white goods, a small low maintenance rear garden and off-road parking. It would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities lending easy access to Walsall town centre.

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My Buy To Let Deal of The Week 2 Bed Semi Yorkshire Grove Walsall WS2 Yields 5.57%.

A two bedroom semi detached house on a popular newbuild estate in Walsall, WS2. Marketed by Goodchilds (Call 01922 312016 ) with an asking price of £140k.

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Homeowners of Walsall – Is your mortgage paid off?

Walsall Homeowners – Is your mortgage paid off?

The Government’s Annual Housing Survey is 50 years old this year. It has taken a snap shot of the UK’s property market every year since 1969 and in the recently published report for 2018, it wasn’t a surprise that owner occupation is still the most predominant tenure, yet now more people own their home without a mortgage rather than having a mortgage as the number of people buying their first home (obviously with a mortgage) has declined since the Millennium.  The report also shows homeowners (mortgaged and owned outright) are, on average, older than renters and between the homeowners themselves, those who are mortgage free are older than those with a mortgage.

Looking at the most recent data for Walsall, I wanted to see how we compared to the national picture.  Therefore, focusing on the main 4 tenures of owned outright, owned with a mortgage, social housing (i.e. Council Housing and Housing Association) and private rented, this is what I found out…

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My BTL Deal Of The Week, Kenilworth Crescent, Walsall, WS2 With Yields Of 5.76%.

A two bedroom semi detached house on the popular Reedswood estate in Walsall, WS2. The property will need some changes to the decor, but otherwise is perfect for rental.

There are two double bedrooms, one with fitted wardrobes.  A modern kitchen with integrated oven/ hob, a family bathroom with shower, a fair sized rear garden and off-road parking. It would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities lending easy access to Walsall town centre plus Reedswood Retail Park is just around the corner.

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My BTL Deal of the Week 2 Bed Terraced House, Penmire Grove, Walsall, WS4. With Yields Of 4.93%.

A 2 bedroom terraced house on Penmire Grove a new build housing estate about half a mile south of Rushall, Walsall, WS4. The property is being marketed by I Love Homes (01922 345905).

The spec looks perfectly on the money. Marketed at offers of over £140k, however it is I think that the price is a bit too optimistic as the last sale price was £131k 7 years ago.

The estate has an exclusive feel about it as it is somewhat off the beaten track. There is double glazing and gas central heating and off-road parking and is within easy reach of the major transport networks making quick commuting to other town centrs close by. There are a large variety of schools all within a mile plus healthcare and shopping amenities locally.

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My BTL Deal of the Week is a 2 Bed Semi Walsall WS2 By Modern Method of Auction Yields 8.25%

A 2 bed semi detached house on Monmouth Road, Bentley, Walsall, WS5. On the market with Lovett & Co (01543 526007) and priced at £80k Full details can be found here.

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