Author: Head of Juicing @Ashmore Lettings & Sales Ltd

Would you buy a leasehold house in Walsall?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , , , ,
Would you buy a leasehold house in Walsall?
Would you buy a leasehold house in Walsall?

Following on from last week’s article and my marathon break from the blog – I’ve had some interesting queries around freehold and leasehold property.  I have written about this subject in the past (click HERE for the previous article) however, the theme I’ve noticed amongst my blog reading friends requests is…’which one is the more beneficial?’

In total there are 23.36 million properties in England and Wales with 64% being of owner occupied tenure and 36% being rented (includes both the private and social landlords).

Over nine out of ten of those English and Welsh owner-occupied properties are a whole house or bungalow. Now, most people would assume they would be freehold – however, of those renting nearly half of rental properties, 44% to be precise, lived in other leasehold apartments and flats.

Continue reading →

Today’s Buy To let Deal Yields 5.71%. 2 Bed Semi Detached House Balmoral Way, Walsall, WS2.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

An immaculately presented two bedroom Semi Detached house, Balmoral Way, Walsall, WS2. The asking price is for offers over £125k and currently marketed by Purple Bricks (01926 267659). At a rental of at least £595.00 the yield will be 5.71%. Let’s check out why this is such a good investment.

Firstly, the location is absolutely spot-on. Close enough to Walsall town centre and located on the border of the burgeoning Reedswood estate. Quick and easy access to the M6, Reedswood Retail park on Reedswood Way, over a dozen schools plus numerous healthcare and sports facilities.

Lets’s take a look inside…

Continue reading →

Walsall Property Market Update – After the Holiday & Since the General Election…

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , ,
Walsall – After the Holiday & Since the General Election
Walsall – After the Holiday & Since the General Election

Back on the Blog after the longest break I’ve had in two years and a record number of weddings attended!!  With schools opening up this week, I don’t know about you, but I’ll be glad to see the back end of the kids.  Whilst away I have received numerous email requests to discuss various topics of interest by my readers.  I picked the one requested most but I promise to try and get around addressing them all over the coming weeks.

Housing has always been the Cinderella issue at General Elections.  Policing, NHS, Education, Tax and Pensions etc., are always headline grabbing stuff and always seem to go to ‘the ball’. However, housing, which affects all our lives, always seems to get left behind and forgotten.

Nonetheless, the way the politicians act on housing can have a fundamental effect on the wellbeing of the UK plc and the nation as a whole.

Continue reading →

Today’s Buy To Let Deal Yields 5.77%, 3 Bed Terraced House, Hadley Way, Walsall, WS2.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

A 3 bedroom terraced house in the Beechdale area of Walsall. Marketed with Webs estate agents (01922 312727). A highly impressive spec on this one and could be absolutely ready to let.

Continue reading →

Walsall Property Blog on Holiday!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , ,
Walsall Property Blog on Holiday
Walsall Property Blog on Holiday

Keeping a blog updated can be an exhausting affair so I’ve decided to take a break especially, since the children have holidays.  The wedding season is also in full swing (I’m attending two weddings next week!!).  I hope to return to the blog towards the end of the month.

 

In the meantime, why not visit these property related websites to hone your property investor acumen?

http://www.landlordlaw.co.uk/ – This is a great resource of useful information, especially on legal issues.

www.periodproperty.co.uk is, as you can imagine, the place to find a thatched, listed or historic home, while www.propertyauctions.com lists dates and reserve prices on upcoming auctions plus tips for those bidding for the first time.

www.firstrungnow.com targets first-time buyers and has information on low cost properties for sale. Young buyers wanting to pool resources can find a co-buyer on www.sharedspaces.co.uk or www.co-buywithme.co.uk.

Whilst I’m away if there is anything you would like me to pick up on/ discuss/ write about upon my return please send me an email or message me via any of my social media sites.  Take care and happy holidays…

Phone: 01922 311016

Email: salekm@ashmorelettings.co.uk

 

Today’s Buy To Let Deal Yields 5.08%, A 3 Bed House, Lumley Road, Walsall, WS1.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

A 3 bedroom terraced house on Lumley Road, Walsall, WS1. The property is being marketed by Acorns & Co (01922 312 060). This is a pretty standard spec, but will probably need some decor changes. Marketed at £130k, which I think is slightly overpriced.

Continue reading →

17.7% of Walsall owner-occupying OAP’s are in poor health!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
17.7% of Walsall owner-occupying OAP’s are in poor health!
17.7% of Walsall owner-occupying OAP’s are in poor health!

“Why should Walsall’s pensioners be forced to downsize? A question I received via social media a couple of weeks ago.  The mature member of a Walsall society came across my article I wrote at the start of the year (see article HERE), about Walsall pensioners feeling trapped in their homes.

There are around 24,000 home owning OAP’s in Walsall.

After working hard for a life time and buying a home for themselves and their family, the children have flown the nest and now they are left to rattle around in a big house. Many feel trapped in their large homes, hence I dubbed these Walsall home owning mature members of our society, ‘Generation Trapped’.

So, should we force OAP Walsall homeowners to downsize?

Continue reading →

Today’s Buy To Let Deal Yields 5.28%, Poppy Drive, Walsall, WS5.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

A two bedroom terraced house, Poppy Drive, Tamebridge, Walsall, WS5. Billed as a fantastic buy to let investment opportunity by Purple Bricks (01926 267659) and at a reasonable £125k asking price. You can find the full property details here.

Situated in the highly popular Tamebridge estate, which is a very popular location long term letting.

Continue reading →

Walsall people move 19.32 miles when relocating…

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , ,
How far do Walsall people move house?
How far do Walsall people move house?

 “When Walsall people move home how far do they actually go?” This was a fascinating question asked by one of my clients the other week. Readers of my blog will know I love a challenge, especially when it comes to talking about the Walsall Property Market!

 For the majority, the response is not very far. It is much more common for homeowners and tenants in Great Britain to move across town than to the next town or county. Until now, it’s been hard to say how many homeowners and tenants moved from (and to) relatively far away to buy or rent their new home. However, I carried out some research and requested some statistics from the Royal Mail. What came back was very interesting to say the least!

Continue reading →

Today’s Buy To Let Deal Yields 5.75%, 2 Bed Semi, Elm Road, Walsall, WS3.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

A 2 bedroom semi detached house in the Leamore area of Walsall, currently marketed by Goodchilds (01922 312016). The property could be rented as it is, but it does have a very unique style about it, so I would recommend making changes to the decor, but it is not absolutely essential.

Continue reading →