My Walsall BTL deal of the week is a little different this week. It certainly isn’t for the faint hearted or newbie landlord with the asking price in the region of £1m (£1,000,000.00)! I thought it was worth a mention on the Blog as it’s different to the usual type of stock we see and this type of property doesn’t come along very often.
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Since going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being briefed as late as Wednesday 19th August that this freeze in evictions in England and Wales would cease on the 23rd August. That was until just after 4pm Friday 21st August when Mr Jenrick, the Housing Minister, announced that the eviction ban would be extended for a further four weeks and buy to let landlords must also now give their tenants six months notice to gain possession.
Cue crocodile tears for all the 4,291 Walsall landlords
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A two bed terraced house on Delamere drive, Walsall, WS5. Listed 3 days ago. Another very good investment opportunity if you are a Walsall landlord,.
The property is situated on a newbuild site on the Yew Tree estate, which is excellent for rentals. There are Plenty of photos for the property showing it off well. The property is ideal and does not require any changes to the decor, garden or driveway. I do urge a viewing ASAP!
It’s on the market with Acorns & Co. (01922 312060). Arrange a viewing today!
A two bed semi detached house on Yorkshire grove, Walsall, WS2. Listed approx. three weeks ago, therefore I smell a potential bargain. This is a very good investment opportunity if you are a Walsall landlord,.
The property is situated on a very popular estate for rentals just off Bloxwich road leading out of Walsall town centre. Plenty of photos for this property, really show it off well. The property is ideal and does not require any changes to the decor, just maybe a small amount of tlc to the rear garden. I do urge a viewing ASAP!
It’s on the market with Webbs Estate Agents (01922 345939). Arrange a viewing today!
A two bed semi detached house on Northumberland Way, Walsall, WS2. Listed yesterday, another top notch investment opportunity if you are a Walsall landlord, viewing higly recommended.
The property is situated on a very popular estate for rentals. I don’t know what is happening with some agents recently and the lack of photos, but this one has suffered the same fate. At least we have photos of the kitchen, living room and rear garden as well as the external front elevation. It ticks all the right boxes, but I do urge a viewing ASAP!
It’s on the markert with Lovett & Co. (01543 526007). Arrange a viewing today!
A two bed semi detached house on Nottingham New Road, WS2. This is just a quickie today and if you are a Walsall landlord you need to act on this one NOW!
The property is situated on a very popular estate for rentals. Unfortunately the listing on Zoopla lacks all the necessary photos. There are four and all of the external of the property, nothing internal and the proeprty has been on the market since 02/07/2020, go figure. On the face of it, the property hits all the marks for a rental, but without knowing what the property has to offer visually, it’s a moot point. Therefore, you need to arrange a viewing ASAP!
It’s on the markert with Homepoint (01922 312002). Arrange a viewing today!
A two bed semi detached house on Kenilworth Crescent, WS2. If you are a Walsall landlord you may or may not know that right now properties like this are selling like hot cakes in the BTL market. So, if you are in a position that you have 130k cash to invest in a property like this, I would seriously recommend that you take a look at this bad boy asap. How do i know this? I am currently sourcing properties for my local clients at this moment in time and I have my eye on thhis one. If you don’t snap it up, someone will, very quickly. This is a perfect property for a long-term BTL. Listed 3 days ago this two bedroom semi detached house is being marketed at £130k by Bairstow eves (01922 312791). Unfortunately, there are photos missing of the kitchen and bathroom, but as I always say, that is what viewings are for. The decor looks pretty much half decent and the garden looks like it needs some minor outlay and tlc to bring it up to spec, but other than that it is pretty much good to go.
My Blog reading friends may be aware of the ‘eviction ban’ introduced at the start of the pandemic. The good news is this is being lifted on the 23rd August 2020.
Our government recently announced changes to the eviction processes in England and Wales. These temporary measures aim to help the courts cope with the influx of possession proceedings once the ‘eviction ban’ is lifted.
The changes include claimants needing to issue a “reactivation notice” to resume halted evictions and will be effective until March 28th, 2021.
As if Walsall landlords and landlords across the country don’t have enough to contend with, new rules on Electrical Inspection Condition Reports (EICR) has kicked in from this month.
In my day job at Ashmore Lettings & Sales, historically we have always advised landlords to conduct this check to obtain a condition report. Therefore, most of our clients are already ahead of the game. I have to admit, explaining this to some landlords has been an uphill battle especially, when my colleagues in the industry dissuaded many Walsall landlords to not obtain an EICR.
Here’s an overview of the changes:
It may be a case of de-ja-vu but I’m pretty certain I went to see this property last year when it was on the market with another agent. At the time I was sourcing a BTL property for one of my property sourcing clients and knew, with a bit of TLC, this property would make a great rental. It was snapped up very quickly back then but it seems, for some reason, the sale probably fell through which, can sometimes happen if the buyer is not able to secure a mortgage or arrange the funds etc. For Walsall landlords this is a perfect property for a long-term BTL. Listed 3 days ago this two bedroom semi detached house is being marketed at offers over £130k by our colleagues iLove Homes (01922 345905). Another perfect spec ready for a quick let. From the pictures and if my memory serves me correct, I would say the property has had an upgrade of the kitchen units and bathroom suite. The decor looks in good order but I would definitely change the carpet in the lounge and one of the bedroom upstairs to something more hard wearing and neutral.
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