A family home with a spacious garden at the rear and a curtilage at the front of the property, which could be used for off-road parking. All three bedrooms are double sized, with the smallest bedroom having some form of storage space.
Carrying on from my last BTL deal, here’s another that could potentially be a fine investment opportunity. Well, disappointingly only one photo present, so get on the blower and make an appointment for a viewing!
Walsall Property Blog is Taking a Well Earned Rest!!
Keeping a blog updated can be an exhausting affair and the last time I took a break was August 2017 so, I’ve decided to take a well earned rest!! I hope to return to the blog towards the end of November 2018.
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 and Tessa Shepperson’s Blog has some golden nuggets…
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 (great resource if you are seeking a fixer-upper.
This resource/ guide from Martin Lewis is extremely useful for first-time buyers www.moneysavingexpert.com.
Think you can’t afford to buy a property just yet? How about buying as a co-sharer with a friend or family? Visit www.ourproperty.co.uk to learn more about turning this possibility into reality.
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 wish me happy holidays…
Well, it’s been a while since I highlighted a property like this. So, for all of you out there in investor land, who want a complete blank canvas to work with, here is my latest offering.
Only recently added to the sales market, this is technically a two bed semi with a loft conversion for the third bedroom, but we will call it a three bed just for the sake of argument. Situated on Edinburgh Avenue, Walsall, WS2. Currently marketed with Purple Bricks 0121 721 9601 for an asking price of £125k and based on a minimum pcm rental of £550.00 will yield 5.28%.
A superbly presented three bedroom semi detached house on Raymond close, Walsall, WS2. I recommend you arrange a viewing sooner rather than later as this is going to get snapped up pretty soon.
Over the last couple of decades, the rise in the number buy to let properties in Walsall has been nothing short of extraordinary. Many in the “left leaning” press have spoken of a broken nation, the fact many youngsters are unable to buy their first home with the rise of a new cohort of younger renters, whom have been daubed ‘Generation Rent’ as landlords hoover up all the properties for their buy to let property empires. Government has been blamed in the past for giving landlords an unfair advantage with the tax system. It is also true many of my fellow professionals have done nothing to cover themselves in glory, with some suspect, if not on some rare occasions, downright dubious practices.
Yet has the vilification and unfair criticism of some Walsall landlords gone too far?
It was only a few weeks ago, I read an article in a newspaper of one landlord who had decided to sell their modest buy to let portfolio for a number of reasons, one of which being the new tax rules on buy to let that were introduced last year. The comments section of the newspaper and the associated social media posts were pure hate, and certainly not deserved.
Like all aspects in life, there are always good (and bad) landlords, just like there are good (and bad) letting agents… and so it should be said, there are good tenants and in equal measure bad tenants. Bad letting agents and bad landlords should be routed out… but not at the expense of the vast majority who are good and decent.
But are the 3,983 Walsall portfolio buy to let landlords at fault?
The Tories allowed people to buy their own Council house in the 1980’s, taking them out of the collective pot of social rented houses for future generations to rent them. Landlords have been vilified by many, as it has been suggested by some they have an unhealthy and ravenous materialism approach to make cash and profit at the expense of poor renters, unable to buy their first home. Yet, looking beyond the headline grabbing press, this is in fact ‘fake news’. There are seven reasons that have created the perfect storm for private renting to explode in the 2000’s.
Rather than duplicate the same information again, I will just give some basic info as the properties presented are pretty much the same. Where there are more obvious differences I will highlight these.
You must be logged in to post a comment.