Buy to let property deals – all available on the open market with other agents in the local area.
A 3 bedroom end terraced house, Neale Street, Walsall, WS2. The property is being marketed by Dixons (01922 312 792). A pleasing spec, which looks like it could be let as is based on the available photos. Marketed at offers of £90000. Interestingly, the property has been reduced by 10% in the last 3 months.
This one caught my eye as the post states, ‘Attention investors 7.50% rental return can be sold with current tenant”. Well, if the yield is correct that would make the rental in the region of £530.00 pcm. Which I hasten to add is well above average for a property of this type in this area. However, considering the photos, the spec of the property is well below average. So, if you are thinking of taking a punt on this one I would take it with the sitting tenant…Well, why wouldn’t you? The converse would be to market it as it is and to be brutally honest the only interest you would likely get would be from benefit claimants and that would mean a rental of £454.00 pcm (Based on the maximum Local Housing Allowance entitlement) leading to a yield of 6.41%.
Well, this one is right out of the bargain bin and by the looks of the photos with good reason. No point in sugar coating this one, the required upgrades are blindingly obvious. However, the upside is that it is in the heart of a popular area for rented accommodation and the rewards are a very nice yield as well as a potential in capital growth.
The location additionally benefits from being within easy reach of junction 9 of the M6 and in the vicinity of other major transport routes leading to Walsall, Willenhall and Wolverhampton town centres. There is also a wide selection of schools within a mile including the Grace Academy.
A deceptively large end terraced house on the outskirts of the Beechdale estate in Walsall. The area has gone through some major redevelopment over the last decade or so, which has certainly helped in raising the area’s profile. The décor looks very nice and unless major changes are required, I would advise leaving as is. The flooring looks hard wearing and doesn’t look like it requires changing. Unfortunately, there is no photo of the bathroom, which seems a bit odd, but as I always say, that’s what viewings are for. However, the piece-de-resistance of this little baby is the huge garden. I mean, it looks like you could build another house on it! The location benefits from being within easy reach of the Reedswood Retail Park and junction 10 of the M6 and in the vicinity of other major transport routes leading to Walsall, Willenhall and Bloxwich town centres. There is also a wide selection of schools within a mile or so radius including the Mirus Academy.
Another attractively priced traditional terraced house. I would suggest before letting that the décor be upgraded and also changing the flooring to a hard wearing type. The location is ideal being about two miles from M6 junction 9 and in the vicinity of other major transport routes leading to Walsall, Wednesbury and West Bromwich town centres. There is also a wide selection of schools within a mile radius including Palfrey Junior School and Joseph Leckie Academy.
As the post states, ‘Attractively priced for a quick sale’. A lettable spec as it currently stands, but I would suggest making some improvements to the flooring and décor. The location is ideal being about a mile or so from M6 junction 10. There is also a wide selection of schools within half a mile radius including Lodge Farm junior and mixed infant school and Willenhall E-ACT Academy.
A traditional two bedroom terraced house in the centre of Caldmore, a popular area of Walsall. Unfortunately the photos that have been posted on the listing are too small to get a good look at it properly. However, by the look of the refurbished kitchen and what you can see, I would urge a viewing, the spec looks perfect to let as is. The location is ideal for local schools both public and private (Mayfield Prepatory and Queen Mary’s Grammar schools being just half a mile away). Healthcare amenities such as doctors, dentists and chemists are within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre just a mile away.
This property has recently been placed on the market in the last couple of days, however most surprising of all is that this particular property was once in my rental portfolio some years ago. Unfortunately, the property listing lacks any internal photos, so I am unable to comment on the current state of the inside of the property. However, the rear garden doesn’t look like it has been upgraded in a while, so maybe the internal decoration may require some work also. But as I always say, That’s what viewings are for. It’s a medium sized 3 bed and suitable for a small family.
Not strictly in Walsall in this one, but it’s only 4 miles away from Walsall Town centre and I wanted to help a friend out, so I’ll let it in. A large two bedroom semi detached house excellently presented and in superb condition. Technically, this is a two bed, but the loft is currently being used as a third bedroom and is large enough for a single bed and some extra storage space. It has a very rustic feel about it with lots of autumnal colours and can be let as it is. It is ideal for the working professionals or a small family. The location is ideal being about two miles from M6 junction 9 and within easy reach of West Bromwich, Wednesbury and Walsall town centres. Less than half a mile away there are a good selection of education centres such as Wodensborough Community Technology College and Moorlands Primary School.
A three bedroom semi detached house, Castle Street, Walsall, WS8. The asking price is in the region of £110000 with Bairstow Eves of Walsall (01922 392 791).
Check it out here: http://www.zoopla.co.uk/for-sale/details/39047550
I really like the look of this one, however not all the aspects of the property have been covered in the posted photos. The spec is excellent with a large lounge, modern fitted kitchen and bathroom. I appraise the rental as £595.00 pcm, which is very much in keeping with properties of this type and in this area. If the property sells at the current asking price the yield is in the region of 6.49%.
Interestingly, the asking price has been reduced by 8% already for the four months it has been on the market and I hasten to add, if it sells at the current asking price there is a slight increase in capital growth as well, at around 11%.
Walsall Property Blog 
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