Can something be too good to pass up on?

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This 2 bed apartment is situated at Slaney Court, Bescot, Walsall, WS2.  On the market with Redstones (01902 212743).  Priced at £59,950.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38780531

Is there any such thing as too good that we can’t help but oblige ourselves?  I remember purchasing a buy to let a few years ago when I had no intention to do so.  At the time I wasn’t in the market for a property to rent but looking for our family home.  A local agent asked me to take a look at something as I would be in the area looking at something else so I went along, reluctantly I hasten to add.  This visit resulted in a property I purchased where even today I am achieving a yield of 11.88%!!

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2 Bed Mid Terrace in Leamore, Walsall, WS2 – Yields of 8.5%!!

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This 2 bed mid terrace house is situated on Hereford Street, Leamore, Walsall, WS2.  On the market with Bairstow Eves, Walsall (01922 218043).  Priced at £70,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38693844

For the price you would probably struggle to get a garage in London so it’s no wonder this caught my eye when I saw it listed.  A great bargain for any investor especially one who is seeking to get onto the buy to let ladder.  A 25% deposit will be in the region of £17,500 (if you paid the asking price), but if you know me, I always negotiate like the BBC’s Apprentices – even in a pound shop!

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3 Bed Semi in Delves, Walsall, WS5 – Yields of 6.0%

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This 3 bed semi is situated on Fullbrook Road, Delves, Walsall, WS5.  On the market with Homepoint (01922 312002).  Priced at £110,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38617319

Now first a disclaimer.  I’m not writing about the Delves area of Walsall on purpose – honest!!  It’s just that properties are turning up in this area for sale at reasonable prices.  Coupled with other factors and indicators around capital growth and current yields it just makes sense to me.

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2 Bed End Terrace in Delves, Walsall, WS5 – Yields of 6.5%

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This 2 bed end terrace house is situated on Walstead Road, Delves, Walsall, WS5.  On the market with Connells (01922 716026).  Priced at £110,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38598323

The south side of Walsall is a great location for rentals as it borders onto Birmingham making it ideal for the professional commuting to and from the City.  A well established community with good primary and secondary schools nearby (Delves and Parkhall Junior Schools/ Q3 Academy, Barr Beacon, Joseph Leckie Academy) also adds appeal to the area.

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1 Bed Apartment In Walsall Town Centre With Yields of 10.2% Upwards!

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This 1 bed apartment is situated at The Saddlery, Leicester Street, Walsall, WS1.  On the market with Homepoint (01922 312002).  Priced at £49,950.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38521027

When I saw this property my thoughts immediately went to the price point.  It really is a steal for anybody wishing to invest as a part of their extensive portfolio or as a first investment.  The yields achievable is impressive in anybody’s books.  Situated in the heart of the town centre the property is ideal for the single professional.

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6 Bed Semi on Broadway North, Walsall, WS1 – Potential for HMO??

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This 6 bed semi is situated at Broadway North (Nr. Arboretum Park), Walsall, WS1.  On the market with Acorn & Co (01922 312060).  Priced at £250,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38476827

This property which has just come on the market as of yesterday (23/10/15), made me think…hmm…maybe one as a HMO (House in Multiple Occupation)?  Looking at the yields by making some minor changes (i.e. fire doors, alarms, locks and possibly some furniture) we are looking at minimum yields of 10.6%.  Personally, I would make some further changes looking to achieve an even healthier yield of around 14.1% and upwards with minimal outlay for maximum returns.  But is all as rosy as it looks….???

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2 Bed Bungalow with potential yields upwards of 7.5% in Shelfield, Walsall!

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This 2 bed semi detached Bungalow is situated at an over 55’s development in Deepwood Close, Shelfield, Walsall, WS4.  On the market with Lovett & Co (01543 526007).  Priced at £95,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/38410327

I like bungalows, I just like them.  Probably down to many factors more to do with the heart than the head but perhaps it’s to do with the space, no stairs, grandma’s cookies, grandpa’s jokes and that holiday feeling etc..etc….

Anyway, before I drift off I would like to share with you the reason why I think this particular bungalow caught my eye today and why I think this makes a great buy to let investment.

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2 Bed Apartment with potential yield of 7.9% in Bentley, Walsall!!

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This 2 bed semi is situated at Solar House, Pendlebury Close, Bentley, Walsall, WS2.  On the market with Centrick Property Nationwide (0121  411 0671).  Priced at £89,950.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38341722

My readers/ clients & followers all know that I’m not keen on flats/ apartments (I say this and you say that…) for various reasons I have shared in past articles.  However, I am noticing some great deals and can’t help but share these with you.  As I searched for some buy to let deals today I was wondering what I would come across.  The above apartment caught my eye as it has just come on the market and the potential yields achievable is very impressive to say the least.

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Anyone for a do-it-uppy? 3 bed semi in Palfrey, Walsall

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This 3 bed semi is situated on Alexandra Road, Palfrey, Walsall, WS1.  On the market with Visum (0121 411 0838).  Priced at £75,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38243357

Now first thing first.  I’m not sure what your thoughts are on these on-line agents but I’m not a fan whether buying, selling, letting out or looking to rent.  To me there are more cons than pros which sway me to look away the moment I see a property with a so-called on-line agent.  Anyway, that topic’s for another day….

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3 Bed End Terrace in Leamore, Walsall – Yield of 5.9%!!

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Cope Street, Leamore, Walsall, WS3, is on the market with Bairstow Eves Countrywide, Walsall (01922 218043) priced at £100,000.  For full property particulars please click on the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38181058

The yield achievable on this property is what attracted me to this property which just came on the market a few days ago.  What makes this a good investment opportunity is not only that my favourite curry house is a short walk away but as a buy to let (BTL) investor with a small budget this makes an ideal purchase.

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