My BTL Deal Of The Day Is Another 2 Bed Semi, Shropshire Close, Walsall, WS2, Yielding 5.33%.

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

In my research to discover potential properties for buy to let investment it does appear that there are other properties on this newbuild housing estate up for sale, therefore, I will probably be covering more properties of these types in my upcoming posts over the next few weeks. Shropshire Close and it’s locality is a burgeoning area for rental properties. I have helped many of my clients to buy and rent out the properties for sale on this estate. They are selling at a reasonable price and achieve above average yields. They are newbuild and in general need very little work doing to them in order to bring them up to a lettable standard even if they have been previously occupied and in addition are ideally located. So, let’s get on with the show…

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My BTL Deal Of The Day Is A 2 Bed Semi, Shropshire Close, Walsall, WS2, Yielding 5.54%.

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

An immaculately presented two bedroom Semi Detached house, Shropshire Close, Walsall, WS2. The asking price is for offers over £130k and currently marketed by Bairstow Eves (01922 321033). At a rental of at least £600.00 the yield will be 5.54%. Let’s check out why this is such a good investment. The full property details can be found here.

The location is ideal for an investment property being on a very popular estate for rentals and close enough to Walsall and Bloxwich town centres. There is easy access to major transport routes, school and other amenities.

Lets’s take a look inside…

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My BTL Deal Of The Day 2 Bed Terraced House Bloxwich Road, Walsall, WS2 Yields 5.50%

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

A traditional two bedroom end terraced house in Leamore, Walsall. This outstanding spec is well worth your time and effort to view immediately.

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The effect of the recent Interest Rate increase on Walsall Property…

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
The effect of the recent Interest Rate increase on Walsall Property...
The effect of the recent Interest Rate increase on Walsall Property…

I wrote my thoughts in an article in October 2016 after interest rates were slashed to 0.25%. You can read the full article by clicking here. Then in December 2017 I wrote a further article when it was announced interest rates would be increased to 0.50%. The full article can be found by clicking here. Existing clients and Blog reading friends alike have been asking me for my thoughts on the recently announced increase…the current average value of a property in Walsall currently stands at £181,994 so what will the recent increase in the base rates to 0.75% from 0.50% do to the local property market?

In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to go back over 40 years, to 1975.

The average value of a Walsall property in 1975 was £8,285

However, since 1975, we have experienced in the UK, inflation of 807.5%.

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My BTL Deal Of The Day Is A Two Bed End Terrace House North Walsall, WS3 Yielding 5.73%.

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

A traditional two bedroom end terraced house on Wenlock Gardens in the Coalpool area of Walsall. The spec is pretty decent and not a lot, if any, requiring attention. However, I would recommend changing the blue and green painted walls and go for something more neutral and in keeping with the rest of the property.

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MY BTL Deal Of The Day 3 Bed Semi Poukhill Close, Walsall, WS2, Yields 5.12%.

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

Just added to the market by Yopa (01322 584 475) is a three bedroom semi detached house in the Reedswood area of Walsall. My first impression is that it is a nice sized property, but the decor would need to be changed to something more neutral for a rental property. The property has everything that is to be expected for a property of this quality. There is off-road parking to the front in the form of a blocked paved driveway. there is a garage, but would not be able to be used as such, but as storage. The front and rear gardens are low maintenance and of average sizes. All three bedrooms are double sized and the kitchen and bathroom are of modern design. Additionally, there is a dining room, conservatory and utility room. Top it all off with gas central heating and double glazing and you have a very nice rental property in a highly sought after area.

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My BTL Deal Of The Day 2 Bed End Terraced House Bloxwich Road, Walsall, WS2 Yields 5.73%

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

A traditional two bedroom end terraced house in between Walsall and Bloxwich town centres. The spec is decent enough with the decoration having been recently upgraded.

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Are We Building Enough Affordable Homes in Walsall?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , ,
Are We Building Enough Affordable Homes in Walsall?
Are We Building Enough Affordable Homes in Walsall?

Before we begin… no, that’s not a location picture of Walsall-on-Sea!!

Within my blog about the Walsall Property Market I mostly only talk about two of the three main sectors of the local property market, the ‘private rented sector’ and the ‘owner occupier sector’. However, as I often stress when talking to my clients, one cannot forget the third sector, that being the ‘social housing sector’ (or council housing as some people call it).

In previous articles, I have spoken at length about the crisis in supply of property in Walsall (i.e. not enough property is being built), but in this article I want to talk about the other crisis – that of affordability. It is not just about the pure number of houses being built but also the balance of tenure (ownership vs rented) and therein, the affordability of housing, which needs to be considered carefully for an efficient and effectual housing market.

An efficient and effectual housing market is in everyone’s interests, including Walsall homeowners and Walsall landlords, so let me explain ..

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My BTL Deal Of The Day 2 Bed Semi Walsall WS2 Yields 5.31%

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

A good looking 2 bed semi on Darlaston Road, Walsall, WS2. It has a decent sized rear garden with an overlooking sun room. It’s a pretty good spec and  by the looks of the photos, doesn’t need anything doing to it, but as I always say, “that is what viewings are for”. There are two double bedrooms, a Modern style bathroom, but unfortunately there is no picture of the kitchen. There is a Veranda, which looks like it is being used as a utility room. Parking is off-road. Located on the main Darlaston Road it is not far from Walsall, Darlaston and Wednesbury town centres.

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My BTL Deal Of The Day Is A 3 Bed Semi In Rushall, Walsall, WS4 Yielding 5.57%.

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

This 3 bed semi detached home is situated on Burton Avenue, Rushall, Walsall, WS4.  On the market with Express Estate Agency (0161 300 3987) and marketed at £140k. The full details can be found here.

If you would like an instant online appraisal as to the rental value of your property, please click here.

From the outset I have to admit that the kerb appeal of this property isn’t that great, however, open the front door and it’s like you have entered through the tradesmans’ entrance to the secret world of Narnia. It’s large, open, full of light and neutrally decorated.

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