Walsall Property Blog on Holiday!

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

Keeping a blog updated can be an exhausting affair so I’ve decided to take a break especially, since the children have holidays.  The wedding season is also in full swing (I’m attending two weddings next week!!).  I hope to return to the blog towards the end of the month.

 

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.

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.

www.firstrungnow.com targets first-time buyers and has information on low cost properties for sale. Young buyers wanting to pool resources can find a co-buyer on www.sharedspaces.co.uk or www.co-buywithme.co.uk.

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 happy holidays…

Phone: 01922 311016

Email: salekm@ashmorelettings.co.uk

 

Today’s Buy To Let Deal Yields 5.08%, A 3 Bed House, Lumley Road, Walsall, WS1.

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

A 3 bedroom terraced house on Lumley Road, Walsall, WS1. The property is being marketed by Acorns & Co (01922 312 060). This is a pretty standard spec, but will probably need some decor changes. Marketed at £130k, which I think is slightly overpriced.

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17.7% of Walsall owner-occupying OAP’s are in poor health!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
17.7% of Walsall owner-occupying OAP’s are in poor health!
17.7% of Walsall owner-occupying OAP’s are in poor health!

“Why should Walsall’s pensioners be forced to downsize? A question I received via social media a couple of weeks ago.  The mature member of a Walsall society came across my article I wrote at the start of the year (see article HERE), about Walsall pensioners feeling trapped in their homes.

There are around 24,000 home owning OAP’s in Walsall.

After working hard for a life time and buying a home for themselves and their family, the children have flown the nest and now they are left to rattle around in a big house. Many feel trapped in their large homes, hence I dubbed these Walsall home owning mature members of our society, ‘Generation Trapped’.

So, should we force OAP Walsall homeowners to downsize?

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Today’s Buy To Let Deal Yields 5.28%, Poppy Drive, Walsall, WS5.

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

A two bedroom terraced house, Poppy Drive, Tamebridge, Walsall, WS5. Billed as a fantastic buy to let investment opportunity by Purple Bricks (01926 267659) and at a reasonable £125k asking price. You can find the full property details here.

Situated in the highly popular Tamebridge estate, which is a very popular location long term letting.

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Walsall people move 19.32 miles when relocating…

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , ,
How far do Walsall people move house?
How far do Walsall people move house?

 “When Walsall people move home how far do they actually go?” This was a fascinating question asked by one of my clients the other week. Readers of my blog will know I love a challenge, especially when it comes to talking about the Walsall Property Market!

 For the majority, the response is not very far. It is much more common for homeowners and tenants in Great Britain to move across town than to the next town or county. Until now, it’s been hard to say how many homeowners and tenants moved from (and to) relatively far away to buy or rent their new home. However, I carried out some research and requested some statistics from the Royal Mail. What came back was very interesting to say the least!

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Today’s Buy To Let Deal Yields 5.75%, 2 Bed Semi, Elm Road, Walsall, WS3.

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

A 2 bedroom semi detached house in the Leamore area of Walsall, currently marketed by Goodchilds (01922 312016). The property could be rented as it is, but it does have a very unique style about it, so I would recommend making changes to the decor, but it is not absolutely essential.

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Today’s Buy To Let Deal Yields 5.71%, Cunningham Road, Walsall, WS2.

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

A three bedroom semi detached house on a popular Bentley estate in Walsall. The property has a very nice spec and could be let as is.

There are one double bedroom and two single bedrooms plus a family shower room, no bath in this one.  Top this off with a modern kitchen and an extension to the property which has been turned into a sun room. The rear garden is large and is for the gardeners amongst us. parking is on-road. It would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities lending easy access to Walsall town centre plus Reedswood Retail Park is just around the corner.

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Are Walsall landlords denying our Walsall youngsters?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
Are Walsall landlords denying our Walsall youngsters?
Are Walsall landlords denying our Walsall youngsters?

I received a very interesting letter the other day from a Walsall resident. He affirmed he was a Walsall homeowner, retired and mortgage free. In the letter he stated how unaffordable Walsall’s rising property prices were and that he worried how the younger generation of Walsall could ever afford to buy? He went on to ask if it was right for landlords to exploit the inability of others to buy property and if, by purchasing a buy to let property, Walsall landlords are denying the younger generation the ability to, in fact, buy their own home?

Whilst doing my research for my many blog posts on the Walsall Property Market, I know that a third of 25 to 30 year olds still live at home. It’s not surprising then that people are kicking out against buy to let landlords; as they are the gluttonous bad people who are cashing in on a social woe. In fact, most people believe the high increases in Walsall’s (and the rest of the UK’s) house prices are the very reason owning a home is outside the grasp of these younger would-be property owners.

However, the numbers tell a different story…

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Today’s Buy To Let Deal Yields 6.25%. A 3 Bed Semi, Beeches Place, Walsall, WS3.

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

Every now and again a surprise package of a property turns up and I thought I would share my latest find with you.

Priced at £120k for a three bed semi is about average for the type and area. It is immaculately presented with a modern fitted kitchen and bathroom. The surprise feature is the large curtilage at the front of the property, which can easily accommodate several vehicles, but obviously as a landlord you wouldn’t want to turn this part of the property into a small caravan park. However, the reality of the situation is that professional couples/ families generally have more than one car. So, this would be ideal in meeting that requirement.

The full property details are here. I appraise the property at £625.00 pcm producing a yield 6.25%.

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Today’s Buy To let Deal Silver Street, Walsall, WS8 With Yields Of 6.00%.

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

A two bedroom semi detached house on a newbuild estate in the Brownhills area of Walsall. This is completely ready to go. The spec is immaculate. The property has two double bedrooms, the master bedroom has an en-suite shower room. There is also a guest WC. The property also benefits from double glazing and gas central heating. It would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities.

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