The Walsall Bedroom Problem….Opportunity or Hindrance?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , , ,
The Walsall Bedroom Problem….Opportunity or Hindrance?
The Walsall Bedroom Problem….Opportunity or Hindrance?

When my research showed me this statistic, the first question that popped into my mind was; “Is this a problem or an opportunity?”

The orthodox way of classifying property in the UK is to look at the number of bedrooms rather than its size in square metres – although now we are leaving the EU, I wonder if we can go back to feet and inches!

It seems that homeowners and tenants are happy to pay for more space. It’s quite obvious, the more bedrooms a house or apartment has, the bigger it is likely to be. The reason being, not only the actual additional bedroom space, but the properties with more bedrooms tend to have larger or more reception/ living rooms. However, if you think about it, this isn’t so astonishing given that properties with more bedrooms would typically accommodate more people.

In today’s Walsall property market, Continue reading →

*Update* 3 Bed House, Wolverhampton Street, Walsall, WS10. Now With Yields Of 7.50%.

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

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Since I’m on the updating bandwagon, I thought I would have a look at some old buy-to let deals just to see how they’re doing these days. I am happy to report that the majority that I have revisited, are no longer on the market. This one I wrote about on 18/02/2016.

Great news, it’s still on the market and even better news it is available and at a discounted price. Reduced by a cool 9K, not to be sniffed at. If you haven’t already, why not go and have a look?!

The new asking price is in the region of £80000 with Lovett & Co Estate Agents of Lichfield (01543 526 007).

Check it out here:

http://www.zoopla.co.uk/for-sale/details/38612980

Continue reading →

*UPDATE* 2 Bed House, Lewis Street, Walsall, WS2. Now With Yields Of 7.00%!

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

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I wrote about this property back in May and luckily it is still on the market almost 5 months later. The good news is that the price has been reduced by 10% to £90000!

A two bedroom terraced house in the Birchills area of Walsall, WS2. An excellent spec here and unless you really want to change the decor, it can be let as is. The asking price is at the higher end due to the higher end spec. The location is ideal for local schools infant, junior and academies including Walsall College all within a mile. Healthcare amenities such as doctors, dentists and chemists are also within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre less than a mile away. There is double glazing, gas central heating and parking is on-road. I would urge a viewing sooner, rather than later.

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Walsall’s Generation Gap & Brexit – Did the Older Generation Let Down the Young?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , , ,
Walsall’s Generation Gap & Brexit – Did the Older Generation Let Down the Young? Walsall’s Generation Gap & Brexit – Did the Older Generation Let Down the Young?

As we approach nearly 3 months since the Referendum vote and in Walsall, we have all had a chance to reflect on the momentous decision that the British public took. Many of you read the article I wrote on the morning of the results. I had gone to bed the night before with a draft of my ‘Remain’ article nicely all but finished, to be presented, at just after 5:00 a.m, with the declaration by the BBC saying we were leaving the EU. I don’t think any of us were expecting that.

For those who missed it, here is a link to that post Brexit article: https://walsallpropertyblog.com/2016/06/24/eu-referendum-67-9-of-walsall-voters-vote-with-their-feet/. In this piece, I would like to take my thoughts on from that initial article and now start to see the clearer picture as the dust settles on the UK, but more importantly, the Walsall Property Market.

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2 Bed Semi, Berkshire Crescent, Walsall, WS10. With Yields Of 6.30%.

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

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Well, it’s been a dry 7 days looking for a deal and today is no exception. A two bed semi in the Wednesbury area of Walsall that you will need to get your cheque book out for.

I’m not going to pull any punches and it’s very clear that it will need new decor, flooring, kitchen and bathroom, at the very least.

Continue reading →

Walsall Properties – Not Selling?!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , ,
Walsall Properties – Not Selling?!
Walsall Properties – Not Selling?!

Knowing how saleable a property is, is half the battle when deciding what (or not) to buy for your next property investment. Why? Well because one day, you may need to sell that property. If you go into the purchase with open eyes, you know most of the risks and can barter the price accordingly if you have to.

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2 Bed House, Coltham Road, Walsall, WV12. With Yields Of 6.33%.

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

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Posted on the 8th September and listed as another investment opportunity. It appears that the local estate agents feel that adding that little phrase to their listings adds some kind of cache to their post. It’s a bit hit and miss based on their “criteria” as an investment, but anyway, it gives the rest of us who are actually interested in searching for properties like these, the chance to see if it does indeed pass muster.

It’s not a bad little spec in a good rental area and will need some changes to the basic decor and some serious consideration as to whether the brick fireplaces stay or not. It does have double glazing and gas central heating.

Continue reading →

2 Bed House, Derby Street, Walsall, WS2. With Yields Of 7.61%.

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

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A two bedroom terraced house in the Coalpool area of Walsall, WS2. Listed 4 days ago with only one photo. Apparently, more are to follow…

Listed as a ‘fantastic investment opportunity’. Well, is it? If my Spidey senses have taught me anything, based on the price and the lack of photos , kind of tells me this property will need some TLC.

On the positive side, the area is good for rentals and the average pcm price for a two bed terraced house is in the region of £495.00 and many amenities, including schools, are within easy reach.

Continue reading →

Walsall’s Love Affair with the 24,044 Terraced Homes!

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

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Call me old fashioned, but I do like the terraced house. In fact, I have done some research that I hope you will find of interest!

In architectural terms, a terraced or townhouse is a style of housing in use since the late 1600’s in the UK, where a row of symmetrical/identical houses share their side walls. The first terraced houses were actually built by a French man, Monsieur Barbon around St. Paul’s Cathedral within the rebuilding process after the Great Fire of London in 1666.

Interestingly, it was the French that invented the terraced house around 1610 in the Le Marais district of Paris with its planned squares and properties with identical facades. However, it was the 1730’s in the UK, that the terraced/townhouse came into its own in London and of course in Bath, with the impressive Royal Crescent.

However, we are in Walsall, not Bath, so.. Continue reading →

“Bargain Ahoy!” 2 Bed House, Miner Street, Walsall, WS2. With Yields Of 8.14%.

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

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A two bedroom terraced house in the Birchills area of Walsall, WS2. Another property in need of upgrading. Like my previous posting, this property will need some investment in order to turn it into a lettable spec and by extension receive an appropriate rental income.

A standard two bed terraced house with two double bedrooms and a downstairs bathroom. There is already double glazing and gas central heating in situ.

The asking price is for offers over £69950. An absolute bargain price and well below average for the type and area.

Continue reading →