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.

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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.

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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.

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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.

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“Fancy a project?” 2 Bed House, Dorothy Street, Walsall, WS1. With Yields Of 7.60%.

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

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A two bedroom terraced house in the Palfrey area Walsall, WS1. The photos clearly show that the property is in desperate need of upgrading. What we have here is a blank canvas and for just a relatively small investment, this property can be turned into a top notch lettable spec.

A bog standard two bed terraced house with two double bedrooms. The description states that there is double glazing, but does not state whether there is central heating, however, the photo of the bathroom does show a boiler in place.

The asking price is for offers over £75000. A bargain price and well below average.

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“Cat Not Included” 2 Bed Terraced House, Walsingham Street, Walsall, WS1. With Yields Of 6.00%.

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

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A two bedroom terraced house in the Chuckery area of Walsall, WS1. Plenty of photos of this one, which shows a very nice lettable spec. Neutrally decorated in the majority of the rooms and with two double bedrooms and a separate cloakroom WC. There is gas central heating and double glazing with one of the bedrooms with single glazing only. Most importantly the property is freehold. The rear garden looks to be in fine fettle, but sadly the cat is not included.

The asking price is for offers of £95000. This is average for a property of this type in this area.

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2 Bed Terraced House, Cobden Street, Walsall, WS10. With Yields Of 6.00%.

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

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A two bedroom terraced house in the Wednesbury area of Walsall, WS10. Sadly only one photo exists of the external front of the property and nothing of the internal. However, from the description it seems a fairly good spec with the only admission that the rear garden needs of “Modernisation”. I have no idea what that means, maybe the grass requires sanding down and re-varnishing, I dunno?

The asking price is for offers over £90000. This is just below average for a property of this type in this area, but the fact that offers should be over £90000 means that they are probably looking around £100000 for this one.

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