A traditional two bedroom terraced house in the Chuckery, Walsall, a popular area of Walsall for rented accommodation. Unfortunately, there are no photos of both bedrooms or the rear garden. However, by the look of the spec and what you can see, it would be prudent to arrange a viewing. The décor would need to be changed. The current occupiers obviously have made it their home, but for a long term rental, it really needs changing to a more neutral colour scheme. The location is ideal for local schools both public and private (Mayfield Prepatory and Queen Mary’s Grammar schools being just half a mile away). Healthcare amenities such as doctors, dentists and chemists are within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre just a mile away. There is double glazing, gas central heating and parking is on-road.
Rents in Walsall Increase!!

I was reading the Sunday newspapers last weekend whilst drinking my favourite concoction of freshly juiced Apple & Mango juice, when I spotted an article in the financial pages. It was announced that UK inflation had increased to its highest level in a year. Inflation, as calculated by the Government’s Consumer Prices Index, rose by 0.3% over the last 12 months. The report said it had risen to those ‘heady’ levels by smaller falls in supermarket and petrol prices than a year ago. If you recall, in early 2015, we had deflation where prices were dropping!
So what does this mean for the Walsall property market … especially the tenants?
3 Bedroom Terraced House, Station Road, Walsall, WS4. With Yields Of 7.00%.
A 3 bedroom terraced house on Station Road, Walsall, WS4. The property is being marketed by Urban Link (01922 716 025). A very nice spec here and one which could be left as it is. However, I would urge changing certain aspects of the decor and the flooring at some point. Marketed at offers of £89950.
2 Bedroom Terraced House, West Street, Walsall, WS3. With Yields Of 6.71%.
A 2 bedroom terraced house, West Street, Walsall, WS3. The property is being marketed by Purple Bricks (01926 267 659). A good enough spec which allows the property to be let as it is. Marketed at offers of £85000. There is some capital growth here at just under 50% in the last 13 years.
3 Bedroom End Terraced House, Neale Street, Walsall, WS2. With Yields Of 7.00%.
A 3 bedroom end terraced house, Neale Street, Walsall, WS2. The property is being marketed by Dixons (01922 312 792). A pleasing spec, which looks like it could be let as is based on the available photos. Marketed at offers of £90000. Interestingly, the property has been reduced by 10% in the last 3 months.
2 Bedroom Terraced House, Cambridge Street, Walsall, WS1 With Yields Of 7.50%.
This one caught my eye as the post states, ‘Attention investors 7.50% rental return can be sold with current tenant”. Well, if the yield is correct that would make the rental in the region of £530.00 pcm. Which I hasten to add is well above average for a property of this type in this area. However, considering the photos, the spec of the property is well below average. So, if you are thinking of taking a punt on this one I would take it with the sitting tenant…Well, why wouldn’t you? The converse would be to market it as it is and to be brutally honest the only interest you would likely get would be from benefit claimants and that would mean a rental of £454.00 pcm (Based on the maximum Local Housing Allowance entitlement) leading to a yield of 6.41%.
Walsall Private Renters Enjoy Better Health!!

Renting used to be a dirty word in the 60’s and 70’s. You either lived in a ‘Rigsby Rising Damp’ style bedsit with wood chip on the wall and a coin operated electric meter that buzzed in the night, or you lived in a council house. In the latter part of the 20th Century, the British were persuaded that rent payments were ‘wasted money’. However, owning often makes less financial sense than renting and as the rate of home ownership is starting to drop substantially, as we roll the clock forward to today, there is no stigma at all to renting.. everyone is doing it. In fact, of the 269,323 residents of Walsall, 96,418 of you rent your house from the local authority, housing association or private landlords – meaning 35.8% of Walsall people are tenants.
3 Bedroom Terraced House, Whitton Street, Walsall, WS10 With Yields Of 7.92%.
Well, this one is right out of the bargain bin and by the looks of the photos with good reason. No point in sugar coating this one, the required upgrades are blindingly obvious. However, the upside is that it is in the heart of a popular area for rented accommodation and the rewards are a very nice yield as well as a potential in capital growth.
The location additionally benefits from being within easy reach of junction 9 of the M6 and in the vicinity of other major transport routes leading to Walsall, Willenhall and Wolverhampton town centres. There is also a wide selection of schools within a mile including the Grace Academy.
2 Bedroom End Terraced House, Newton Place, Walsall, WS2 With Yields Of 6.30%.
A deceptively large end terraced house on the outskirts of the Beechdale estate in Walsall. The area has gone through some major redevelopment over the last decade or so, which has certainly helped in raising the area’s profile. The décor looks very nice and unless major changes are required, I would advise leaving as is. The flooring looks hard wearing and doesn’t look like it requires changing. Unfortunately, there is no photo of the bathroom, which seems a bit odd, but as I always say, that’s what viewings are for. However, the piece-de-resistance of this little baby is the huge garden. I mean, it looks like you could build another house on it! The location benefits from being within easy reach of the Reedswood Retail Park and junction 10 of the M6 and in the vicinity of other major transport routes leading to Walsall, Willenhall and Bloxwich town centres. There is also a wide selection of schools within a mile or so radius including the Mirus Academy.
Walsall landlords and ex-council properties. Would you buy one?

Do you remember the ‘Right to Buy’ scheme my Walsall Property Blog readers? The ‘Right to Buy’ (RTB) scheme was a policy introduced by Maggie Thatcher in October 1980 which gave secure council tenants the legal right to buy the Council home they were living in with huge discounts. The heyday of Council ‘Right To Buys’ was in the 80’s and 90’s, when 1,719,368 homes in the country were sold in this manner between October 1980 and April 1998. However, in 1997, Tony Blair’s New Labour reduced the discount available to tenants of council houses and the numbers of properties being bought under the RTB declined.
So what does this mean for Walsall homeowners and landlords? Well quite a lot in fact!





















You must be logged in to post a comment.