2 Bedroom End Terrace House, Walstead Road West, Walsall, WS5 With Yields Of 6.60%.

01 02

This is a large two bedroom end terrace house in superb condition and can be let as it currently stands. However, I do feel that some of the flooring and décor could do with updating, but not essential. It is ideal for the working professionals, an individual or couples. The location is ideal being about a mile or so from M6 junction 9. There is also a wide selection of schools within a mile radius including the Joseph Leckie Academy. For food shopping the large Morrisons superstore (With petrol forecourt) is just around the corner.

Continue reading

Walsall’s housing shortage – Are we in a Crisis situation?

Walsall’s housing shortage – Are we in a Crisis situation?
Walsall’s housing shortage – Are we in a Crisis situation?

Walsall’s continuing housing shortage is putting the Borough (and the Country’s) repute as a nation of home owners ‘under threat’, as the number of houses being built continues to be woefully inadequate in meeting the ever demanding needs of the growing population in the Town.  In fact, I was talking to my sister the other day at a family get together; the subject of the Walsall Property market came up in the conversation (as I am sure it does at many family parties in Walsall, after the weather and politics).  My sister said it used to be that if you went out to work and did the right thing, you would expect that relatively quickly over the course of your career you would be buying a house, you would go on holiday every year and you would save for a pension.   But now things seem to have changed?

Continue reading

3 Bedroom Terraced House, Daw End Lane, Rushall, WS4. With Yields Of 6.00%.

 

01 02

A 3 bedroom mid terraced house on Daw End Lane, Rushall, Walsall, WS4. The property is being marketed by Bairstow Eves (01922 312 791). A pleasing spec with a very rustic décor and hard wearing flooring and a modern kitchen and shower room and two reception rooms in a very popular area of Walsall. An ideal property for rental with little or no changes to make. Marketed at offers of £110000.

Continue reading

3 Bedroom Mid Terraced House, Glastonbury Crescent, Walsall, WS3. With Yields Of 6.73%.

01 02

 

A 3 bedroom mid terraced house on Glastonbury Crescent, Mossley, Walsall, being marketed by Purple Bricks (01926 267 659). A satisfactory spec for rental with little or no changes to make, which is improved by a modern kitchen and bathroom. Priced at offers of £98000.  Interestingly, there is some room for capital growth, within the last 10 years if the property sells at the current asking price, this will mean the value of the property has increased by almost 10%.

Continue reading

2 Bedroom Semi Detached House, Bevin Road, Bentley, Walsall, WS2. With Yields Of 7.24%.

01 02

 

A two bedroomed semi detached house on Bevin Road, Bentley, Walsall. To get straight to the point on this one, this property requires some serious time warping from the 70s and straight into the the 21st Century. on the positive side, however the bathroom has been modernised and the rear garden has been blocked paved and both look “the business”.

A decently sized property with lounge and dining area. The kitchen is on the small side, but there is a utility room big enough for a washer and dryer. The two bedrooms are double sized. The property has  walled boundary at the front and is also gated giving complete privacy. The driveway does look big enough for a vehicle and there is also a garage. There is double glazing and partial gas central heating. The property has a lot of potential, but will require a major overhaul and some serious cash spent.

Continue reading

Walsall man inherits £110,000. The Bank or Property?

Walsall man inherits £110,000. The Bank or Property?
Walsall man inherits £110,000. The Bank or Property?

I  had an interesting email from someone in Walsall a few weeks ago that I want to share with you – don’t worry I asked his permission to share this with you all.  In a nutshell, the gentleman lives in Streetly, he is in his mid 60’s and still working.  He has a decent pension, so that when he does retire in a couple of years’ time, it will give him a comfortable life.  He had recently inherited £110,000 from an elderly family member.  One option he was considering was to put it into a savings account.  The best he could find was a 2 year bond with the Post Office which paid 1.9%; meaning he would get £2,090 in interest a year.

One of his other options was to buy a property in Walsall to rent out….

Continue reading

3 Bedroom End Terraced House, Palfrey, Walsall, WS1. With Yields Of 6.30%.

 

01 02

A 3 bedroom end terraced house in Palfrey, Walsall, being marketed by Acorns & Co estate agents of Walsall (01922 312 060). A decent spec, which is improved by a refitted modern kitchen and bathroom. Priced at offers over £100k.  Some decor changes may be in order, but are not essential. There is double glazing and gas central heating. There are two reception rooms, one of which can be utilised as a dining room.

Continue reading

3 Bedroom Semi Detached, Hollemeadow Road, Walsall, WS3. With Yields Of 6.60%.

01 02

A very nicely presented semi detached on an up and coming area of Walsall due to the housing development in the area. Another property billed as a buy-to-let investment by Goodchilds of Bloxwich (01922 312 016). A nice spec on this one and can be let as is, but I would recommend changing the décor in the living room and at least one of the bedrooms. It appears that full gas central heating and double glazing is present.

Continue reading

Walsall’s Private Rental sector explodes by a whopping 1,093.7% in 20 years!

Walsall’s Private Rental sector explodes by a whopping 1,093.7% in 20 years!
Walsall’s Private Rental sector explodes by a whopping 1,093.7% in 20 years!

I find myself in a reflective mood today as I want to talk about the future of investing in property in Walsall.  Especially since my last article (which was a little gloomy) and the fast changing dynamics in recent times of the Private Rented Sector (PRS).

The truth is that we have got lethargic, with many property investment people having mistaken the ever-rising Walsall property market since the 1960’s as the eternal gift that kept giving as property prices constantly rose and doubled every five to seven years.

The days of making easy money from any old property investment in Walsall are over.

Continue reading

3 Bedroom Mid Terraced House, West Bromwich Road, Walsall, WS1. With Yields Of 6.63%.

 

01 02

A traditional mid-terraced house in a popular area for rented accommodation in Walsall. It’s yet another property billed as a buy-to-let investment by Goodchilds of Bloxwich (01922 312 016). It’s a medium spec property and doesn’t need anything doing to it from what I can see of it, there being no photos of the bedrooms  and can be let as is as far as I am concerned. Though gas central heating is stated, there is no mention of whether there is double glazing. There is a shower mixer tap, but it could really do with a fitted electric shower and screen.

Continue reading