My Latest Walsall BTL Deal of the Week, A 2 Bed Semi in WS2 With Yields Of 6.00%

A two bed semi detached house on Kenilworth Crescent, WS2. If you are a Walsall landlord you may or may not know that right now properties like this are selling like hot cakes in the BTL market. So, if you are in a position that you have 130k cash to invest in a property like this, I would seriously recommend that you take a look at this bad boy asap. How do i know this? I am currently sourcing properties for my local clients at this moment in time and I have my eye on thhis one. If you don’t snap it up, someone will, very quickly.  This is a perfect property for a long-term BTL.  Listed 3 days ago this two bedroom semi detached house is being marketed at £130k by Bairstow eves (01922 312791).  Unfortunately, there are photos missing of the kitchen and bathroom, but as I always say, that is what viewings are for. The decor looks pretty much half decent and the garden looks like it needs some minor outlay and tlc to bring it up to spec, but other than that it is pretty much good to go.

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Walsall Evictions Ban Update: August 2020

 

Walsall Evictions Ban Update - August 2020
Walsall Evictions Ban Update – August 2020

My Blog reading friends may be aware of the ‘eviction ban’ introduced at the start of the pandemic.  The good news is this is being lifted on the 23rd August 2020.

Our government recently announced changes to the eviction processes in England and Wales.  These temporary measures aim to help the courts cope with the influx of possession proceedings once the ‘eviction ban’ is lifted.

The changes include claimants needing to issue a “reactivation notice” to resume halted evictions and will be effective until March 28th, 2021.

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Electrical testing law change for Walsall Landlords

Electrical testing law change for Walsall Landlords
Electrical testing law change for Walsall Landlords

As if Walsall landlords and landlords across the country don’t have enough to contend with, new rules on Electrical Inspection Condition Reports (EICR) has kicked in from this month.

In my day job at Ashmore Lettings & Sales, historically we have always advised landlords to conduct this check to obtain a condition report.  Therefore, most of our clients are already ahead of the game.  I have to admit, explaining this to some landlords has been an uphill battle especially, when my colleagues in the industry dissuaded many Walsall landlords to not obtain an EICR.

Here’s an overview of the changes:

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My Walsall BTL Deal of the Week, 2 Bed Semi in WS2 With Yields Of 6.0%

Walsall Buy to Let Deal
Walsall Buy to Let Deal

It may be a case of de-ja-vu but I’m pretty certain I went to see this property last year when it was on the market with another agent.  At the time I was sourcing a BTL property for one of my property sourcing clients and knew, with a bit of TLC, this property would make a great rental.  It was snapped up very quickly back then but it seems, for some reason, the sale probably fell through which, can sometimes happen if the buyer is not able to secure a mortgage or arrange the funds etc.  For Walsall landlords this is a perfect property for a long-term BTL.  Listed 3 days ago this two bedroom semi detached house is being marketed at offers over £130k by our colleagues iLove Homes (01922 345905).  Another perfect spec ready for a quick let.  From the pictures and if my memory serves me correct, I would say the property has had an upgrade of the kitchen units and bathroom suite.  The decor looks in good order but I would definitely change the carpet in the lounge and one of the bedroom upstairs to something more hard wearing and neutral.

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Two BTL Deals Of The Week in Walsall – Potential Yields Between 6.0% to 7.6%

2 Bed Semi, Yorkshire Grove, Walsall, WS2

When it comes to buy-to-let (BTL) deals in Walsall, there hasn’t been much to sing and dance about in recent times.  But if you look underneath the covers…there are always hidden gems to be found.  Some of my Blog reading friends may know that I have been quietly plugging away in the background looking at deals and helping clients connect the dots to help make those all important life changing decisions.  Like people come in all shapes and sizes so does their area of knowledge/ expertise.  In recent times I have had my Walsall Property Sourcing Clients ask me a similar question which, I thought I would answer here by providing an insight into some of the reasons why I view Walsall BTL investments the way I do…

…so without further ado…!!  Above pictures are of two seemingly investable properties for a Walsall Landlord to consider. However, when you delve a little deeper and past the numbers, what do you actually see…?

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Walsall Landlords, Which Party Will You Vote For In The 2019 General Election?

Walsall Landlords, Which Party Will You Vote For In The 2019 General Election?
Walsall Landlords, Which Party Will You Vote For In The 2019 General Election?

I got stopped in the street the other day…not for a stop and search but by a local landlord who recognised me!  As the story goes, we started to talk about the local property market.  He was uncertain which way to vote and wanted my opinion.  There is so much talk with a nauseas amount of noise from all corners that it’s almost impossible to weigh up the pros and cons for Walsall landlords and Walsall property owners.  I mean if I could have it my way, I would love to take some manifesto ideas I like from one party and attached it to the manifesto of another to create my own…wishful thinking…

…so, as Thursday 12th December draws closer, I’m keen to find out which parties Walsall landlords are backing in the General Election.  If you’re unsure on who to vote for, I have put together a summary of each party’s housing and rental plans to help you find out everything you need to know before polling day.

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My BTL Deal Of The Week, Kenilworth Crescent, Walsall, WS2 With Yields Of 5.76%.

A two bedroom semi detached house on the popular Reedswood estate in Walsall, WS2. The property will need some changes to the decor, but otherwise is perfect for rental.

There are two double bedrooms, one with fitted wardrobes.  A modern kitchen with integrated oven/ hob, a family bathroom with shower, a fair sized rear garden and off-road parking. 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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My BTL Deal of the Week 2 Bed Terraced Walsall WS2 with Minimum Yields of 5.53%.

A two bedroom terraced house in the Beechdale/ Reedswood area of Walsall, WS2. A perfect spec with décor that fits the bill for a ‘good to go’ let. Please book an appointment asap, this is going to get snapped up!

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My BTL Deal Of The Week, Nottingham New Road, Walsall, WS2 With Yields Of 6.50%.

A two bedroom semi detached house on the popular Reedswood estate in Walsall, WS2.

This is just a quick one this week following on from my involvment with the letting of a similar property on the same estate this week.

Sadly, there are no other photos on the listing, but suffice to say it has two double bedrooms, a modern kitchen, a family bathroom with shower, a rear garden and off-road parking. 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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MY BTL Deal of the Day 3 Bed Semi, Walsall, WS3 Yielding a Minimum 5.54%

Good news for Walsall landlords and investors, an extended 3 bedroom semi detached property, Clare Road, Walsall WS3 that has just been marketed by Acorns & Co. (01922 312060 ) with an asking price of £130k. It has a varied neutral decor and perfect spec. and has gas central heating and double glazing.

A family home with low maintenance gardens and a block paved curtilage at the front of the property, which could be used for off-road parking. Two of the bedrooms are double sized, with the third being a single.

The extension includes a utility room and a sitting/ reception room. Top this all off with a modern kitchen and bathroom (Ground floor) and you have a rental property that is good to go.

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