Priced at £110000 for a three bed semi, this is a good deal. I could show you comparisons with other three bed terraced houses going for more than this one is marketed at.
The full property details are here.
The pcm for this property would be in the region of £550.00 giving a rental yield of 6.00%
A 3 bedroom mid terraced house on Irvine Road, Walsall, WS3, being marketed by Purple Bricks (01926 267 659). A nice spec for rental with little or no changes to make, which is improved by a modern kitchen and bathroom. Priced at offers over £115000.
A three bedroom terraced house in the Pleck area of Walsall, WS2. It has literally just been added (two days ago). plenty of photos show a property that has an acceptable spec. Certain aspects of the decor and fixtures and fittings you may want to change over time, but this one could be let as is. It does have central heating and double glazing.
The selling price is good for the type and area being £90000 and it is located in an area popular for rented accommodation. How do I know this? I already manage a property in this very street.
A 3 bedroom terraced house in the Beechdale area of Walsall. Marketed with Webs estate agents (01922 312727). This is an impressive spec and absolutely ready to let.
A 3 bedroom semi detached house in the north Walsall area, currently marketed by Acorns & Co (01922 312060). The property could be rented as is, but I would recommend making changes in certain areas eg parts of the decor and carpets.
A two bedroom semi detached house on the popular Beechdale estate in Walsall. The property is s very nice spec and good to go, that’s right, drive it straight off the forecourt.
There are two double bedrooms, one with en-suite as well as a family bathroom. A modern kitchen with integrated white goods, 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.
A 2 bedroom semi detached house on Bentley Drive, Walsall, WS2. The property is being marketed by Webbs estate agents (01922 312727). An excellent spec, which doesn’t necessarily need any upgrading, unless you really want to, however, the rear garden is quite large and could do with some TLC.
If I were a buy to let landlord in Walsall today, I might feel a little bruised by the assault made on my wallet after being (and continuing to be) ransacked over the last 12 months by HM Treasury’s tax changes on buy to let.
To add insult to injury, Brexit has caused a tempering of the Walsall property market with property prices not increasing by the levels we have seen in the last few years. There is even a possibility we might even see a very slight drop in property prices this year and, if Walsall property prices do drop, the downside to that is that first time buyers could be attracted back into the Walsall property market; meaning less demand for renting ( ie rents will go down).
Before we all run for the hills, all these things could be serendipitous to every Walsall landlord, almost a blessing in disguise.
In my previous buy to let deal of the day, I asked what could be more ready to go than a newbuild..? Well, this one can! Why? It’s got a ready made tenant, that’s why.
A traditional two bedroom terraced house in the Leamore area of Walsall. It’s a pretty good spec actually and it doesn’t need anything doing to it. But, if I was buying it with a sitting tenant, I would sort the back garden out just to show them what a cool and groovy landlord I was. Why not? The money I’m saving by not having to have a void period whilst trying to find a tenant, paying agent fees when I do, updating the decor etc to provide a nicer looking garden for my tenant, it’s a no brainer.
My 14 year-old has started his GCSE’s this year. He wants to be a Chartered Surveyor as he loves buildings and anything to do with cars. He posed the fascinating question last week which got me thinking…
So this weekend, I sat down and calculated what the total value of all the properties in Walsall are worth … and just for fun, worked out how much they have gone up in value since he was born back in the summer of 2002! I used information from the latest census, land registry and the ONS.
So, here you are…
In the last 14 years, since the autumn of 2002, the total value of Walsall property has increased by 95% or £8.3 billion to a total of £16.1 billion. Interesting, when you consider the FTSE100 has risen by 68.9% and inflation (i.e. the UK Retail Price Index) rose by 38.7% during the same 14 years.
Walsall Property Blog 
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