A one bedroom first floor maisonette, Walsall, WS3. The asking price is in the region of £40000 with Dixons of Walsall (01922 218 044).
Check it out here:
http://www.zoopla.co.uk/for-sale/details/37556478
To be honest I wasn’t expecting anything special with this property as my mind had kind of been made up by the external view and property location. However, a pleasant surprise awaited me!
So what was the surprise? let’s have a look…
A three bedroom mid terrace house, Wolverhampton Road, Walsall, WS2. The asking price is in the region of £80000 with I Love Homes (01922 312 832).
Check it out here:
http://www.zoopla.co.uk/for-sale/details/39248012
A very reasonably priced property with lots of potential and a touch of “Quirk”. More about that later. The vendor has left some things to the imagination unfortunately, providing no photos of the external frontage, two of the bedrooms nor the attic. Parking arrangements are not mentioned either. However, at least the room sizes are included.
Let’s have a look at what we can see…
A one bedroom second floor apartment, Elmsdale Court, Birmingham Road, Walsall, WS1. The asking price is in the region of £64995 with Homepoint of Walsall (01922 312 002).
Check it out here:
http://www.zoopla.co.uk/for-sale/details/35775944
Well, well, what do we have here? Another of what I like to call a “Good To Go” property. Already a rental property in its own right and appraised at £425.00 pcm and if sold at the asking price gives “a nice little earner” of a 7.84% yield.
Let’s have a look inside…
In Walsall, I am speaking to more and more landlords, be they seasoned professional landlords or FTL’s (first time landlords), as they read reports that the Walsall rental market is doing reasonably well, with rents and property values rising. Interestingly, one landlord recently asked how much he should be paying per square foot (more of that in a second).
A two bedroom end terrace house, Station Street, Wednesbury, WS10. The asking price is in the region of £75000 with housesimple.com (01787 275 038).
Check it out here:
http://www.zoopla.co.uk/for-sale/details/39134182
Just a brief hello today as I’m just about to go and meet with a landlord. However, here is my latest buy to let investment deal.
I haven’t seen one of these in a while, but extremely intriguing none the less. Here’s what’s on offer…
A three bedroom end terrace house, Bridgwater Close, Walsall Wood, Walsall, WS9. The asking price is in the region of £90000 with Bairstow Eves Countrywide of Walsall (01922 218 043).
Check it out here:
http://www.zoopla.co.uk/for-sale/details/27343055
This property is another excellent example of a property, which is very much ready to go letting-wise. Finished to a high standard with all the right boxes ticked. There are a couple of downsides though.
The life of a property manager is never dull!! I love what I do and every day is different as you never know what you can wake up to (although I do try to plan my day). What makes it extra special are the interactions I have with potential clients on a daily basis with new people looking to enter the buy to let market.
One such case was of a lovely gentleman I had an initial email enquiry from. His children had grown up and flown the nest. Some extra cash was to hand; he saw my blog and became interested in entering the market. We later met up for a coffee. He was considering making his first purchase and amongst the usual questions, one question stood out for me:
Do I buy a freehold house or a leasehold flat in Walsall?
Just thought for a change I would inform you about a property I wrote about on the blog a few weeks ago. The property has now been sold (STC). At this stage I’m not sure if it has been purchased as a principal home or for buy to let. I will monitor this and confirm on a later post once the figures are in. The full details of my post can be found below by following the link:
A one bedroom maisonette, Cedar Road, Burntwood, Walsall, WS7. The asking price is in the region of £79950 with Chariot Estates of Burntwood (01543 526 005). Check it out here:
http://www.zoopla.co.uk/for-sale/details/38010900
It’s a question I get asked a lot by landlords and that question is, “What improvements do I need to make to my property in order to let it”…Or words to that effect.
There are many facets to consider of course, but the best way for me to answer that very question is to show you. The property highlighted in this article is an excellent example of what a lettable standard is.
I had an interesting meeting with one of my local Walsall landlords this weekend. He wanted some advice around his current existing portfolio which he was looking to expand in a new direction by adding properties that would give him a higher rental yield today. I’ve always advocated having a portfolio of a mixed bag of properties. Looking at his current portfolio I noticed that they consisted of properties with generally a low or average yields so as usual this made me think about the Walsall Property Market. In general a mixed bag of ‘liquorice allsorts’ (in property terms) can ease current cash flow and build you a nice nest egg for the future.
Walsall Property Blog 
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