How to Rent My Property Walsall

What type of property is best to invest in, in Walsall? Detached or Terraced?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , ,

One of my professional landlords called me towards the end of last week informing me how he thinks he should be purchasing more detached properties in Walsall.  He told me how he thinks they will bring about better returns when he sells them although he hasn’t sold anything yet.  I thought this didn’t ring quiet true in my mind so, me being me, I began to look at the stats to see what the actual numbers was telling us.

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Rightmove announced that average ‘asking prices’ fell slightly last month by 0.6% in the West Midlands, leaving them 2.9% higher than a year ago.

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6 Bed Semi on Broadway North, Walsall, WS1 – Potential for HMO??

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , ,

Broadway North Main Pic

This 6 bed semi is situated at Broadway North (Nr. Arboretum Park), Walsall, WS1.  On the market with Acorn & Co (01922 312060).  Priced at £250,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38476827

This property which has just come on the market as of yesterday (23/10/15), made me think…hmm…maybe one as a HMO (House in Multiple Occupation)?  Looking at the yields by making some minor changes (i.e. fire doors, alarms, locks and possibly some furniture) we are looking at minimum yields of 10.6%.  Personally, I would make some further changes looking to achieve an even healthier yield of around 14.1% and upwards with minimal outlay for maximum returns.  But is all as rosy as it looks….???

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2 Bed Bungalow with potential yields upwards of 7.5% in Shelfield, Walsall!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , ,

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This 2 bed semi detached Bungalow is situated at an over 55’s development in Deepwood Close, Shelfield, Walsall, WS4.  On the market with Lovett & Co (01543 526007).  Priced at £95,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/38410327

I like bungalows, I just like them.  Probably down to many factors more to do with the heart than the head but perhaps it’s to do with the space, no stairs, grandma’s cookies, grandpa’s jokes and that holiday feeling etc..etc….

Anyway, before I drift off I would like to share with you the reason why I think this particular bungalow caught my eye today and why I think this makes a great buy to let investment.

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Is the Walsall buy to let Market in Crisis?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , ,

A Walsall landlord who manages a portfolio of properties called me after reading my Blog.  He was concerned about the Walsall Property Market where he has 4 properties and after the recent changes he is considering whether to exit the market by selling the portfolio.  We discussed many things but mainly he wanted to pick my brains and thoughts around what he called the crisis in the market.  I’m a glass full sort of guy so where others see ‘doom and gloom’, I only see opportunity.

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It was only last summer the soothsayers were predicting the end of the world over the supposed house price bubble that many believed was developing in the West Midlands, including the Bath Property Market.

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2 Bed Apartment with potential yield of 7.9% in Bentley, Walsall!!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , ,

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This 2 bed semi is situated at Solar House, Pendlebury Close, Bentley, Walsall, WS2.  On the market with Centrick Property Nationwide (0121  411 0671).  Priced at £89,950.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38341722

My readers/ clients & followers all know that I’m not keen on flats/ apartments (I say this and you say that…) for various reasons I have shared in past articles.  However, I am noticing some great deals and can’t help but share these with you.  As I searched for some buy to let deals today I was wondering what I would come across.  The above apartment caught my eye as it has just come on the market and the potential yields achievable is very impressive to say the least.

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Anyone for a do-it-uppy? 3 bed semi in Palfrey, Walsall

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , ,

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This 3 bed semi is situated on Alexandra Road, Palfrey, Walsall, WS1.  On the market with Visum (0121 411 0838).  Priced at £75,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38243357

Now first thing first.  I’m not sure what your thoughts are on these on-line agents but I’m not a fan whether buying, selling, letting out or looking to rent.  To me there are more cons than pros which sway me to look away the moment I see a property with a so-called on-line agent.  Anyway, that topic’s for another day….

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3 Bed End Terrace in Leamore, Walsall – Yield of 5.9%!!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , ,

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Cope Street, Leamore, Walsall, WS3, is on the market with Bairstow Eves Countrywide, Walsall (01922 218043) priced at £100,000.  For full property particulars please click on the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38181058

The yield achievable on this property is what attracted me to this property which just came on the market a few days ago.  What makes this a good investment opportunity is not only that my favourite curry house is a short walk away but as a buy to let (BTL) investor with a small budget this makes an ideal purchase.

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1303% returns for Walsall landlords since 1999…

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , ,

Investing in property is essentially different from investing in stocks and shares or putting money in the Building Society.  Whilst these other investments (Building Society Passbooks, Stocks and Shares etc) are passive  i.e. once the  money has been invested it you leave it alone, with BTL, things are more hands on, in fact it’s almost a business!

ROI

One thing the landlords I speak to say is the fact that they like BTL because it is both an investment as well as a business.  It is this factor that attracts many of my Walsall landlords – they are making their own decisions rather than entrusting them to others – such as City Whizz Kids in London playing roulette with their pension pots.

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