My BTL Deal Of The Week 3 Bed Terrace House Dickinson Drive WS2 Yielding 5.56%

This has been just added today. A three bedroom end terraced house, Dickinson drive, Bescot, Walsall, WS2. This property will need some upgrading to the decor and flooring as it’s kind of living in the past at the moment. On the plus side there are two double bedrooms and a single. A utility room with plumbing for white goods and a separate wc. The family bathroom is downstairs, however the master bedroom has an en-suite. Add to this a medium sized rear garden which is low maintenance along with off-road parking to the front alowing space for two cars. There is also gas central heatin and double glazing. The property is is further strengthened by its location about half a mile from M6 junction 9, ideal for commuting. For the frustrated footballer in all of us, Bescot stadium is but a short 10 minute stroll away. For your weekly shopping supplies look no further than the large Morrisons superstore also  just around the corner.

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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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Walsall Property Blog is taking a well earned rest!!

Walsall Property Blog is Taking a Well Earned Rest!!
Walsall Property Blog is Taking a Well Earned Rest!!

 

Keeping a blog updated can be an exhausting affair and the last time I took a break was August 2017 so, I’ve decided to take a well earned rest!!  I hope to return to the blog towards the end of November 2018.

In the meantime, why not visit these property related websites to hone your property investor acumen?

http://www.landlordlaw.co.uk/ – This is a great resource of useful information, especially on legal issues and Tessa Shepperson’s Blog has some golden nuggets…

www.periodproperty.co.uk is, as you can imagine, the place to find a thatched, listed or historic home, while www.propertyauctions.com lists dates and reserve prices on upcoming auctions plus tips for those bidding for the first time (great resource if you are seeking a fixer-upper.

This resource/ guide from Martin Lewis is extremely useful for first-time buyers www.moneysavingexpert.com.

Think you can’t afford to buy a property just yet?  How about buying as a co-sharer with a friend or family?  Visit www.ourproperty.co.uk to learn more about turning this possibility into reality.

Whilst I’m away if there is anything you would like me to pick up on/ discuss/ write about upon my return please send me an email or message me via any of my social media sites.  Take care and wish me happy holidays…

Phone: 01922 311016

Email: salekm@ashmorelettings.co.uk

My BTL Deal Of The Day, A 2 Bed Terraced “Fixer Upper”, Walsall, WS3. With Minimum Yields of 7.20%.

Well, it’s been a while since I highlighted a property like this. So, for all of you out there in investor land, who want a complete blank canvas to work with, here is my latest offering.

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My Buy To Let Deal Of The Day Is A 3 Bed Semi, Edinburgh Avenue, Walsall, WS2.

 

Only recently added to the sales market, this is technically a two bed semi with a loft conversion for the third bedroom, but we will call it a three bed just for the sake of argument. Situated on Edinburgh Avenue, Walsall, WS2. Currently marketed with Purple Bricks 0121 721 9601 for an asking price of £125k and based on a minimum pcm rental of £550.00 will yield 5.28%.

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£90,348 spent in Rent by Walsall Millennials Age 35

Walsall Rent Inreases Outstrips Inflation Since 2005
Walsall Rent Inreases Outstrips Inflation Since 2005

Millennials were born between the mid 1980’s and late 1990’s making them between the age of around 22 to late 30’s. They are the imaginative, artistic youngsters who grew up with the newest tech and computers and who are huge enthusiasts of music festivals, gourmet pizzas, emoji’s, selfies and old school nostalgia AKA…generation rent.

Countless Millennials have discovered that renting is a good choice for their shelter and accommodation needs without the hassle that comes from buying a home. Nonetheless, that is not the only reason they don’t buy property. When they should be concentrating on their profession, putting down roots and starting a family, Millennials are still going through the pressures and constraints on their finances of student loan liabilities whilst, at the same time, finding it hard-hitting to pay rent.

The hot topic at the moment is the cost of renting, as both our main political parties have seen mileage in wooing these Millennial Generation Renters. The average rent in Walsall is currently £618 per month making this a big-ticket item on the monthly budget. I was inquisitive to find out exactly how much Walsall Millennials will spend on rent by the time they reach their mid 30’s. The average age people leave home in the UK is 22; so looking at a Walsall 22-year-old (or Millennial) who left home in 2005 then between 2005 and today that Walsall Millennial will have shelled out £90,348 in rent.

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