A 3 bedroom terraced house in the Beechdale area of Walsall. Marketed with Webs estate agents (01922 312727). A highly impressive spec on this one and could be absolutely ready to let.
letting agent walsall
Today’s Buy To Let Deal Yields 5.08%, A 3 Bed House, Lumley Road, Walsall, WS1.
A 3 bedroom terraced house on Lumley Road, Walsall, WS1. The property is being marketed by Acorns & Co (01922 312 060). This is a pretty standard spec, but will probably need some decor changes. Marketed at £130k, which I think is slightly overpriced.
Today’s Buy To Let Deal Yields 5.28%, Poppy Drive, Walsall, WS5.
A two bedroom terraced house, Poppy Drive, Tamebridge, Walsall, WS5. Billed as a fantastic buy to let investment opportunity by Purple Bricks (01926 267659) and at a reasonable £125k asking price. You can find the full property details here.
Situated in the highly popular Tamebridge estate, which is a very popular location long term letting.
Today’s Buy To Let Deal Yields 5.75%, 2 Bed Semi, Elm Road, Walsall, WS3.
A 2 bedroom semi detached house in the Leamore area of Walsall, currently marketed by Goodchilds (01922 312016). The property could be rented as it is, but it does have a very unique style about it, so I would recommend making changes to the decor, but it is not absolutely essential.
Today’s Buy To Let Deal Yields 5.71%, Cunningham Road, Walsall, WS2.
A three bedroom semi detached house on a popular Bentley estate in Walsall. The property has a very nice spec and could be let as is.
There are one double bedroom and two single bedrooms plus a family shower room, no bath in this one. Top this off with a modern kitchen and an extension to the property which has been turned into a sun room. The rear garden is large and is for the gardeners amongst us. parking is on-road. 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.
Today’s Buy To Let Deal Yields 6.25%. A 3 Bed Semi, Beeches Place, Walsall, WS3.
Every now and again a surprise package of a property turns up and I thought I would share my latest find with you.
Priced at £120k for a three bed semi is about average for the type and area. It is immaculately presented with a modern fitted kitchen and bathroom. The surprise feature is the large curtilage at the front of the property, which can easily accommodate several vehicles, but obviously as a landlord you wouldn’t want to turn this part of the property into a small caravan park. However, the reality of the situation is that professional couples/ families generally have more than one car. So, this would be ideal in meeting that requirement.
The full property details are here. I appraise the property at £625.00 pcm producing a yield 6.25%.
Today’s Buy To let Deal Silver Street, Walsall, WS8 With Yields Of 6.00%.
A two bedroom semi detached house on a newbuild estate in the Brownhills area of Walsall. This is completely ready to go. The spec is immaculate. The property has two double bedrooms, the master bedroom has an en-suite shower room. There is also a guest WC. The property also benefits from double glazing and gas central heating. It would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities.
Today’s Buy To Let Deal 3 Bed Semi, Churchill Road, Walsall, WS2, With Yields Of 6.25%.
A very nice spec indeed on this semi in the Bentley area of Walsall. A good sized property with two double bedrooms and a single. It also has double glazing and gas central heating. Another great buy to let deal that requires little or no change to the decor. Normally I would say that a property like this would rent for just under £600.00 pcm, but the large curtilage parking at the front of the property allows for a little extra squeeze to £625.00.
As a Walsall landlord is it wise to set up a Limited company?
A question I get asked all too often is around whether to set up a limited company or not? I’ve always maintained my expertise is not around tax (as much as it is the Accountant’s job and that’s why I have one..you should do too), but on this platform I can always share my thoughts with you.
In November 2015, George Osborne disclosed plans to restrain the buy to let (BTL) market, implying its growing attractiveness was leaving aspiring first time buyers contesting with landlords for the restricted number of properties on the market. One of things he brought in was that tax relief on BTL mortgages would be capped, starting in April 2017. Before April 2017, a private landlord could claim tax relief from their interest on their BTL mortgage at the rate they paid income tax – (i.e. 20% basic /40% higher rate and 45% additional rate).
So, for example, let’s say we have a Walsall landlord, a high rate tax payer who has a BTL investment where the rent is £600 a month and the mortgage is £400 per month. In the tax year just gone (16/17), assuming no other costs or allowable items …
Today’s Buy To Let Deal, 2 Bed Terraced House, Redhouse Street, Walsall, WS1. With Yields Of 5.70%.
A traditional two bedroom terraced house in the Palfrey area, Walsall, and a popular one for rentals. It checks all the boxes in terms of the size, style and price, but as a ready to go rental it isn’t. Well, If you are willing and I think you should be, to spend a little to gain a little more. Then changing the flooring and the decor is a must. The kitchen may need looking at as well, but it’s hard to tell from just the one photo. The property has two reception rooms and both bedrooms are double and there is a cloakroom WC as well.
The location is ideal for local schools both public and private (Mayfield Prepatory and Queen Mary’s Grammar schools are approx 2 miles away). Healthcare amenities such as doctors, dentists and chemists are within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre just a mile away. There is double glazing, gas central heating and parking is on-road.
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