Letting Agents Fee Ban

My BTL Deal Of The Week, Kenilworth Crescent, Walsall, WS2 With Yields Of 5.76%.

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

A two bedroom semi detached house on the popular Reedswood estate in Walsall, WS2. The property will need some changes to the decor, but otherwise is perfect for rental.

There are two double bedrooms, one with fitted wardrobes.  A modern kitchen with integrated oven/ hob, a family bathroom with shower, 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.

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

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

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 Day 2 Bed End Terraced House Bloxwich Road, Walsall, WS2 Yields 5.73%

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

A traditional two bedroom end terraced house in between Walsall and Bloxwich town centres. The spec is decent enough with the decoration having been recently upgraded.

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My BTL Deal Of The Day Is A 3 Bed Semi In Shelfield, WS4 Yielding 7.50%.

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

This 3 bed semi detached home is situated on Woodbridge Close, Shelfield, Walsall, WS4.  On the market with Bairstow Eves (01922 312791).  Priced at £100k, but asking for offers over that amount. The full details can be found here.

If you would like an instant online appraisal as to the rental value of your property, please click here.

The property looks well maintained and in good decorative order, but without an internal viewing it is difficult to assess what improvements are required, if any.

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Today’s Buy To Let Deal – 2 Bed Terraced House, Essex Street, Walsall, WS2 – Yields 7.00%

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

A traditional terraced house on the north side of the town. The spec is very good and should be good to go pending an actual viewing, which I would highly recommend.

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Buy To Let Deal Of The Day Via Auction Yields Over 10%

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

This one bed roomed  apartment is situated at Bridge Lofts, Leicester Street, Walsall, WS1.  On the market with Cottons chartered surveyors (0121 396 0665).  Priced at £52k, which is a guide price as the property is up for auction on 27/03/2018. The full details can be found here.

A yield of 10.61% was what caught my eye, which is based on an already achieved rent of £460.00 pcm. It really is a steal for anybody wishing to invest as a part of their extensive portfolio or as a first investment.  Situated in the heart of the town centre the property is ideal for the single professional.

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Today’s Buy To Let Deal – 3 Bedroom End Terrace House, Holford Avenue, Walsall, WS2, Yields 5.77%

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

A three bedroom end terraced house, Holford Avenue, Bescot, Walsall, WS2. This property is presented very nicely and with a very acceptable spec. It can be let as it currently stands though I would take a closer look at the rear garden, it could do with some sprucing up. The property type and high standard of spec makes it ideal for working professionals.This 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. The return journey could be a little longer if the Saddlers lose that Saturday. For your weekly shopping supplies look no further than the large Morrisons superstore just around the corner. It has a petrol forecourt as well…Handy!

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Today’s Buy To Let Deal Yields 5.04%, Two Bed Terraced, Poppy Drive, Walsall, WS5.

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

A modern two bedroom terraced house, Poppy Drive, Walsall, WS5 on the very popular Tamebridge estate. The full property details can be found here.

The marketed value is for offers over £125k. Personally, I don’t see this property selling at that price. I have written previous articles on similar properties that the asking price was around £110k, here are just three to have a look at:

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Some properties have sold at around the asking price here, but realistically the selling price should be somewhere between £110k – £120k depending on the quality of the spec and that’s where I want to focus on next.

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Today’s BTL Deal, One Bed Semi, Wareham Close, Walsall, WS3 Yields Of 7.20%.

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

A one bedroom terraced house in a popular estate in Walsall for rentals. It is a very nice spec and billed as a buy to let opportunity and already being let as is. However, it is not clear from the listing whether the property comes with the current “Sitting tenant”. It is a modern build with all the relevant features e.g. double glazing, gas central heating type, fitted kitchen, bathroom with shower, low maintenance gardens 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.

The current asking price is fore offers over £75k and based on the current rental of £450.00 pcm will return a yield of 7.20%. However, I feel that offers “Over” the asking price are asking a little too much.

Currently on offer with Goodchilds (01922 312016) click here for the full details http://www.zoopla.co.uk/for-sale/details/40817062 and the EPC can be found here.

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment.

For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01922 311016, you can always email me on salekm@ashmorelettings.co.uk.

Don’t forget to visit the links below to view back dated deals and Walsall Property News

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Walsall Landlords and Tenants : What does the Tenant Fee Banning order mean for you?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
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  • Tenant Fees set to be banned within 12 to 18 months
  • Rents due to rise as those fees passed to Landlords
  • Landlords won’t be worse off – and neither will tenants or agents

With our new Chancellor of the Exchequer revealing a ban on tenant fees in his first Autumn Statement on Wednesday what does this actually mean for Walsall tenants and Walsall landlords?

The private rental sector in Walsall forms an important part of the Walsall housing market and the engagement from the chancellor in last Wednesday’s Autumn Statement is a welcome sign that it is recognised as such. I have long supported the regulation of lettings agents which will establish and cement best practice across the rental industry and, I believe that measures to improve the situation of tenants should be introduced in a way that supports the growing professionalism of the sector. Over the last few years, there has been an increasing number of regulations and legislation governing private renting and it is important that the role of qualified, well trained and regulated Lettings Agents is understood.

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