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.
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.
Today’s Buy To Let Deal, 2 Bed Terraced House, Camomile Close, Walsall, WS5.
A two bedroom terraced house, Camomile Close, Tamebridge, Walsall, WS5. Ideal for a buy to let investment opportunity. Marketed by Bairstow eves (01922 312791) and at a very reasonable £120k asking price. You can find the full property details here.
Situated in the highly popular Tamebridge estate, which is very conducive for long term letting.
Today’s Buy To Let Deal – 2 Bed Terraced House, Essex Street, Walsall, WS2 – Yields 7.00%
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.
Buy To Let Deal Of The Day Via Auction Yields Over 10%
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.
Today’s Buy To Let Deal – 3 Bedroom End Terrace House, Holford Avenue, Walsall, WS2, Yields 5.77%
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!
Walsall Property Blog on Holiday!
Keeping a blog updated can be an exhausting affair so I’ve decided to take a break especially, since the children have holidays. The wedding season is also in full swing (I’m attending two weddings next week!!). I hope to return to the blog towards the end of the month.
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.
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.
www.firstrungnow.com targets first-time buyers and has information on low cost properties for sale. Young buyers wanting to pool resources can find a co-buyer on www.sharedspaces.co.uk or www.co-buywithme.co.uk.
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 happy holidays…
Phone: 01922 311016
3 Bed Terrace in WS1 With a Super Yield of 6.3%
Lord Street, Palfrey, Walsall, WS1 is on the market with Homepoint – Walsall (01922 312002) priced at £99,950. Full particulars are available on the link below:
It may not be the prettiest type of property or in the most affluent area of Walsall but there are many other pros which attracted me to this property. The first point is the yield which at 6.3% is a good return in any investor’s book. Also, the property seems like not much work is required (other than decoration preference). Being in a community where family accommodation is highly sought after this should rent out all day with very little void periods in between tenancies.
Close to Bescot Retail Park, Bescot Stadium (Sunday Market), Morrisons, J9 of the M6, Palfrey Park and my favourite Kebab Shop! Just on the market I would have no hesitation in recommending this to investors seeking a good return in perhaps an unlikely investment property.
If you wish to discuss the above or have any other property related matter you’d like to discuss, I’m happy yo hear your thoughts. Please feel free to contact me or why not send me a link to the property you would like to discuss.
Phone: 0345 257 9850/ 01922 637672
3 Bed Semi with Conservatory – Yield of 5.4%
Wrexham Avenue, Bentley, Walsall, WS2 is on the market with Love Your Postcode B’ham (0121 659 7776) priced at £114,950. For the full particulars please click on the link to the agent’s advert below:
I have to say that I like the look of this property which is situated ideally near J10 of the M6. It has plenty of plus points such as a nice fitted kitchen/ diner and a spacious lounge and conservatory downstairs. A low maintenance rear garden and an upstairs bathroom which you sometimes do not get with these types of houses. Not to mention the cul-de-sac location. The only con is that the driveway is shared and I personally don’t like the argy-bargy of sharing. However, there is plenty of space to make suitable future changes with a garden out front which looks like you would be able to fit several cars after adding a driveway.
2 Bed Maisonette with sitting tenants – potential yield of 6.4%
Thorncroft Way, Yew Tree, Walsall, WS5 is on the market with Shipways (0121 659 1499) at £80,000
The Yew Tree area of Walsall has been the focal point of regeneration for the past 15-20 years now. Development is still ongoing with new housing nearby which is a good indicator of potential capital growth. This property was on the market in March 2015 with an asking price of £100,000 recently reduced to £80,000. Looking at the pictures I would suggest that very little is required by way of improvement to the property and an astute buyer would look to negotiate further on the price.
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