property deals walsall

The Walsall Bedroom Problem….Opportunity or Hindrance?

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , , ,
The Walsall Bedroom Problem….Opportunity or Hindrance?
The Walsall Bedroom Problem….Opportunity or Hindrance?

When my research showed me this statistic, the first question that popped into my mind was; “Is this a problem or an opportunity?”

The orthodox way of classifying property in the UK is to look at the number of bedrooms rather than its size in square metres – although now we are leaving the EU, I wonder if we can go back to feet and inches!

It seems that homeowners and tenants are happy to pay for more space. It’s quite obvious, the more bedrooms a house or apartment has, the bigger it is likely to be. The reason being, not only the actual additional bedroom space, but the properties with more bedrooms tend to have larger or more reception/ living rooms. However, if you think about it, this isn’t so astonishing given that properties with more bedrooms would typically accommodate more people.

In today’s Walsall property market, Continue reading →

SOLD!! 3 Bed Semi in Delves, Walsall, WS5 – Yields of 6.0%

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

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Just thought for a change I would inform you about a property I wrote about on the blog a few weeks ago.  The property has now been sold (STC).  At this stage I’m not sure if it has been purchased as a principal home or for buy to let.  I will monitor this and confirm on a later post once the figures are in.  The full details of my post can be found below by following the link:

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Bargain property in Walsall, WS3 – Yields of 6.0% upwards

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

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This 3 bed mid terrace house is situated on Dartmouth Close, Bloxwich, Walsall, WS3.  On the market with our friends at Alexander James, Burntwood (01543 526002).  Priced at £110,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/37907657

So is this property really a bargain?  At a glance there doesn’t seem to be much about the property that jumps out at you but as I delved deeper into the details I found some interesting facts which, in my humble opinion (or IMHO lol), made me arrive at my conclusion.  Here are my thoughts on what I found very interesting….

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3 Bed Semi with Potential in Walsall Wood, WS9 – Yields of 5.0%

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

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This 3 bed semi detached home is situated on Prince Street, Walsall Wood, Walsall, WS9.  On the market with our friends at Goodchilds (01543 526869).  Priced at £154,950.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38852127

Those of you that know me, you know how I like my stats!!  So as I was trawling through the WS9 postcode stats I noticed how prices for 3 bed semi’s in this postcode area had increased over the past 12 months by a healthy 7.04%.  This grabbed my attention as it is one of the postcodes which has helped to maintain the average price increase for properties in Walsall to a decent level against the overall figure.

Looking at some of the properties for sale in this area I came across this one which I thought would be a good potential buy to let for initially, a decent rental yield however, most importantly I feel with a little investment this could provide great capital growth for the future.

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Can something be too good to pass up on?

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

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This 2 bed apartment is situated at Slaney Court, Bescot, Walsall, WS2.  On the market with Redstones (01902 212743).  Priced at £59,950.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38780531

Is there any such thing as too good that we can’t help but oblige ourselves?  I remember purchasing a buy to let a few years ago when I had no intention to do so.  At the time I wasn’t in the market for a property to rent but looking for our family home.  A local agent asked me to take a look at something as I would be in the area looking at something else so I went along, reluctantly I hasten to add.  This visit resulted in a property I purchased where even today I am achieving a yield of 11.88%!!

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3 Bed Semi in Delves, Walsall, WS5 – Yields of 6.0%

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

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This 3 bed semi is situated on Fullbrook Road, Delves, Walsall, WS5.  On the market with Homepoint (01922 312002).  Priced at £110,000.  Full details can be found by following the link below:

http://www.zoopla.co.uk/for-sale/details/photos/38617319

Now first a disclaimer.  I’m not writing about the Delves area of Walsall on purpose – honest!!  It’s just that properties are turning up in this area for sale at reasonable prices.  Coupled with other factors and indicators around capital growth and current yields it just makes sense to me.

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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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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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