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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My BTL Deal of the Week is a 2 Bedroom Terraced House Walsingham Street Walsall WS1 Yielding 6.25%.

A traditional two bedroom terraced house in the Chuckery area of Walsall and a popular area for rentals.

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My BTL Deal of the Day 2 Bed Semi Ludlow Lane Walsall WS2 with Yields of 5.49%.

A two bedroom semi detached house on a popular Reedswood estate in Walsall, WS2. The property is an absolutely wonderful spec and is very much good-to-go.

There are two double bedrooms, modern kitchen and bathroom, a low maintenance rear garden and off-road parking. 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 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 is a 3 Bed Semi Edinburgh Avenue Walsall WS2 Yields 6.54%

Just added to the sales market today. This very nicely specced property is situated on Edinburgh avenue, Walsall, WS2. Currently marketed with Paul Dubberley (0121 659 6109) for an asking price of over £110k and based on a minimum pcm rental of £600.00 will yield 6.54%.

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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.

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Today’s Buy To Let Deal Is A 3 Bed End Terraced House In Walsall WS3 Yielding 5.20%.

Technically an end terraced house, but looks like a semi, with three bedrooms and is beautifully presented. It is situated on Roebuck Road, Walsall, WS3. It is for sale at a current asking price of £149,950k. Reserve your viewing now by contacting Webbs Estate Agents Ltd on 01922 345939.

There are plethora of images, showingb off absolutely every angle of the property. It has everything you could want in a property including double glazing, gas central heating, modern fitted kitchen and shower room. Three double bedrooms, a conservatory, a lounge, dining room, conservatory, guest wc and a games room with a pool table, yes that’s right, a full sized pool table! Parking is off-road at the front of the house. Top it all off with a medium sized rear garden with patio area and plenty of room for outer buildings.

The location benefits from being within easy reach of all the major road networks, services and other amenities lending easy access to Walsall and Bloxwich town centres.

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2 Bed Semi Yielding 5.49% Makes My Buy To Let Deal Of The Day

A beautifully pressented two bedroom semi detached house on a popular newbuild estate approx 1 mile from Walsall town centre, WS2. The property has an immaculate spec and is ready to go.

There are two double bedrooms, a modern fully fitted, a medium 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.

This property is absolutely ideal for the rental market.

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Walsall Landlords vs Walsall Savers

Walsall Landlords vs Walsall Savers
Walsall Landlords vs Walsall Savers

A couple of articles back, I did a piece on the effect of the 0.25% base rate on the Walsall property market. This time, I want to look at the situation that Walsall ‘savers’ find themselves in.

What, you might ask, has the plight of Walsall savers have to do with the Walsall property market… well, everything in fact!

Read the newspapers, and every financial wizard is stating that with the decision of the Bank of England’s Monetary Policy Committee in early August to cut the Bank of England base rate to an all time low of 0.25%, savers should prepare themselves for interest rates to stay low well into the early 2020’s.

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The Side-Effects of the 0.25% interest rate on Walsall Property.

The Side-Effects of the 0.25% interest rate on Walsall Property.
The Side-Effects of the 0.25% interest rate on Walsall Property.

I had an interesting chat with a Sutton Coldfield landlord who owns a few properties in Walsall. He said he was in town shopping with his wife.  Whilst she was shopping for clothes he thought he would call me whilst taking a break over a coffee.  In his words he went on to say; “Talking about the Walsall property market is a lot more interesting than clothes shopping”!

We had never spoken before as he uses another agent in the town to manage his Walsall properties,  yet after reading my blog on the Walsall market for a while, the landlord wanted to know my thoughts on how the recent interest rate cut would affect him and the property market in general.

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Rents in Walsall Increase!!

Rents in Walsall Increase!!
Rents in Walsall Increase!!

I was reading the Sunday newspapers last weekend whilst drinking my favourite concoction of freshly juiced Apple & Mango juice, when I spotted an article in the financial pages.  It was announced that UK inflation had increased to its highest level in a year.  Inflation, as calculated by the Government’s Consumer Prices Index, rose by 0.3% over the last 12 months.  The report said it had risen to those ‘heady’ levels by smaller falls in supermarket and petrol prices than a year ago.  If you recall, in early 2015, we had deflation where prices were dropping!

So what does this mean for the Walsall property market … especially the tenants?

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