2 Bedroom End Terraced House, Newton Place, Walsall, WS2 With Yields Of 6.30%.

 

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A deceptively large end terraced house on the outskirts of the Beechdale estate in Walsall. The area has gone through some major redevelopment over the last decade or so, which has certainly helped in raising the area’s profile. The décor looks very nice and unless major changes are required, I would advise leaving as is. The flooring looks hard wearing and doesn’t look like it requires changing.  Unfortunately, there is no photo of the bathroom, which seems a bit odd, but as I always say, that’s what viewings are for.  However, the piece-de-resistance of this little baby is the huge garden. I mean, it looks like you could build another house on it! The location benefits from being within easy reach of the Reedswood Retail Park and junction 10 of the M6 and in the vicinity of other major transport routes leading to Walsall, Willenhall and Bloxwich town centres. There is also a wide selection of schools within a mile or so radius including the Mirus Academy.

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Walsall landlords and ex-council properties. Would you buy one?

Walsall landlords and ex-council properties. Would you buy one?
Walsall landlords and ex-council properties. Would you buy one?

Do you remember the ‘Right to Buy’ scheme my Walsall Property Blog readers? The ‘Right to Buy’ (RTB) scheme was a policy introduced by Maggie Thatcher in October 1980 which gave secure council tenants the legal right to buy the Council home they were living in with huge discounts.  The heyday of Council ‘Right To Buys’ was in the 80’s and 90’s, when 1,719,368 homes in the country were sold in this manner between October 1980 and April 1998.  However, in 1997, Tony Blair’s New Labour reduced the discount available to tenants of council houses and the numbers of properties being bought under the RTB declined.

So what does this mean for Walsall homeowners and landlords?  Well quite a lot in fact!

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2 Bedroom End Terraced House, King Street, Walsall, WS1 With Yields Of 7.20%.

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Another attractively priced traditional terraced house. I would suggest before letting that the décor be upgraded and also changing the flooring to a hard wearing type.  The location is ideal being about two miles from M6 junction 9 and in the vicinity of other major transport routes leading to Walsall, Wednesbury and West Bromwich town centres. There is also a wide selection of schools within a mile radius including Palfrey Junior School and Joseph Leckie Academy.

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2 Bedroom End Terrace House, Jane Lane Close, Walsall, WS2 With Yields Of 7.20%.

 

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As the post states, ‘Attractively priced for a quick sale’. A lettable spec as it currently stands, but I would suggest making some improvements to the flooring and décor. The location is ideal being about a mile or so from M6 junction 10. There is also a wide selection of schools within half a mile radius including Lodge Farm junior and mixed infant school and Willenhall E-ACT Academy.

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“Intriguing” 2 Bedroom Terraced House, Windsor Street, Walsall, WS1. With Yields Of 7.12%.

 

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A traditional two bedroom terraced house in the centre of Caldmore, a popular area of Walsall. Unfortunately the photos that have been posted on the listing are too small to get a good look at it properly. However, by the look of the refurbished kitchen and what you can see, I would urge a viewing, the spec looks perfect to let as is. The location is ideal for local schools both public and private (Mayfield Prepatory and Queen Mary’s Grammar schools being just half a mile 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.

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“Looks familiar” 3 Bedroom Semi Detached House, Peacock Road, Walsall, WS10. With Yields Of 6.26%.

 

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This property has recently been placed on the market in the last couple of days, however most surprising of all is that this particular property was once in my rental portfolio some years ago. Unfortunately, the property listing lacks any internal photos, so I am unable to comment on the current state of the inside of the property. However, the rear garden doesn’t look like it has been upgraded in a while, so maybe the internal decoration may require some work also. But as I always say, That’s what viewings are for. It’s a medium sized 3 bed and suitable for a small family.

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“Excellently Presented” 2 Bedroom Semi Detached House, Hydes Road, West Bromwich, B71 With Yields Of 5.08%.

 

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Not strictly in Walsall in this one, but it’s only 4 miles away from Walsall Town centre and I wanted to help a friend out, so I’ll let it in. A large two bedroom semi detached house excellently presented and in superb condition. Technically, this is a two bed, but the loft is currently being used as a third bedroom and is large enough for a single bed and some extra storage space. It has a very rustic feel about it with lots of autumnal colours and can be let as it is. It is ideal for the working professionals or a small family. The location is ideal being about two miles from M6 junction 9 and within easy reach of West Bromwich, Wednesbury and Walsall town centres. Less than half a mile away there are a good selection of education centres such as Wodensborough Community Technology College and Moorlands Primary School.

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3 Bedroom Semi Detached, Castle Street, Walsall, WS8. With Yields Of 6.49%.

 

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A three bedroom semi detached house, Castle Street, Walsall, WS8. The asking price is in the region of £110000 with Bairstow Eves of Walsall (01922 392 791).

Check it out here: http://www.zoopla.co.uk/for-sale/details/39047550

I really like the look of this one, however not all the aspects of the property have been covered in the posted photos. The spec is excellent with a large lounge, modern fitted kitchen and bathroom. I appraise the rental as £595.00 pcm, which is very much in keeping with properties of this type and in this area. If the property sells at the current asking price the yield is in the region of 6.49%.

Interestingly, the asking price has been reduced by 8% already for the four months it has been on the market and I hasten to add, if it sells at the current asking price there is a slight increase in capital growth as well, at around 11%.

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Where are the Walsall youngsters going to live?

Where are the Walsall youngsters going to live?
Where are the Walsall youngsters going to live?

When my parents bought their first house in Walsall in the late 1960’s, they were in their early 20’s. Interestingly, looking at some research by the Post Office from a few years ago, in the 1960’s the average age people bought their first house was 23.  By the early 1970s, it had reached 27, rising to 28 in the early 1980’s.

This year alone, 3,538 people in Walsall will turn 28 and 3,560 in 2017.. and dare I say 3,740 in 2018 .. year in year out the conveyor belt carries on .. where are the Walsall youngsters going to live?

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2 Bedroom Terraced House in Walsall, Rugeley Road, Chase Terrace, WS7. With Yields Of 6.00%.

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A two bedroomed terraced house on Rugeley Road, Chase Terrace, WS7. There doesn’t appear to be many improvements to make apart from a few minor decor changes. However, the major focus needs to be the rear garden. It isn’t a large garden so the cost can be kept to a minimum.

A nicely sized property with living and dining area. The kitchen is of modern design and has space for white goods. The two bedrooms are of comparable size and large enough for double beds and plenty of storage. The parking is on-road by the looks of things. The property is finished off with double glazing and gas central heating throughout.

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