Today’s Buy To let Deal Yields 5.71%. 2 Bed Semi Detached House Balmoral Way, Walsall, WS2.

An immaculately presented two bedroom Semi Detached house, Balmoral Way, Walsall, WS2. The asking price is for offers over £125k and currently marketed by Purple Bricks (01926 267659). At a rental of at least £595.00 the yield will be 5.71%. Let’s check out why this is such a good investment.

Firstly, the location is absolutely spot-on. Close enough to Walsall town centre and located on the border of the burgeoning Reedswood estate. Quick and easy access to the M6, Reedswood Retail park on Reedswood Way, over a dozen schools plus numerous healthcare and sports facilities.

Lets’s take a look inside…

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Today’s Buy To Let Deal Yields 5.77%, 3 Bed Terraced House, Hadley Way, Walsall, WS2.

A 3 bedroom terraced house in the Beechdale area of Walsall. Marketed with Webs estate agents (01922 312727). A highly impressive spec on this one and could be absolutely ready to let.

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Today’s Buy To Let Deal Yields 5.08%, A 3 Bed House, Lumley Road, Walsall, WS1.

A 3 bedroom terraced house on Lumley Road, Walsall, WS1. The property is being marketed by Acorns & Co (01922 312 060). This is a pretty standard spec, but will probably need some decor changes. Marketed at £130k, which I think is slightly overpriced.

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Today’s Buy To Let Deal Yields 5.28%, Poppy Drive, Walsall, WS5.

A two bedroom terraced house, Poppy Drive, Tamebridge, Walsall, WS5. Billed as a fantastic buy to let investment opportunity by Purple Bricks (01926 267659) and at a reasonable £125k asking price. You can find the full property details here.

Situated in the highly popular Tamebridge estate, which is a very popular location long term letting.

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Today’s Buy To Let Deal Yields 5.75%, 2 Bed Semi, Elm Road, Walsall, WS3.

A 2 bedroom semi detached house in the Leamore area of Walsall, currently marketed by Goodchilds (01922 312016). The property could be rented as it is, but it does have a very unique style about it, so I would recommend making changes to the decor, but it is not absolutely essential.

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Today’s Buy To Let Deal Yields 5.71%, Cunningham Road, Walsall, WS2.

A three bedroom semi detached house on a popular Bentley estate in Walsall. The property has a very nice spec and could be let as is.

There are one double bedroom and two single bedrooms plus a family shower room, no bath in this one.  Top this off with a modern kitchen and an extension to the property which has been turned into a sun room. The rear garden is large and is for the gardeners amongst us. parking is on-road. 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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Are Walsall landlords denying our Walsall youngsters?

Are Walsall landlords denying our Walsall youngsters?
Are Walsall landlords denying our Walsall youngsters?

I received a very interesting letter the other day from a Walsall resident. He affirmed he was a Walsall homeowner, retired and mortgage free. In the letter he stated how unaffordable Walsall’s rising property prices were and that he worried how the younger generation of Walsall could ever afford to buy? He went on to ask if it was right for landlords to exploit the inability of others to buy property and if, by purchasing a buy to let property, Walsall landlords are denying the younger generation the ability to, in fact, buy their own home?

Whilst doing my research for my many blog posts on the Walsall Property Market, I know that a third of 25 to 30 year olds still live at home. It’s not surprising then that people are kicking out against buy to let landlords; as they are the gluttonous bad people who are cashing in on a social woe. In fact, most people believe the high increases in Walsall’s (and the rest of the UK’s) house prices are the very reason owning a home is outside the grasp of these younger would-be property owners.

However, the numbers tell a different story…

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Today’s Buy To Let Deal Yields 6.25%. A 3 Bed Semi, Beeches Place, Walsall, WS3.

Every now and again a surprise package of a property turns up and I thought I would share my latest find with you.

Priced at £120k for a three bed semi is about average for the type and area. It is immaculately presented with a modern fitted kitchen and bathroom. The surprise feature is the large curtilage at the front of the property, which can easily accommodate several vehicles, but obviously as a landlord you wouldn’t want to turn this part of the property into a small caravan park. However, the reality of the situation is that professional couples/ families generally have more than one car. So, this would be ideal in meeting that requirement.

The full property details are here. I appraise the property at £625.00 pcm producing a yield 6.25%.

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Today’s Buy To let Deal Silver Street, Walsall, WS8 With Yields Of 6.00%.

A two bedroom semi detached house on a newbuild estate in the Brownhills area of Walsall. This is completely ready to go. The spec is immaculate. The property has two double bedrooms, the master bedroom has an en-suite shower room. There is also a guest WC. 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.

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Today’s Buy To Let Deal 3 Bed Semi, Churchill Road, Walsall, WS2, With Yields Of 6.25%.

A very nice spec indeed on this semi in the Bentley area of Walsall. A good sized property with two double bedrooms and a single. It also has double glazing and gas central heating. Another great buy to let deal that requires little or no change to the decor. Normally I would say that a property like this would rent for just under £600.00 pcm, but the large curtilage parking at the front of the property allows for a little extra squeeze to £625.00.

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