More good news for Walsall landlords is this 2 bedroom semi detached house on Station Road, Walsall, WS4 with a sitting tenant. The property is being marketed by Goodchilds (01922 312016). The full property details can be viewed here.
Spare Rooms Walsall
My BTL Deal of the Day 2 bed Semi Station Road Walsall WS4 Yielding 5.49%.
A 2 bedroom semi detached house on Station Road, Walsall, WS4. The property is being marketed by Dixons (01902 596628). An excellent spec, which will need some tweaking to the decor. The full property details can be viewed here.
My BTL Deal Of The Day Yorkshire Grove, Walsall, WS2, Yielding 5.54%.
Another property on Yorkshire Grove on the Shropshire Close estate is a very nice 2 bed semi.
MY BTL Deal Of The Day 3 Bed Semi Poukhill Close, Walsall, WS2, Yields 5.12%.
Just added to the market by Yopa (01322 584 475) is a three bedroom semi detached house in the Reedswood area of Walsall. My first impression is that it is a nice sized property, but the decor would need to be changed to something more neutral for a rental property. The property has everything that is to be expected for a property of this quality. There is off-road parking to the front in the form of a blocked paved driveway. there is a garage, but would not be able to be used as such, but as storage. The front and rear gardens are low maintenance and of average sizes. All three bedrooms are double sized and the kitchen and bathroom are of modern design. Additionally, there is a dining room, conservatory and utility room. Top it all off with gas central heating and double glazing and you have a very nice rental property in a highly sought after area.
My BTL Deal Of The Day 2 Bed Semi Walsall WS2 Yields 5.31%
A good looking 2 bed semi on Darlaston Road, Walsall, WS2. It has a decent sized rear garden with an overlooking sun room. It’s a pretty good spec and by the looks of the photos, doesn’t need anything doing to it, but as I always say, “that is what viewings are for”. There are two double bedrooms, a Modern style bathroom, but unfortunately there is no picture of the kitchen. There is a Veranda, which looks like it is being used as a utility room. Parking is off-road. Located on the main Darlaston Road it is not far from Walsall, Darlaston and Wednesbury town centres.
My BTL Deal Of The Day Is A 3 Bed Semi In Rushall, Walsall, WS4 Yielding 5.57%.
This 3 bed semi detached home is situated on Burton Avenue, Rushall, Walsall, WS4. On the market with Express Estate Agency (0161 300 3987) and marketed at £140k. The full details can be found here.
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From the outset I have to admit that the kerb appeal of this property isn’t that great, however, open the front door and it’s like you have entered through the tradesmans’ entrance to the secret world of Narnia. It’s large, open, full of light and neutrally decorated.
My Buy To Let Deal Of The Day, 3 Bedroom Semi Detached House, West Bromwich Road, Walsall, WS5. With Yields Of 5.78%
A very nice specced 3 bed semi on West Bromwich Road, Walsall, WS5, marketed by Purple Bricks (0121 721 9601). It doesn’t need anything doing to it from what I can see of it and can be let as is as far as I am concerned. There is gas central heating and double glazing. The bathroom is on the ground floor and does not have a bath, but does have a bidet.
Humongous Change of Walsall’s Shared Households!!
A day in the life of a Property Manager is never dull. One of the joys of my profession is meeting interesting people every day. If I had to choose who I enjoying meeting the most (landlords, tenants, contractors, developers, solicitors, other fellow professionals) then, I would have to say…landlords! The cogs of a landlord have always intrigued me and they can come up with some of the most interesting topics/ thoughts/ questions ever!!
The other day I met with a Walsall landlord who told me that he had been chatting with an architect friend of his who informed him that back in the mid 2000’s, the developments he was asked to draw up were a balance of one and two bed properties, compared to today where the majority of the buildings he is designing are more towards two and sometimes three bedrooms. Now of course, this was all subjective but it made me think if there was any truth in that and how this affected the Walsall property market?
Walsall’s Spare Rooms..Perhaps the Answer to our Housing Crisis?
Of the 107,822 households in Walsall, 33,667 of those properties don’t only have one spare bedroom, but two spare bedrooms! Could this be the cure for Walsall’s housing crisis?
The fundamental problem is the fact that the supply of homes to live in has not historically met demand, increasing property values and rents, thus ensuring home ownership becomes an unattainable ambition for the youngsters of Walsall.
Let’s state the obvious..demand needs to drop or supply needs to rise to stop this trend getting worse for the generations to come. Don’t get me wrong, I admire Downing Street’s plans to build 200,000 starter homes which will be offered to first time buyers under 40 with a minimum 20% discount price. However, the building of starter homes on current building sites, where new homes builders already have to build a certain number of affordable ‘starter’ homes at the moment under a different scheme, does not increase the stock of new ‘starter’ homes, it simply replaces one affordable scheme with another.
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