Today’s Buy To Let Deal Tamebridge Walsall WS5 Yields 6.00%

A two bedroom terraced house, Sorell Drive, Tamebridge, Walsall, WS5. Ideal for a buy to let (BTL) investment opportunity. Marketed Bairstow eves (01926 312791) and at a very reasonable £110k 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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Buy To Let Deal Of The Day Springfields, Walsall, WS4. Yields 6.00%

A modern 3 bedroom terraced house in the Rushall area of Walsall, WS4, currently marketed by Acorns & Co (01926 312060). Plenty of photos showing a very nice spec. The decor is neutral which is excellent news and the carpeting may need to be changed, but not essential.

I would highly recommend a viewing. Based on what we can see you could expect a rental of £625.00 pcm.   Therefore, if the property sells at the current asking price of £125k will result in a yield of 6.00%

If you would like an instant online appraisal as to the rental value of your property, please click here.

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The Buy To Let Let Deal Of The Day Is A Unique 3 Bed Semi Going Once, Going Twice…

This three bedroom semi detached house is beautifully presented. It is situated in Blakenall Lane, Leamore, Walsall, WS3. It is for sale via auction and there is a an open house viewing on Wednesday 7th March 2018 between 3.00 pm and 4.00 pm. Reserve your booking via Goodchilds 01922 312016. It is noted that cash buyers are preferred.

There are plenty of photos to show off the very attractive spec of this property with its many original features which include Minton tiled entrance and stained glass double glazing to mention just two.  It has everything you could want in a property including double glazing, gas central heating, modern fitted kitchen and bathroom.

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. Additionally there are two double bedrooms and a single. Topped off with off-road parking and a large courtyard style rear garden.

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Are all Walsall Tenant’s Needy?!

Are all Walsall Tenants Needy
Are all Walsall Tenants Needy?!

Over the weekend I had an email from one of my Blog reading friends.  I thought I would post this below and discuss in this week’s Blog post as it may benefit the rest of my friends who follow the Walsall Property Blog…

Landlord’s Question:

”Dear Salek,

Over the past two years I have had three different tenants in my rental property in the Delves area of Walsall.  At first each of them came across like ideal tenants.  However, not long into each of their tenancies, problems started to arise.  To cut a long story short, between the three tenancies there have been months of non-payment, plenty of damage to the property and harassment (in the sense that I was called over  40 times in the space of 4 weeks  with requests to change light bulbs, locking themselves out of the property etc).

Why am I attracting these tenants?  Is this a common thing with being a Walsall landlord?’’

 

My Response:

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Today’s Buy To Let Deal – 3 Bedroom End Terrace House, Holford Avenue, Walsall, WS2, Yields 5.77%

A three bedroom end terraced house, Holford Avenue, Bescot, Walsall, WS2. This property is presented very nicely and with a very acceptable spec. It can be let as it currently stands though I would take a closer look at the rear garden, it could do with some sprucing up. The property type and high standard of spec makes it ideal for working professionals.This is further strengthened by its location about half a mile from M6 junction 9, ideal for commuting. For the frustrated footballer in all of us, Bescot stadium is but a short 10 minute stroll away. The return journey could be a little longer if the Saddlers lose that Saturday. For your weekly shopping supplies look no further than the large Morrisons superstore just around the corner. It has a petrol forecourt as well…Handy!

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Recovering Possession of a Walsall Property.

Recovering Possession of a Walsall Property
Recovering Possession of a Walsall Property

I am getting more and more enquiries from my blog reading friends on some technical aspects of property management.  In the past I’ve avoided writing about these types of questions on the Blog by answering them directly.  I find writing about the Walsall property market more interesting but people power has to prevail and I feel I must provide the readership what they seek.

There are various reasons why you may need to recover possession of your rental property.  Below is an enquiry I received recently and my answer.  Hope you find it informative and as always I welcome your feedback.  Do let me know if you have any burning questions you would like me to answer in a similar vein and I’ll do my best to accommodate.

Question:

‘Dear Salek,

I rented my property out when I moved into my husband’s house about 6 years ago and we are now going through a divorce.  I need my property back as I need to move in as soon as possible, so I know I will need to evict the current tenants. How do I correctly serve a notice?

Thank you,

Sue.

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Today’s Buy To Let Deal is Definitely a Must See and Here’s Why!

Right ladies and gents, we are back in Dalkeith street, Birchills, Walsall again. Why, you ask? Well, I’m going to tell you. Firstly, and you may find this hard to believe, but Dalkeith street is blowing up right now, the level of interest from renters is insane. You may remember I mentioned in my last BTL deal post that I helped one of my clients rent out a two bed terraced just like this one recently! The second reason is as follows…I’ve repeated myself over and over again about renters’ expectations and what landlords actually provide. If you are serious about your property empire and want to maximise your portfolio as much as possible, what I am about to show you is the standard you should set yourself on every property you rent out. This is a bog standard two bed terraced house in the heart of Walsall, nothing at all special. However, by just investing a relatively small amount of money to showcase your let, this is what you can and should be achieving. I’m going to let the photos speak for themselves.

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