Since I’m on the updating bandwagon, I thought I would have a look at some old buy-to let deals just to see how they’re doing these days. I am happy to report that the majority that I have revisited, are no longer on the market. This one I wrote about on 18/02/2016.

Great news, it’s still on the market and even better news it is available and at a discounted price. Reduced by a cool 9K, not to be sniffed at. If you haven’t already, why not go and have a look?!

The new asking price is in the region of £80000 with Lovett & Co Estate Agents of Lichfield (01543 526 007).

Check it out here:

http://www.zoopla.co.uk/for-sale/details/38612980

Continue reading →

I wrote about this property back in May and luckily it is still on the market almost 5 months later. The good news is that the price has been reduced by 10% to £90000!

A two bedroom terraced house in the Birchills area of Walsall, WS2. An excellent spec here and unless you really want to change the decor, it can be let as is. The asking price is at the higher end due to the higher end spec. The location is ideal for local schools infant, junior and academies including Walsall College all within a mile. Healthcare amenities such as doctors, dentists and chemists are also within easy each. Transport services are very good with bus routes and major road networks nearby with Walsall town centre less than a mile away. There is double glazing, gas central heating and parking is on-road. I would urge a viewing sooner, rather than later.

Continue reading →

Well, it’s been a dry 7 days looking for a deal and today is no exception. A two bed semi in the Wednesbury area of Walsall that you will need to get your cheque book out for.

I’m not going to pull any punches and it’s very clear that it will need new decor, flooring, kitchen and bathroom, at the very least.

Continue reading →

Posted on the 8th September and listed as another investment opportunity. It appears that the local estate agents feel that adding that little phrase to their listings adds some kind of cache to their post. It’s a bit hit and miss based on their “criteria” as an investment, but anyway, it gives the rest of us who are actually interested in searching for properties like these, the chance to see if it does indeed pass muster.

It’s not a bad little spec in a good rental area and will need some changes to the basic decor and some serious consideration as to whether the brick fireplaces stay or not. It does have double glazing and gas central heating.

Continue reading →

A two bedroom terraced house in the Coalpool area of Walsall, WS2. Listed 4 days ago with only one photo. Apparently, more are to follow…

Listed as a ‘fantastic investment opportunity’. Well, is it? If my Spidey senses have taught me anything, based on the price and the lack of photos , kind of tells me this property will need some TLC.

On the positive side, the area is good for rentals and the average pcm price for a two bed terraced house is in the region of £495.00 and many amenities, including schools, are within easy reach.

Continue reading →

A two bedroom terraced house in the Birchills area of Walsall, WS2. Another property in need of upgrading. Like my previous posting, this property will need some investment in order to turn it into a lettable spec and by extension receive an appropriate rental income.

A standard two bed terraced house with two double bedrooms and a downstairs bathroom. There is already double glazing and gas central heating in situ.

The asking price is for offers over £69950. An absolute bargain price and well below average for the type and area.

Continue reading →

A two bedroom terraced house in the Palfrey area Walsall, WS1. The photos clearly show that the property is in desperate need of upgrading. What we have here is a blank canvas and for just a relatively small investment, this property can be turned into a top notch lettable spec.

A bog standard two bed terraced house with two double bedrooms. The description states that there is double glazing, but does not state whether there is central heating, however, the photo of the bathroom does show a boiler in place.

The asking price is for offers over £75000. A bargain price and well below average.

Continue reading →

A two bedroom terraced house in the Chuckery area of Walsall, WS1. Plenty of photos of this one, which shows a very nice lettable spec. Neutrally decorated in the majority of the rooms and with two double bedrooms and a separate cloakroom WC. There is gas central heating and double glazing with one of the bedrooms with single glazing only. Most importantly the property is freehold. The rear garden looks to be in fine fettle, but sadly the cat is not included.

The asking price is for offers of £95000. This is average for a property of this type in this area.

Continue reading →

A two bedroom terraced house in the Wednesbury area of Walsall, WS10. Sadly only one photo exists of the external front of the property and nothing of the internal. However, from the description it seems a fairly good spec with the only admission that the rear garden needs of “Modernisation”. I have no idea what that means, maybe the grass requires sanding down and re-varnishing, I dunno?

The asking price is for offers over £90000. This is just below average for a property of this type in this area, but the fact that offers should be over £90000 means that they are probably looking around £100000 for this one.

Continue reading →