Covid-19 (Coronavirus): Walsall Landlord & Tenant Information

Covid-19 Coronavirus – Walsall Landlord and Tenant Information

 

There is no doubt we are living in challenging times.  Until recently I thought, the main talking points this April would be around changes to EPCs and EICRs – but things are a little different now.

Walsall Landlords and tenants have a lot of questions about what all of this means for them and what support will be available during the coronavirus pandemic if they need it.

Over the past couple of weeks information/ announcements have been coming through thick and fast.  To help you as best as possible I’ve put together some of the primary information issued by the government for the private rental sector. We’re all aware that things are changing almost daily, and we’re keeping a close eye on the news as the government continues to issue further guidance and support.  The information I have to date is as of 31/03/2020.

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My BTL Deal of the Week is a 2 Bed Semi Walsall WS2 By Modern Method of Auction Yields 8.25%

A 2 bed semi detached house on Monmouth Road, Bentley, Walsall, WS5. On the market with Lovett & Co (01543 526007) and priced at £80k Full details can be found here.

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My BTL Deal Of The Week, Nottingham New Road, Walsall, WS2 With Yields Of 6.50%.

A two bedroom semi detached house on the popular Reedswood estate in Walsall, WS2.

This is just a quick one this week following on from my involvment with the letting of a similar property on the same estate this week.

Sadly, there are no other photos on the listing, but suffice to say it has two double bedrooms, a modern kitchen, a family bathroom with shower, a rear garden and off-road parking. 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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My BTL Deal Of The Week Tamebridge 2 Bed Semi Yields a Minimum 5.78%

A two bedroom Semi detached house, Woodruff Way, Tamebridge, Walsall, WS5. Ideal for a buy to let (BTL) investment opportunity for the right Walsall landlord. Marketed by Purple Bricks (024 7511 8874) and at the asking price of better than 135k. 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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My BTL Deal of the Week 2 Bed Semi Walsall WS4 With A Minimum Yield of 4.93%.

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.

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My BTL Deal of the Week 2 Bed Terraced House Yew Tree Walsall WS5 Yields 7.33%

A 2 bed terraced house on Birchfield Way, Delamere Drive, Walsall, WS5. On the market with Connells (01922 716026) and priced at £90k Full details can be found here.

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The Best Type of Walsall Property For Buy To Let is…

The Best Type of Walsall Property For Buy To Let is…
The Best Type of Walsall Property For Buy To Let is…

In today’s Walsall property market, the Walsall homeowners and Walsall landlords I talk to are always asking me which attributes and features are likely to make their property comparatively more attractive and which ones may detract from the price. Over time buyers’ and tenants’ wants and needs have changed.

The conformist way of categorising property in Britain is to look at the number of bedrooms rather than its size in square metres (square feet for those of you over 50!). My intuition tells me that homeowners and tenants are happy to pay for more space. It’s a little obvious, the more bedrooms a house or apartment has, the bigger the property is likely to be. Also, it’s not only the physical additional bedrooms, but those properties with additional bedrooms tend to have larger (and more) reception (living) rooms. However, if you think about it, this isn’t so surprising given that properties with more bedrooms would typically accommodate more people and therefore require larger reception rooms.

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My BTL Deal of the Week is a 2 Bedroom Terraced House Walsingham Street Walsall WS1 Yielding 6.25%.

A traditional two bedroom terraced house in the Chuckery area of Walsall and a popular area for rentals.

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Brexit – What’s the ‘Deal’ with Walsall House Prices?

Brexit – What’s the ‘Deal’ with Walsall House Prices?
Brexit – What’s the ‘Deal’ with Walsall House Prices?

On a daily basis in Walsall I am talking to landlords and homeowners from all walks of life. Some are serial investors whilst others are accidental landlords or holding a small portfolio. I have always shared my thoughts on the local property market in Walsall and Brexit has come up a few times. Here are some links to past articles I have written on the topic:

25/04/2016  EU vote!! Which way should Walsall landlords vote?

24/06/2016  EU Referendum – 67.9% of Walsall Voters Vote With Their Feet…

20/09/2016  Walsall’s Generation Gap & Brexit – Did the Older Generation Let Down the Young?

09/05/2017  The effects of a ‘Hard Brexit’ on the Walsall Property Market…

I have been holding off giving my thoughts, as I did not want to add fuel to the stories being banded around in the national press. However, it’s obviously a topic that you as Walsall buy to let landlords and Walsall homeowners are interested in…

We may or may not as the case may be, have a potential deal in the offering, there is still an amount of ambiguity about the exit plan so I am going to try and give you what I consider a fair and impartial piece on what would happen in Walsall if a hard Brexit takes place in March 2019.

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My BTL Deal of the Week 3 Bed Mid Terrace Anson Road Walsall WS2 with Yields of 5.73%

Roll up, roll up guys and gals and feast your eyes on this little beauty! My advice? Get in there now and arrange a viewing! Marketed by Connells (01922 716026) at £110k and stated as a ‘Fantastic buy to let investment opportunity’. The spec is bang on the money and ready to go. The full property details can be found here.

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