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 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.

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MY BTL Deal Of The Day 2 Bed End Terraced House Locket Close Walsall WS2 With Yields Of 5.73%

A two bedroom two bedroom end terraced house. The spec is very good and should be good to go pending an actual viewing, which I would highly recommend sooner rather than later.

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My BTL Deal Of The Day 2 Bed Terraced House, Walsall, WS2 Yields 5.60%

A two bedroom end terraced house in Dyson Close, Walsall, WS2. This very nice property is worth your time and effort to view.

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My BTL Deal Of The Day 3 Bed Semi, Raymond Close, Walsall, WS2 Yields 5.36%.

A superbly presented three bedroom semi detached house on Raymond close, Walsall, WS2. I recommend you arrange a viewing sooner rather than later as this is going to get snapped up pretty soon.

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My BTL Deal Of The Day Is A 2 Bed Semi, Shropshire Close, Walsall, WS2, Yielding 5.54%.

An immaculately presented two bedroom Semi Detached house, Shropshire Close, Walsall, WS2. The asking price is for offers over £130k and currently marketed by Bairstow Eves (01922 321033). At a rental of at least £600.00 the yield will be 5.54%. Let’s check out why this is such a good investment. The full property details can be found here.

The location is ideal for an investment property being on a very popular estate for rentals and close enough to Walsall and Bloxwich town centres. There is easy access to major transport routes, school and other amenities.

Lets’s take a look inside…

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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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Smokin’! What’s The Deal With Smoke Alarms?

Back in 2015 The Smoke Alarm Regulations came into being. Now, apparently approx 30% of UK residents have never tested their smoke alarms so, what does all of this mean for landlords and tenants?

Let’s talk about landlords first:

  • Landlords must install a smoke alarm on every floor of their rental property.
  • Landlords must install a carbon monoxide alarm in any room with a solid fuel burning appliance (E.g. Coal fire, wood burning stove). Though not a requirement, it is advisable to also install one near a gas appliance.
  • Licensed HMOs are exempt from this regulation as they must comply with separate fire safety regulations.
  • Social housing landlords are exempt.
  • Live-in landlords are exempt.

Whether exempt or not, it would behove all landlords to ensure the safety of their tenants.

  • All alarms should be in working order at the start date of a new tenancy as per the tenancy start date stated in the tenancy agreement. This does not include tenancy renewals.
  • It is advisable to obtain the tenant’s signature for them to confirm that the alarms were tested and working in their presence. This could be included in a document that also confirms they have received all documentation as per the How To Rent Guide“.
  • Or, it could be included in an inventory and schedule of condition.

There are no requirements for a specific type of alarm or on the location of the alarm installation. It is recommended to follow manufacturer’s instructions and that they are installed on a ceiling in a circulation space i.e. hall or landing. Carbon Monoxide detectors should be placed at head height and approx one to three metres from the solid fuel/ gas appliance. If in doubt on the installation of alarms you can also contact you local fire service for advice.

The failure to comply with these regulations is a fine of up to £5000 if the 28 day remedial notice has not been adhered to.

 

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