Buy To Let Deal Of The Day, Clary Grove, Walsall, WS5 With Yields Of 6.00%.

A two bedroom terraced house on the prestigious and popular Tamebridge estate in Walsall. The area is very high profile area for renting and rental prices tend to attract a premium on the estate.

It looks like it is ready to go and could be let as is. You may wish to do some minor decor changes, but this is not essential.

The property has double glazing and gas central heating. Parking is off-road. I would recommend a viewing sooner rather than later. The location is within easy reach of all the major road networks, services and other amenities lending easy access to Walsall and West Bromwich town centres.

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Today’s Buy To Let Deal, Pargeter Street, Walsall, WS2. With Yields Of 5.70%.

The decor is not to everyone’s taste, however, do not let that stop you from letting it as it is. In my opinion it would be better to change the decor throughout. Why not arrange a viewing today, the photos are good enough reason to!

A two bedroom terraced house in the Birchills area of Walsall, WS2, The asking price is £100,000, which I think is slightly overpriced, but since offers are to be, “In the region of” I would have no qualms in making a lower offer. I have featured similar properties in the same street, but have better specs. Though there is not a lot in it, negotiation is part of the process.

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Today’s Buy To Let Deal 2 Bed Terraced House, Faraday Road, Walsall, WS2 With Yields Of 6.33%.

A reasonably sized end terraced house close to the centre the Beechdale estate in Walsall. The area has gone through some major redevelopment over the last decade or so, which has certainly helped in raising the area’s profile. The décor may need some changes, that blue bedroom for instance is a bit overpowering, but it could be let as is.. The flooring is hard wearing and doesn’t look like it requires changing.  The bathroom and kitchen are of both modern design. The bathroom doesn’t have an electric shower, however I would advise to install one. They’re not that expensive and is kind of expected these days for prospective tenants whom have a lot of choice.  Unfortunately, there isn’t a photo of the rear garden. Parking seems to be off-road as there is a little piece of curtilage to the side of the proeprty.

The location benefits from being within easy reach of the Reedswood Retail Park and junction 10 of the M6 and in the vicinity of other major transport routes leading to Walsall, Willenhall and Bloxwich town centres. There is also a wide selection of schools within a mile or so radius including the Mirus Academy.

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Walsall Property Values Increase by £15.84 a Day!

Walsall Property Values Increase by £15.84 a Day!
Walsall Property Values Increase by £15.84 a Day!

Investing in Walsall buy to let property is a little different to investing in the stock market and arguably more rewarding than the latter. Or you could of course pledge your hard-earned cash in the Building Society. When you invest your money in the Building Society, this is considered by many as the safe option but the returns you can achieve are, in my opinion, miserably low (the best 2-year bond rate from Nationwide is a whopping 0.75% a year!). The Stock Market can give good returns, but unless you are a city whizz kid or on the phone every day to your Stockbroker it is difficult to make positive returns. The masses usually invest in stock market funds, making the investment quite hands off and one always has the feeling of not being in control.

However, with buy to let, things can be more hands on. One of the things many landlords like is the physical nature of property – the fact that you can touch the bricks and mortar. It is exactly this which attracts many of Walsall’s landlords – they feel they are making their own decisions rather than assigning them to city whizz kids in Canary Wharf playing Russian roulette with their savings.

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Today’s Buy To Let Deal, Valley Road, Walsall, WS3. With Yields Of 7.14%.

Another buy to let deal in the same street as another one I did a couple of weeks ago and also a 3 bedroom semi detached house. Marketed by Your Move (01902 596633). It appears to be a very decent spec. It could be let as is, but what I would do is change some of the decor and floor coverings. The kitchen is huge and modern, which could easily accommodate a dining area.

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Today’s Buy To Let Deal, An Excellent 2 Bed Terrace, Remington Road, Walsall, WS2. With Yields Of 6.30%.

A 2 bedroom terraced house in the Beechdale area of Walsall. Marketed by I Love Homes (01922 312832). This is a really impressive spec and ready to let and set in a popular and flourishing rental area. If that isn’t an incentive to have a look inside for yourself, I don’t know what is?

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Humongous Change of Walsall’s Shared Households!!

Humongous Change of Walsall’s Shared Households!!
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?

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Today’s Buy To Let Deal, 7.14% Yields on this 3 Bed Semi, Bagnall Street, Walsall, WS3.

This is a very nice spec and I think you seriously should take a look at this property.

Priced at £100,000 for a three bed semi, this is an absolute steal. So, book your viewing appointment right now.

The full property details are here.

The pcm for this property would be a minimum of £595.00 yielding 7.14% based on whether you wanted to upgrade the property even more, but it really doesn’t need it and could be let as is.

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

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Today’s Buy To Let Deal, 2 Bed Terraced House, Upper Forster Street, Walsall, WS2. With Yields Of 6.00%.

A two bedroom terraced house literally a stone’s throw from the town centre of Walsall, WS2. It has recently been added (within the last 7 days).

I have to be honest from the outset, the internal decor would need to be changed, it requires making more uniform and lighter. However, there is a modern kitchen and bathroom, gas central heating, double glazing and off-road parking.

The selling price is pretty reasonable for such a property in this location being £110000.

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Walsall Property and the Housing White Paper..Back to the Future Part 2 (2037)!!

Walsall Property and the Housing White Paper..Back to the Future Part 2 (2037)!!
Walsall Property and the Housing White Paper..Back to the Future Part 2 (2037)!!

I had an interesting conversation with a landlord who called me last week.  He manages his own portfolio and seemed well versed with the lettings industry.  He kept himself updated of the constant and fast changing world of housing and all the happenings in the Walsall Property Market.  He said he had been receiving my newsletters for some time now and followed my Blog with interest and wanted to pick my brain on the much awaited housing White Paper.  A summary of my thoughts and discussion with the landlord follows…

In case you didn’t know, a few weeks ago, the Government released a White Paper on housing.  It was interesting to note that the Private Rental Sector (PRS) played a key part in the future plans for housing. This is especially important for our increasing Walsall population.  It follows nicely from the article I wrote last week regarding Walsall property since 1981 where we looked back at what has happened since then.  In today’s article we can marry both the White Paper impact on Walsall’s Property Market, together with projections for the future and how they both tie in.

In 1981, the population of Walsall stood at 255,509…

…and today it stands at 278,902.

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