Walsall Letting Agent..Corporate or Independent?

Walsall Letting Agent..Corporate or Independent? Walsall Letting Agent..Corporate or Independent?

Recently I read a really interesting article by Christopher Watkin, renowned property guru, which really made me think about whether landlords and vendors actually know who they are instructing when putting their property for let or for sale and the implications of being unaware of whether one of the large corporate owns your local agency!

I have noted my opinions and thoughts at the bottom of the article..

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*UPDATE* 2 Bed Semi, Hydes Road, West Bromwich, B71. Now With Yields Of 5.12%.

I originally posted this one on 22/04/2016 and even though it has only reduced by £1000 since then, it’s worth mentioning because of it’s top-notch spec.

You can read the original article here.

Technically, this is a two bed, but the loft is currently being used as a third bedroom and is large enough for a single bed or used as as extra storage space. It is ideal for the working professionals or a small family and located about two miles from M6 junction 9 and within easy reach of West Bromwich, Wednesbury and Walsall town centres. Less than half a mile away there are a good selection of education centres such as Wodensborough Community Technology College and Moorlands Primary School.

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The Walsall Bedroom Problem….Opportunity or Hindrance?

The Walsall Bedroom Problem….Opportunity or Hindrance?
The Walsall Bedroom Problem….Opportunity or Hindrance?

When my research showed me this statistic, the first question that popped into my mind was; “Is this a problem or an opportunity?”

The orthodox way of classifying property in the UK is to look at the number of bedrooms rather than its size in square metres – although now we are leaving the EU, I wonder if we can go back to feet and inches!

It seems that homeowners and tenants are happy to pay for more space. It’s quite obvious, the more bedrooms a house or apartment has, the bigger it is likely to be. The reason being, not only the actual additional bedroom space, but the properties with more bedrooms tend to have larger or more reception/ living rooms. However, if you think about it, this isn’t so astonishing given that properties with more bedrooms would typically accommodate more people.

In today’s Walsall property market, Continue reading

*Update* 3 Bed House, Wolverhampton Street, Walsall, WS10. Now With Yields Of 7.50%.

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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

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*UPDATE* 2 Bed House, Lewis Street, Walsall, WS2. Now With Yields Of 7.00%!

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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.

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2 Bed Semi, Berkshire Crescent, Walsall, WS10. With Yields Of 6.30%.

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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.

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Walsall Properties – Not Selling?!

Walsall Properties – Not Selling?!
Walsall Properties – Not Selling?!

Knowing how saleable a property is, is half the battle when deciding what (or not) to buy for your next property investment. Why? Well because one day, you may need to sell that property. If you go into the purchase with open eyes, you know most of the risks and can barter the price accordingly if you have to.

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2 Bed House, Coltham Road, Walsall, WV12. With Yields Of 6.33%.

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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.

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2 Bed House, Derby Street, Walsall, WS2. With Yields Of 7.61%.

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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.

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Walsall’s Love Affair with the 24,044 Terraced Homes!

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Call me old fashioned, but I do like the terraced house. In fact, I have done some research that I hope you will find of interest!

In architectural terms, a terraced or townhouse is a style of housing in use since the late 1600’s in the UK, where a row of symmetrical/identical houses share their side walls. The first terraced houses were actually built by a French man, Monsieur Barbon around St. Paul’s Cathedral within the rebuilding process after the Great Fire of London in 1666.

Interestingly, it was the French that invented the terraced house around 1610 in the Le Marais district of Paris with its planned squares and properties with identical facades. However, it was the 1730’s in the UK, that the terraced/townhouse came into its own in London and of course in Bath, with the impressive Royal Crescent.

However, we are in Walsall, not Bath, so.. Continue reading