walsall property market

My BTL Deal Of The Day Is A 3 Bed Semi In Rushall, Walsall, WS4 Yielding 5.57%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

This 3 bed semi detached home is situated on Burton Avenue, Rushall, Walsall, WS4.  On the market with Express Estate Agency (0161 300 3987) and marketed at £140k. The full details can be found here.

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

From the outset I have to admit that the kerb appeal of this property isn’t that great, however, open the front door and it’s like you have entered through the tradesmans’ entrance to the secret world of Narnia. It’s large, open, full of light and neutrally decorated.

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My BTL Deal Of The Day, 3 Bed Semi House, Larchwood Road, Walsall, WS5 With Yields Of 5.57%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

A very nicely presented three bedroom semi detached house on Larchwood Road, Tamebridge, Walsall, WS5. The asking price is £140k with Yopa (01322 584475), you can find the full property details here.

Located in the highly popular and very desirable Tamebridge estate, speaks volumes as to the location and therefore the potential for long term letting.

There are two double bedrooms and a single bedroom. There is a conservatory extension to the rear.

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My BTL Deal Of The Day Is A 3 Bed Semi In Shelfield, WS4 Yielding 7.50%.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

This 3 bed semi detached home is situated on Woodbridge Close, Shelfield, Walsall, WS4.  On the market with Bairstow Eves (01922 312791).  Priced at £100k, but asking for offers over that amount. The full details can be found here.

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

The property looks well maintained and in good decorative order, but without an internal viewing it is difficult to assess what improvements are required, if any.

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My Buy To Let Deal Of The Day, 3 Bedroom Semi Detached House, West Bromwich Road, Walsall, WS5. With Yields Of 5.78%

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , , , ,

A very nice specced 3 bed semi on West Bromwich Road, Walsall, WS5, marketed by Purple Bricks (0121 721 9601). It doesn’t need anything doing to it from what I can see of it and can be let as is as far as I am concerned. There is gas central heating and double glazing. The bathroom is on the ground floor and does not have a bath, but does have a bidet.

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The ‘Hodgepodge’ of Walsall Property Mini Markets

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
The ‘Hodgepodge_ of Walsall Property Mini Markets
The ‘Hodgepodge_ of Walsall Property Mini Markets

A Royal Wedding, Russia, Facebook, Brexit, Trump, House prices up, House prices down … the Press is full of column inches on Brit’s favourite subjects of politics, scandal, weather and not forgetting (and I appreciate the irony of this!) the property market. As an agent belonging to a national group of letting and estate agents, talking to my fellow property professionals from around the UK, the one thing that is immediately apparent is the UK does not have one property market. It is a hodgepodge patchwork (almost like a fly’s eye) of lots of small property markets all performing in different ways.

… And that made me think … is there just one Walsall Property Market or many?

I like to keep an eye on the property market in Walsall on a daily basis because it enables me to give the best advice and opinion on what (or not) to buy in Walsall, be that a buy-to-let property for a Walsall landlord or an owner occupier house for a home owner.  So, I thought, how could I scientifically split the Walsall housing market into segments, so I could see which part of the market was performing the best and/ or the worst.

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Today’s Buy To Let Deal Is A 3 Bed Terraced House, Yew Tree, Walsall, WS5 Yields 5.49%

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

A 3 bed terraced house on Birchfield Way, Yew Tree, Walsall, WS5. On the market with Bairstoweves (01922 312791) and priced at £130k. Full details can be found here.

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2 Bed Terraced House Walsall WS2 Yielding 5.71% Is My Buy To Let Deal Of The Day

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , ,

A two bedroom end terraced house on the popular Reedswood estate in Walsall, WS2. The property is a modern newbuild only being only 10 years old. The spec is very nice and could be let as is.

There are two double bedrooms, a modern bathroom and a modern kitchen with integrated oven/hob. There is also a small low maintenance 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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Walsall Property Market has a ‘Rentirement’ problem.

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
Walsall Property Market has a ‘Rentirement_ problem.
Walsall Property Market has a ‘Rentirement_ problem.

I think I’ve created a new word! Yes, I said ‘rentirement’, not retirement. Let me define it: rentirement , Renters who are currently in their 50’s and 60’s who don’t own their own home but rent their home, privately, from a buy to let landlord.

In Walsall, there are just under 1416 rentirees and this number is growing steadily! How…?! Read on to find out…

The truth is that these Walsall people are prospectively soon to retire with little more than their state pension of £155.95 per week, probably with a small private pension of a couple of hundred pounds a month, meaning the average Walsall rentiree can expect to bring in about £200 per week once they retire at 67.

The ‘Rentirement’ Time Bomb…

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Property in Walsall purchased for £1k!!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , , , ,
Property in Walsall purchased for £1k!!
Property in Walsall purchased for £1k!!

At a recent family gathering my sister and I were talking about various sibling stuff when the conversation shifted to how she ended up at the property she resides at now.  It became very interesting when she brought out a folder with a plethora of information and history left by the previous owners.

Walsall property owners may be interested in knowing the property built in 1947 was purchased for £1,000 with a mortgage of £700!!

The monthly mortgage payments were £4, 4S which I have no idea how much that translates to in today’s money…however…the thought of buying property for £1k and paying a £4-5 mortgage nowadays is one of dreams.

1947 Walsall Co-op Society Mortgage Agreement
1947 Walsall Co-op Society Mortgage Agreement
Mortgage payments schedule for Walsall property 1947
Mortgage payments schedule for Walsall property 1947

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Today’s Buy To Let Deal – 2 Bed Terraced House, Essex Street, Walsall, WS2 – Yields 7.00%

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Buy to Let Property Deals , , , , , , , , , , , , , , ,

A traditional terraced house on the north side of the town. The spec is very good and should be good to go pending an actual viewing, which I would highly recommend.

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