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.
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?
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?
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.
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.
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.
Staying in the same area as my last buy to let deal because the bargains keep on a comin’. A 3 bedroom semi detached house in the WS3 area of Walsall, currently marketed by Webbs Estate Agents (0121 312727). It appears to be a very decent spec with a distinct ready to let fee…Whoa! What’s going on in the kitchen? That, is it a colour? Well, whatever it is, has to go. But to be honest doing a bit of decorating in the kitchen is no great shakes, we’re in it for the long run.
Priced at £110000 for a three bed semi, this is a good deal. I could show you comparisons with other three bed terraced houses going for more than this one is marketed at.
The full property details are here.
The pcm for this property would be in the region of £550.00 giving a rental yield of 6.00%
Oddly, for some reason, as a 5 year old back in 1981, I remember some things quiet vividly and others not so much thankfully! I can remember there was a lot of snow and black ice everywhere which had me and my father playing games such as taking a running slide to see who can ski the furthest! In other parts of the living world I was happily oblivious to the fact that; Mrs. T was in power, we had a Royal Wedding, England won the Ashes, Walsall FC were managed by Alan Buckley and Bucks Fizz won Eurovision!!
So what has happened to property prices since then I thought? How have things transformed? The number of homeowners and property investors who wished they had in hindsight, purchased up every house in Walsall all those years ago, particularly when you consider what has happened to Walsall property prices since…
…Walsall Property Values since 1981 have risen by 646%!
A 3 bedroom mid terraced house on Irvine Road, Walsall, WS3, being marketed by Purple Bricks (01926 267 659). A nice spec for rental with little or no changes to make, which is improved by a modern kitchen and bathroom. Priced at offers over £115000.
Walsall Property Blog 
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