Shangri-La At A Very Reasonable Price. 2 Bed End Terraced House With Yields Of 7.78%.

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A two bedroom end terraced house, Cavendish Road, Walsall, WS2. The asking price is in the region of £80950 with Connells (01922 716 026).  Check it out here:

http://www.zoopla.co.uk/for-sale/details/38932286

It is said that the three most desirable attributes of a property are location, location, location…Enough with the soundbites, but in this particular case, the location is absolutely spot-on. Close enough to Walsall town centre and located on the border of the burgeoning Reedswood estate. Quick and easy access to the M6, Reedswood Retail park on Reedswood Way, over a dozen schools plus numerous healthcare and sports facilities.

Lets’s get inside and get up close and personal.

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Are Walsall tenants priced out of the Walsall Property Market?

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I had an interesting chat with a property landlord the other day about my thoughts on the Walsall Property Market.  The subject of the affordability gap between renting property in Walsall against purchasing came up in conversation and how that would affect tenant demand.  As a local Property Manager I have noticed how, in recent years, our tenancies are being sustained with tenants staying with us for longer.  So my curiosity got the better of me and I just had to take a look at the figures.  Here’s what I found…

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A Superb Family Home Found In Walsall Wood, WS9. 3 Bed Semi Detached House With Yields Of 6.58%.

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A three bedroom semi detached house, Coppice Road, Walsall Wood, Walsall, WS9. The asking price is in the region of £145000 with Goodchilds (01543 526 869).  Check it out here:

http://www.zoopla.co.uk/for-sale/details/37765435

An immaculate and recently refurbished semi with lots of potential. This property delivers a decent rental yield of 6.58%, however those of you interested in capital growth might like to know that if the property goes for the asking price, it would mean that the property has increased in value by 26% within the last four years!

Lets’s get inside and take a closer mooch. 

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“Good To Go” 2 Bed Semi Bungalow, Shelfield, Walsall, WS4. Yields of 7.07%.

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A two bedroom semi detached bungalow, Maple Drive, Shelfield, Walsall, WS4. The asking price is in the region of £89000 with Lovett & Co estate agents Ltd (01543 526 007).  Check it out here:

http://www.zoopla.co.uk/for-sale/details/38795789

A well presented & compact two bedroom semi detached bungalow. The property has been finished to a high level throughout with standout features including Modern kitchen with integrated appliances. Continue reading

Walsall Property Prices Cut…But Values Go Up!

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Those of you who regularly read my weekly articles in the Walsall Property Blog will know I like to keep abreast of the Walsall Property Market.  Something attracted my attention this week about the local property market, something I wanted to share with my many readers.

Over the last month, there appears to have been an anomaly in the local property market, whereby asking prices in the town have dropped, yet property values have increased.  The average asking price of a Walsall property, according to Rightmove, fell 1.1% this month yet the average value of a Walsall property rose by 1.2%.

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