Rather than duplicate the same information again, I will just give some basic info as the properties presented are pretty much the same. Where there are more obvious differences I will highlight these.
Are you considering letting a property in Walsall, one of the most up and coming locations of the West Midlands?
With a multi-million pound revamp of Walsall town centre taking place, these are exciting times for this former industrial town. The ambitious plans will mean the waterfront and train station will be transformed, bringing much-needed regeneration to the town.
When considering letting a property in Walsall, don’t forget to get in touch with Ashmore Lettings to help you find your next property. We offer the utmost support for landlords looking to make their next property investment in the West Midlands, offering a wide range of properties that are guaranteed to attract quality tenants.
Why choose Ashmore Lettings for letting a property in Walsall?
Our services include carrying out instant property valuations, which are available on our website. Since we are landlords ourselves, we understand the importance of property management and can easily take the strain of managing a tenancy off your hands.
If you’re thinking of letting a property in Walsall, Ashmore Lettings can offer full property management which includes finding the best tenants, dealing with inventories, maintaining a property and much more. With over 35 years of experience, we understand exactly what landlords are looking for from this type of service.
For more information on letting a property in Walsall, why not download our letting guide?
In my research to discover potential properties for buy to let investment it does appear that there are other properties on this newbuild housing estate up for sale, therefore, I will probably be covering more properties of these types in my upcoming posts over the next few weeks. Shropshire Close and it’s locality is a burgeoning area for rental properties. I have helped many of my clients to buy and rent out the properties for sale on this estate. They are selling at a reasonable price and achieve above average yields. They are newbuild and in general need very little work doing to them in order to bring them up to a lettable standard even if they have been previously occupied and in addition are ideally located. So, let’s get on with the show…
An immaculately presented two bedroom Semi Detached house, Shropshire Close, Walsall, WS2. The asking price is for offers over £130k and currently marketed by Bairstow Eves (01922 321033). At a rental of at least £600.00 the yield will be 5.54%. Let’s check out why this is such a good investment. The full property details can be found here.
The location is ideal for an investment property being on a very popular estate for rentals and close enough to Walsall and Bloxwich town centres. There is easy access to major transport routes, school and other amenities.
Lets’s take a look inside…
I wrote my thoughts in an article in October 2016 after interest rates were slashed to 0.25%. You can read the full article by clicking here. Then in December 2017 I wrote a further article when it was announced interest rates would be increased to 0.50%. The full article can be found by clicking here. Existing clients and Blog reading friends alike have been asking me for my thoughts on the recently announced increase…the current average value of a property in Walsall currently stands at £181,994 so what will the recent increase in the base rates to 0.75% from 0.50% do to the local property market?
In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to go back over 40 years, to 1975.
The average value of a Walsall property in 1975 was £8,285
However, since 1975, we have experienced in the UK, inflation of 807.5%.