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Is Park Hall the next Buy to Let Hotspot?
Its official – property investors are looking away from London. Could Park Hall become the place they look instead?
Fair enough, a Walsall suburb might not be the first place that springs to mind for property investors, but it offers them a considerable amount.
Take this property on Flinkford Close, for example.
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Offers in Excess of ￡110,000
This attractive two bedroom semi-detached home for sale in Heath Acres, Wednesbury, is on the market for in excess of ￡110,000. It is conveniently located in a desirable cul-de-sac, which means it is an ideal starter home for those with a young child looking for a quiet and well located property. It is however equally as suitable for a single person, or a couple perhaps looking to downsize to a smaller yet still spacious home.
This two bedroom property for sale in Wednesbury offers a generous double length garage, with a driveway that provides off-street parking. It also has low maintenance gardens to both the front and the rear, which can be easily customised to your own needs and wants.
This would be an excellent purchase in a sought after area, with the property offering much scope for modernisation throughout, enabling you to really put your own stamp on the place and build a new home within it. Despite Wednesbury being primarily an urban area, this cul-de-sac gives a feeling of privacy, peace and security. With over 50% of homes in the area being privately owned, and a large majority of the community in full time employment, this would also make an attractive buy to let for those buy to let landlords not keen on taking tenants on DSS.
As you enter this property, you will go through a framed glass panelled door, which floods much light into the entrance hallway. You will find a lounge, dining room and kitchen on the ground floor, with the two bedrooms and a family bathroom up one flight of stairs. This layout, along with the long garage, driveway, gardens, and storage, makes for a great medium sized house.
For those located in Heath Acres, Wednesbury, there is a choice of three train stations, all within approx 1 mile radius; Bradley Lane, Wednesbury Parkway, and Loxdale. There are also frequent buses to various parts of Walsall, and so plenty of transport options for making use of the shops and amenities, as well as the attractions located around Walsall. If you are looking for your final home to retire in, or a starter home to start your family in and get your foot on the property ladder, we are here to help. At I Love Homes we welcome enquiries including those from buy to let landlords looking to buy to let in Walsall.
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House For Sale; Calder Avenue, Walsall
Ilove homes Walsall Estate Agents
We have a fantastically unique property on the market situated in Calder Avenue in Walsall. Not only is this double fronted detached house spacious, it comes with a sizeable plot which is ideal for a number of uses; be it extending the home, building an outbuilding or garden room, kennel or other, all subject to planning permissions obviously.
I Love Homes are delighted to be offering this 3 bedroom family property in Walsall, for sale at under ￡300k. This really is a statement home, with it's double fronted exterior, located on a corner plot. This really is a great house for sale, with 3 large double bedrooms, a stunning galleried landing, two entrances, a garage, 2 driveways offering off-street parking, and an outdoor workshop that could also be used as an extra storage space. The workshop also contains power and running water, and so it is an incredibly useful space to have. With Gas Central Heating and UPVC double glazing, the house is energy efficient. It boasts front and rear gardens, as well as an impressive enclosed private courtyard, this really is a must-see property.
This Calder Avenue location is ideal for a family, or a single parent with young children, as there are a large amount of school and nurseries within just a few mile radius of it. The choice of schools includes both primary and secondary schools, including Queen Mary's Grammar School for Boys/Girls.
This Calder Avenue Walsall house for sale is located in a very popular residential area close to Walsall Arboretum. It is also conveniently located for Walsall Town Centre, with its abundance of shops, bars and restaurants. In addition to this, are the numerous transport links in the area, and the local amenities. For commuters, road links include the A461, A34, M6 with nearby junction 7, 8 and 10 and the M5 linking to the Midlands motorway network.
This does not yield a great return on the buy-to-let market, returning only a yield of 2.4% based on a rent of ｣600 pcm. However, if you are looking for houses to buy in Calder Avenue, Walsall, this property offered by us at I Love Homes has the potential to become a wonderful family home.
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Buy to Let, Walsall Gem
Potential yield of 6.5% - 8%
The price has recently been dropped on this gem of a Walsall buy to let property and is an indication that an even better deal good be achieved.The rental yield has been indicated based on current condition and with some basic improvements could sky-rocket to beyond 10% yield .Additional benefits include no chain which is clearly a massive plus There are two areas for off road parking opportunities include a garage and parking to the rear. The outdoor space behind this property is vast with spaces for several cars and there is still space to extend the property
The lack of interior images does indicate that some gentle modernisation could be needed. There is however, the rooms and space you would expect of a family home. Comprising of three spacious bedrooms and a family bathroom upstairs, downstairs consists of two reception rooms, kitchen and access to the rear garden. The property is ideally situated close to many local amenities.
Contact us now for further information about this Walsall buy-to-let investment property Guide Price £120,000.
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What area should I choose for my next buy to let in Walsall?
You might be a landlord who is new to the area of Walsall, or someone looking to dip their toe in the waters of buy to let investments. Either way, you will likely be wondering what the best areas of Walsall are for landlords to be buying in. We have Rushall Pelsall Pleck Bloxwich Goscote Bescot and the every popular Aldridge.
The truth of the matter is that there is no ideal location as such. The best places to buy are those that match up with your target market tenant, along with your ideal investment. Renting is an increasingly more popular option today than it ever was, so it is not only people on low incomes that are looking for homes to rent, higher ends of the market are too. Properties are not on the market these days very long, unless something’s wrong, with the asking price, poor marketing, or maybe something more to do with the area.
Obviously if you are buying a house to let out to a family, it is going to be important that there is a good selection of schools nearby, and public transport links and other local amenities. Likewise, if you are looking to rent to those who might do business in Birmingham, choosing places with the best rail links and motorway access is sensible too. The issues of internet connections, and does the property have gas central heating or the lesser attractive storage heating, will have a positive or negative view re the interested parties.
Statistics show that the W1 area of Walsall has more than two and a half times the national average of people in social housing, and a large proportion in privately rented homes compared with bought. The area of W2 has more people in private rentals than W1, and a bit less in social housing. If you go to the more upmarket area of W5, statistics show that it has more than the national average of home owners (with and without a mortgage) and a smaller percentage of renters. The quantity of Detached houses in WS5 is 3284 with 3792 Semi-detached Houses.
Most landlords might be drawn to the W1 or W2 area where the demand for social housing is high and a private landlord can cash in on this known shortage, however as has been said, there are people looking to rent in more upmarket areas of Walsall too.