Another Auction BTL Opportunity On Offer! – East View, Tamworth.

Hey guys, a quick little share with you today in the shape of this little two bed end terrace I spotted being advertised by Cottons Auctions on Zoopla. The property is being auctioned on Thursday the 10th of September at 11:00 so you’ve got a little bit of time left to arrange a viewing and pick up the property pack!
Only two pictures of the property have been provided to us and from them we can see that the house is in some definite need of TLC but hopefully it is nothing too drastic. From the picture provided we can see that the kitchen may benefit from having some new appliances fitted and a bit of modernisation, the cupboards don’t look too bad but they could definitely do with some new handles and a bit of repair work!

You’d need to do your homework on this one though! Money wise the property has a guide price of £75,000-£79,000. The last sale of this property noted on Land Registry was way back in 2003 where it sold for £82,000, however I do know that it was apparently sold earlier this year with Goodchilds and at the time the asking price was over £100,000?

I think after the work has been completed on this property you would be able to make it into a nice little rental or make a small sum if you decide to flip it.

Assuming you purchased the property for the higher end guide price of £79,000 and allocated £10,000 for renovations, you’d be looking at achieving a good yield of around 8% but as I’ve not seen the rest of the property you would need to take that into consideration with regards to my renovation estimate.
So potentially a little gold mine for an investor but one that would need research! I hope you enjoyed this article and I look forward to hearing your comments.

If you would like to contact me about any property investments, whether you are a seasoned landlord or a property novice looking for advice on the area why not give me a call on 07531484956 alternatively you can email me at lorraine@hallandthompson.co.uk. Whether a landlord or tenant, why not see what we can do at hall and Thompson for you?

To view the featured property, please visit the following link:

BTL Opportunity! Family House Up For Grab In Camhouses! – B77, Tamworth.

Whilst out and about today I spotted this large three bed property in Camhouses up for sale so I thought I would have a look for it on the internet when I got back to the office. The property is currently on the market for offers of £110,000 with agents at Green & Co. For your money you are getting a good sized, ex council property so you can be assured the build quality is very good on this one. I thought I would share the house with you all as it could make a nice little investment for veterans or people looking to get into property investment!
The interior is looking pretty good with neutral colours downstairs, a fairly new and well fitted kitchen, three decent sized bedrooms and a bathroom which looks to be basic but in good working order. Personally I think the upstairs children’s rooms could do with a paint but as this is a property ideally suited to families it could possibly stay as it is.
Unfortunately we don’t have a picture of the garden but from the view out of the living room window it looks to be paved with a shed to the rear. Externally the fences look as though they could do with a little lick of paint but aside from that they look able to last a few more winters!

Local amenities include local convenience stores, two primary schools, a dentist and doctor’s surgery, a hair and beauty salon and Church and Kingdom Hall. Road networks are good with the A5 linking just a few miles down the Pennine Way and in the opposite direction a link to Glascote Road. The nearest train station is just a few miles down the road on the other side of Wilnecote.

Money wise you’d be looking to rent for around £650 per calendar month which would equate to a healthy annual yield of 7.09% not including what you’d have to pay for the minor work if you decided you wanted to do it! All in all though a potentially smashing little property that could make you a nice little investment whether expanding your current portfolio or starting out on the landlord ladder!

If you would like to contact me to discuss the featured property or any investments you may have seen, feel free to give me a ring on 07531484956 or you can email me at Lorraine@hallandthompson.co.uk, I am always available for a chat and I look forward to hearing from you!

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

 

To view this property in full please visit the following link:

“Property of The Week!” Magnificent In Middleton! – Middleton, Tamworth

It’s Monday again and that only means one thing – the weekend is over and it’s back to the grindstone but don’t despair because I have got something to lighten your mood! The “Property of The Week!” is a rural retreat that has enough rustic charm and bold striking features to make anybodies Monday blues into that Friday feeling!
If you’ve not seen one of my property of the week articles before, their aim is to showcase the best and brightest properties in Tamworth and it’s surrounding areas. These are the properties that aren’t ideal buy-to-let investments but are the pinnacle of craftsmanship and character in our local area.
This massive six bedroom farmhouse is currently being advertised by Paul Carr estate agents on the website OnTheMarket.com for offers in the region £1,750,000 but it definitely has the WOW factor to demand that price. This substantial property is set over an area of 6.5 acres of rolling formal gardens and features an array of outbuildings (and even some stables!) Partnered with the rural countryside settings this is a must have property for those who have the capital or are keen equestrian enthusiasts.

The interior of the house fares equally well, building on the strong farmhouse features and paired with a touch of modern class. This property manages to blend old and new well decorated accordingly to the rural setting. The 6 bedrooms as expected are large and feature vaulted ceilings and hardwood floors. The bathroom is equally substantial and fully fitted. The kitchen is decorated in a vintage fashion that looks fantastic.

Definitely a property that is loved and will be loved by many future generations – this sort of property doesn’t come up for sale often because they are family homes that people stay in (and who can blame them?) I hope you enjoyed the”Property of The Week!” article, be sure to drop me a comment and let me know!

If you would like local, trusted advice on any investments you may be thinking about please don’t hesitate to give me a call on 07531484956 alternatively you can email me at Lorraine@halladnthompson.co.uk and I’ll get back to you as soon as possible! You do not have to be one of our existing clients to have a chat and discuss any questions you may have about your current portfolio or what to do when starting out as a landlord!

For more information on this property, please visit the following link:

BTL Opportunity Spotted! – Richmond Close, Tamworth

Hey guys, another share on a nice little buy-to-let property that’s chain free and looks ready to go on day one! The property has just been added to OnTheMarket.com by our friends at the local agents Hunters for offers of £132,950.
From the exterior the front garden looks tidy and well looked after. The property itself is located in a little cul de sac about a 10 minute walk from the town centre. Road networks are good with the A51 going to Lichfield and the B5493 heading into the town centre. Connection to the A5 is just a short drive away via Tamedrive, The nearest rail station is around a 5 minute drive away or 20 minutes on foot. All in all this makes the property an ideal location suiting people who may need to commute to near by cities and towns for work. Due to the central location of the property all of the amenities afforded by urban living are available.
Money wise you would be looking to rent for around £650 per calendar month equating to a yield of 5.81% assuming you pay the full asking price but you could always be a little bit cheeky and put a lower offer in! The yield may seem a little smaller on this property, but that’s due to minimal work being required on the property (I’d say just paint the children’s bedroom as it is a little bit too vibrant!) The central location the property is placed is ideal.
All in all a smart looking property that would sit proud in anyone’s property portfolio but most importantly what do you all think about it? Drop me a comment and let me know!

Are you thinking of any property investments or looking to expand your current portfolio? Then why not drop me a line for a friendly chat and some of that all important advice! I’m available by phone on 07531484956 alternatively you can email me at lorraine@halladnthompson.co.uk. Whether a new landlord or seasoned veteran why not see what we can do for you at Lorna Swift!

To view this property in full please visit the following link:

 

Special Article! Perhaps A Bit Of Potential In This Residential – Fazeley, Tamworth

A landlord mentioned this residential block of 3 apartments coming onto the market, he didn’t currently have the means to purchase himself, but wanted to discuss whether this type of  block property would be a good investment in the future.

The block of three luxury apartments (appears to have six in the building, however I’ve not delved any futher than the information on Zoopla) located in Fazeley has an asking price of £425,000. You will find this being advertised by Bairstow Eves on Zoopla. The initial outlay would be massive, making this the sort of property purchase that would probably be more desirable to a larger investor who has the assets to purchase.

The building itself is in a desired location and the three apartments in the block are lovely, they offer canal side views and access to the lovely communal gardens. Each apartment has access to their own compact kitchen, two bedrooms and a modern bathroom.

A great opportunity for an investor with deep pockets, but smaller landlords may be advised to stay clear of such investments due to the large outlay. I would be cheeky in trying to get a good discount on the purchase price due to the block of three apartments having been on the market since August 2014. Don’t forget you would also have service charges to take into consideration.

I hope you enjoyed the article, It’s something a little bit different from the usual, but a great property to look at if you’re thinking of expanding your portfolio or branching out to something different, definitely one you’d need to really do your homework on though!

If you’re thinking about investing in property and are not entirely sure about how to go about it, why not give me a call on 07531484 956 or drop me an email at Lorraine@halladnthompson.co.uk, it could be one of the best financial decisions you’ll ever make!
To view this property in full please visit the following link:

Homes Under The Hammer! 3 Bed Semi In Lothersdale Up For Auction – Could You Grab A Bargain? – Wilnecote, Tamworth

Welcome back, I’ve got a quick little BTL opportunity to show you today, this time it is something a little bit different – it’s an auction property! Advertised with OnTheMarket.com by auctioneers CP Bigwood. This property has a minimum purchase price of £80,000. The house is sure to garnish some interest from investors, so get in quick and have a look around or even try your luck putting a cheeky offer in with the seller!

 

Unfortunately there is only a picture of the exterior of the property but it looks to be in good condition. We are advised that there is currently a tenant in situ who pays a monthly rent of £625 equating to a yearly gross rental income of £7500. If the property goes for the lower end of the minimum guide price, that could net you an absolutely fantastic annual yield.
You can pick up some real bargains at auction, so it is always worth looking around for what is available – just remember to do your homework and pick up the property pack to save being stuck with a nightmare!
If you would like to talk to me about any potential property investments you are currently thinking of or even if you are just starting out on the landlord ladder and would like some seasoned advice, be sure to give me a ring on 07531484956 for a friendly chat alternatively you can email me at lorraine@hallandthompson.co.uk. Let’s talk property!
For more information on the property please click the following link:

“Property of The Week!” – Weeford Property We All Love! – Weeford, Tamworth

Hello and welcome to Monday’s Article! Today I have an absolutely beautiful “Property of The Week!” to share with you all which I found whilst browsing OnTheMarket,com. This smashing eight bed property is being advertised by Savills of Telford for a whopping £1,750,000.00

Our “Property of The Week!” article aims to give you an informative guide on the best and most beautiful homes in and around the Tamworth area, this one certainly fits the bill!

Located in the gorgeous little village of Weeford this property is anything but little, it is almost bursting with character so it is a good job it has those feature fireplaces so it can escape through the chimney! The house is set over 2.18 acres of luscious green English countryside and it needs it! The house has 4 reception rooms, a theatre room, 5 shower/bath rooms with 3 being en suite and of course the 6 massive bedrooms in the house. Adjacent to the house is a converted stable which hosts a further 2 bedrooms as well as it’s own kitchen and living room.

Parts of the property are estimated to be from the 17th century, so as well as being modern where it counts it retains some of it’s lovely features, such as the ceiling beams and those large fireplaces. This is definitely flamboyant house for people who love to entertain guests! So if you have got the money and love this property make sure to give the agents a call!

I hope you all enjoyed the article, be sure to comment and let me know! If you’re thinking of property investments and are unsure of what you need to do – give me a call 07531484956 on or email me at Lorraine@hallandthompson.co.uk for that all important information!
For more information on the featured property please visit the following link:

 

 

Marvellous BTL Opportunity In Murton! – Wilnecote, Tamworth

I’ve found a fabulous property – ideal for buying to let that requires hardly any work doing to it that I think could be a smashing house for one of you to add to your portfolio! The house is up for sale with “My Place Property Agents” for offers exceeding £120,000 and was added just a couple of days ago to Zoopla.

 

Located just off Malham Road, this three bed end terrace has great local amenities with shops less than a 10 minute walk away, two excellent primary schools within walking distance and a very accessible connection to the A5 and local rail networks this house is ideal for commuters or families.
Both interior and exterior are in very good condition, with the interior having a fresh palette of Zen colours that feel relaxing but are quite neutral and an all round modern high quality feeling. The exterior is low maintenance with patio and small grass areas to front and rear of the property. I would suspect that this house would be ready to go from day one, fantastic news for landlords!
Investors may just be pipped at the post by  a first time buyer though, so not one to dilly dally over.
Money wise, it could be a nice, healthy little earner – assuming you could snap up this property for £120,000 I would estimate you could achieve rent of £650 per calendar month, giving this property a great annual yield of 6.5% and with no decorations to be done, it’s even better! With house prices in the area continuing to rise capital gains on this one could be nice too – So book in with the estate agent and have a look around!
I hope you enjoyed the article today, It’s a fantastic property definitely worth a think about! Drop me a comment and let me know your thoughts though, I love to hear them all!
If you’re a new or experienced investor and are considering buying in the local area then please feel free to get in touch with me if you’d like a second opinion, I know Tamworth like the back of my hand and love talking property, so why not give me a call on 07531484956 or email me at Lorraine@hallalndthompson.co.uk and I’ll get back to you personally.
More information on this property can be found at:

Back to the Cheviot flat we visited a few months ago – How’s it getting on today? – Tamworth

A few months ago you may remember me writing about this property in Cheviot up for sale, I thought this would be a good BTL investment as it would come with a sitting tenant – It now looks as though the current owner has decided to keep this property and is re-marketing with Dixons on Rightmove. They are also looking for a new tenant. I think it was a pretty good decision to rent as this property just wouldn’t sell!

The owner was looking for £85,000 when first advertised for sale back in July 2014, it’s now being advertised to rent for £525 per month – if it had been snapped up by an investor that would have been a reasonable annual yield, well above the 6% which I had estimated a couple of months ago. Whether this higher rent is achievable or not this property would have been a fantastic earner even at the lower rental estimate! Perhaps we’ll be lucky and the owner will decide to put it back on the market in the future, who knows?

It’s always nice to go back to a property we’ve already visited and see how it’s getting on!

If you would like advice on where and where not to invest in the Tamworth, feel free to give me a call on  07531484956 or email me at lorraine@hallandthompson.co.uk.

Quick Top Tips!
A trick for Landlords looking to revitalise their property when they’ve had a smoker renting is using several onions cut in half on dishes in the middle of the room to get rid of those nasty smells, leaving them a few days should do the trick. You would also need to clean the carpets, lights and soft furnishings, and give the windows a good wipe. If the smoker was particularly heavy you may need to re-paint the walls and ceilings!

If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk

 

Old Or New? Why Not Both With Our Fantastic “Property of The Week!” – Ashby Road,Tamworth B79

Whilst browsing around for a “Property of The Week!” I came across this beautiful little house that I have seemed to have overlooked and I thought It would make a fantastic property to share with you all. This picturesque property is up for sale with agents Hunters of Tamworth (It’s listed as “The Little House Company” online) for offers in the region of £440,000 and can be found on Mouseprice.com. It’s a bit smaller in terms of ground space than the last few houses but I’m sure you’ll all agree it packs an equally powerful punch!

If you’re new to this blog and you’ve not read a “Property of The Week!” article before, they aim to be an informative guide of the amazing properties Tamworth and it’s surrounding areas have to offer in terms of stylishness, craftsmanship and all round beauty.

The hardest part about this house is where to start as it’s all good! The house brings together a blend of old and new very successfully from its exterior biscuit tin appearance to it’s ultra-modern kitchen, this house really has something for both younger and older generations and is definitely a house that could comfortably become someone’s beautiful home.

This wonderful property boasts five generous bedrooms, one high end bathroom with a separate shower room. The downstairs comprises of  a large family room, reception room, a huge open plan kitchen with dining space and a quiet formal dining room ideal for entertaining guests or having a delicious Sunday roast in!


The gardens are neatly planted with evergreen shrubbery and hedges on the borders and a stoic willow tree at the rear, low maintenance for winter – but the garden does look fantastic in summer with it’s vibrant colours brought on by the ornate potted plants that feature heavily throughout. Parking areas space is handled by a twin garage and generous paved areas which the current occupier keeps a caravan on, so definitely great space!

A smashing property that’s easy for everyone to love but I’d love to hear what you think so please drop me a comment and let me know! I hope you all enjoyed this property as much as I did!

If you would like to contact me about your own property requirements, whether you are a landlord, tenant or just looking for information on buying to let I’d love to hear from you, you can give me a ring on 07531484956 or alternatively email me at Lorraine@hallandthompson.co.uk for that all important advice, I don’t bite and I’ve been told I make a fantastic cup of tea!

To view the property in full, please visit the following link:
http://bit.ly/1N3zw9X