Brittain Road- An Opportunity Not To Be Missed!

This great two bedroom apartment is a perfect buy to let investment and just £195,000.

You could expect to fetch arounf £950 per calender month.

Two beds don't come around often at this price so call Rochills now and get yourself in there!

http://www.rightmove.co.uk/property-for-sale/property-50247902.html

Vicarage Fields Property market outperforms the Ashley Park housing market by 98%

It was interesting to have a chat with a local landlord who lives in Ashley Park last week.

We got chatting about his buy to let property in the Vicarage Fields Estate, but it got even more interesting when we discussed the differences between the various areas of Walton and how the two areas (of Ashley Park where he lived and Vicarage Fields compared), when it came to buy to let investment.

I did a comparison between the two areas and was surprised to find that the property market in the Vicarage Fields Estate area had outperformed the Ashley Park development market by 98%!

The average price of an apartment on the Vicarage Fields Estate is £178,500.

When you consider the rents that are achieved in the Vicarage Fields Estate are an average of £795 pcm, this gives us a yield of 5.34% per year.

So is the Vicarage Fields Estate the best investment? Well, in the Ashley Park area where the the average value of a property is £2,387,500 and the average rent for in the area is £5,360 pcm, giving a much lower yield of 2.69% per year, thus making the yield/ return on the Vicarage Fields estate 98% proportionately more than property in Ashley Park development.

So surely Vicarage Fields is the best investment, isn’t it?

However, this is a great example of annual yield/ return not being the only factor when choosing an investment property, as you should also consider how much the value of the property goes up in the long term.

In the last 14 years, property values of apartments have only risen on average by 120.3% in the Vicarage Fields Estate (rising from £81,000 to the £178,500 mentioned above), which is very impressive considering there was the 2008 property crash.

However, average property values for properties on the Ashley Park development have risen on average by 232.7% in the same time frame.

Now of course, investing in high yielding properties in the Vicarage Fields area does present the landlord investor with dilemmas; such as the type of tenant one would attract, the low capital growth rate and the likely churn rate.

Most of my landlords prefer to trade a slightly lower yield in a slightly more up market property, because of the better capital growth and type of tenant the property attracts.

So, if you are considering investing in the Walton on Thames property market, do you want capital value or yield or both? If you would like some advice about buying to let, be you a landlord with a portfolio or someone thinking of investing in the rental market, please come and see me at our office on the High Street, (opposite the War Memorial) in Walton on Thames.

Garden Road- A great family let!

This is a great house that's just come on the market with HTB. Down a popular residential road this is a fab location for local schools and shops and would rent easily.

It's on the market for £389,950 and you could expect to achieve around £1,500 per calender month.

With no work required give them a call and take a look around.

http://www.harmes-turner-brown.co.uk/property-details/1302/surrey/walton-on-thames-10

Beauty In Burwood Park!

I love this house that has just come on the market with Curchods for £1,750,000.

A great price for a great family home. It's beautifully presented and in a great Burwood Park location.

Take a look for yourself.

http://curchods.com/display/309132

 

Devoke Way- What An Easy Let!

This great maisonette in Devoke Way has just come on the market with our friends at Martin Flashman & Co for just £249,950!

With two double bedrooms and being within a mile to both Walton and Hersham Stations this would rent easily for approx. £1,150 per calender month.

Take a look for yourself!

http://www.martinflashman.co.uk/properties/8172552/sales

Collingwood Place- A Great Buy To Let!

Available with a tenant in situe this great apartment is an easy buy to let on the market for £315,000 with Martin & Co.

It currently lets for £1,250 per calender month!

Get yourself booked in now!

http://www.martinco.com/for-sale/property/190840

Long Lodge Drive- Highly Sought After!

This great two double bed apartment has just come on the market with Aston Mead for just £325,000 and it's share of freehold.

It would fetch around £1,200 per calender month and would be snapped up because of it's close proximity to Walton Station and the Halfway shops.

Get calling now for a viewing!

http://www.astonmead.co.uk/property/?pid=3301826

The Heart- Town Centre Location!

This great one bedroom apartment has just come on the market for sale with James Neave for £275,000.

These are highly sought after and you could expect to fetch around £1,050 per calender month!

Get booked in now to avoid disappointment!

http://www.rightmove.co.uk/property-for-sale/property-50011283.html

 

Rydens Avenue- An easy buy to let!

This fab two bedroom garden maisonette has just come on the with HTB for just £275,000.

With a bit of TLC this would easily let for £1,100 per calender month.

http://www.rightmove.co.uk/property-for-sale/property-47934466.html

Burwood Park- Wow!

This fabulous home has just come on the market with Curchods at £3,495,000.

Burwood Park is highly sought after and this distinctive home is set on a beautiful plot.

Give them a call and take a look around for yourself.

http://curchods.com/display/274546

So what is the future for investing in Walton on Thames?

A number of homeowners and landlords, who own property in Walton on Thames, have made contact with me recently asking for my thoughts on the future of the buy to let market in Walton on Thames. In up and coming articles, we will talk about Walton on Thames’s, Ashley Park and Burwood Park's history of rents, current and past property values, tenant demand and yields; all important matters for a homeowner or a landlord.

Property values rose by 13.6% in last twelve months in Walton on Thames. 

Good news all round, but when you consider property values in the town have previously dropped by 16.6% between March 2008 and June 2009, this is not as good as the media would have you believe.  It should be no great surprise to hear that Walton on Thames property values are now starting slow up as we head in to the New Year.  Property values in the town were growing at 2% a month in August this year, but in October (the last month the Land Registry published their figures) they slowed to a modest 1.1% monthly increase.

The reality is we have had a few years of decent market conditions in Walton on Thames, but now all that pent up demand is starting to fade. The big question moving forward is whether the Walton on Thames market will now be held back by affordability and restricted mortgage lending, and what long term impact this will have on the Walton on Thames property market.

Looking at the UK as a whole, because we can’t look at Walton on Thames in just its little own bubble, the recent rapid rise in house values in some parts of the UK in the early part of the year (especially in Central London), along with earnings growth that remain below inflation and the possibility of an interest rate rise over the coming months, appear to have tempered housing demand. This weakening in demand has led to a modest easing in both property price growth and sales. A moderation in growth looks likely into next year as supply and demand become increasingly better balanced.

Now with the General Election on the horizon, whichever Government takes power, they, along with the Bank of England, have a thorny job to do in balancing the expected rise in interest rates with the continued resurgence of the housing market, to ensure the property market doesn’t drop and drag down the economic recovery forcing people into selling their property at a loss.

However, back to Walton on Thames, long term property values which track peaks and troughs are more helpful to landlord investors. The questions I seem to be asked on an almost daily basis by landlords are:-

·        “Should I sell my property in Walton on Thames, or even buy another?”

·        “Is the time right to buy another buy to let property in Walton on Thames and if not Walton on Thames, where?”

·        “Are there any property bargains out there in Walton on Thames?”

Many other Walton on Thames landlords, both who are with us and many who are with other  Walton on Thames letting agents, like to pop in for a coffee to  discuss the Walton on Thames property market, how Walton on Thames compares with its closest rivals (Sunbury, Weybridge and Addlestone), and hopefully answer the three questions above. I don’t bite, I don’t do hard sell, I will just give you my honest and straight talking opinion.

In the meantime may I take this opportunity to wish you all a prosperous 2015 and I hope you will keep visiting the Walton Property Blog on a regular basis.

Ashley Park- Beautiful!

This stunning home has just come on the market with my friends at Curchods for £2,850,000.

In a 0.6 acre plot this home is full of period features with contemporary interior.

Have a look for yourself you won't be disappointed.

http://curchods.com/display/304697

Montpellier Court- Town Centre Location!

This great two bed flat has come on the market today with Rochills for just £265,000.

With two double bedrooms and the town centre location this would fetch around £1,100 per calender month.

Call in now for a viewing. Don't miss out!

http://www.rochills.co.uk/search/walton-on-thames/2-bedroom-flat-for-sale-in-walton-on-thames/full_details_adv4/676410

Mount Felix- What A Location!

This great two bedroom apartment has just come on with Gascoigne Pees for a steal at £310,000.

Located between the River Thames and Walton Town Centre these apartments are highly sought after and you could expect to fetch around £1,150 per calender month.

And even better this particular apartment requires no work it's ready to go!

Make sure you get in there for an early viewing I know this won't be around for long.

http://www.gpees.co.uk/buy/property/2-bedroom-upper-floor-flat-in-walton-on-thames,kt12-ref-3279474/

Ashley Park Stunner!

This beautiful home nestled in the prestigious Ashley Park has just come on the market for sale with our friends at Curchods.


With seven bedrooms and overlooking the cricket green, it is on the market for £2,995,000.


Give them a call and take a look around this stunning home.


http://curchods.com/display/246353