Strata Court- Town Centre Location

This great 2 bed, 2 bath apartment has just come on with Arthur Samuel for £340,000.

With the town centre location this would easily let for around £1,200 per calender month.

http://www.rightmove.co.uk/property-for-sale/property-52371209.html?premiumA=true

Hurtwood Road- Amazing Price For A 3 Bed!

This three bedroom house is a steal at just £310,000 on the market with Aston Mead!

This would rent for £1,250 per calender month a great buy to let!

http://www.rightmove.co.uk/property-for-sale/property-34055280.html

Property values in Walton-on-Thames remain static pre-election

Property values in Walton-on-Thames remained static in March, with neither a rise nor fall, as Walton-on-Thames people held their breath as to whether the Tory’s would return or we would have a Labour/SNP coalition. This followed several months of sluggish activity in the Walton-on-Thames property market in the run up to the Election, leaving the average price of a property in Walton-on-Thames at £562,317, still 11.5% higher than in March 2014. Despite the lack of change, the figures showed property values in Walton-on-Thames were still higher in the first quarter of 2015 than in the last quarter of 2014.

Interestingly, the Council of Mortgage Lenders and Estate Agent trade bodies over the last few months have reported seeing a fall in mortgage lending and enquiries from prospective homebuyers. This is important because it comes amid an overall fall in housing market activity in Walton-on-Thames. Data from the Land Registry said completed house sales in Walton-on-Thames in the three months to January 2015, (the most up-to-date figures available) fell by 22.51% compared to the same three month period up to January 2014.

However, I believe that the slowdown in property sales in Walton-on-Thames is supporting Walton-on-Thames property values, as there is a shortage of houses coming onto the market. Even though in the whole of the first Quarter of 2015, Walton-on-Thames property value increases may seem subdued when compared to 2014, let us remember, property values are still rising well above the level of inflation. 

As I have said many times before, the population in Walton-on-Thames is growing at a much higher rate than the number of properties being built. This increasing demand for a roof over people’s head, which is outpacing the supply of new houses being built in Walton-on-Thames, is creating a severe imbalance in the Walton-on-Thames (in fact the whole of UK’s) housing market, thus making homeownership an ever increasingly distant dream for many of Walton-on-Thames’s potential first time buyers.

In fact, I still maintain the view that house prices are likely to rise by around 3 to 5% in Walton-on-Thames in 2015, even after taking into account this blip at start of the year. The reason being is that the rise reflects both strong economic conditions and steady market conditions with (and this is the most important factor) very low numbers of properties on the market. 

Many Buy to Let landlords know that investing in the Walton-on-Thames property market is a long-term strategy of 10, 20 even 30 years. Governments come and go, but unless Elmbridge Borough Council start to build hundreds of new properties a year to make up for the shocking lack of supply, Walton-on-Thames people will always want a roof over their head, and irrespective of which party is in power, if there aren’t any council houses and they can’t (or are unable to buy), a demand for rental properties will always remain.

As my existing Walton-on-Thames landlord clients will testify, whether you manage your property yourself, or another Walton-on-Thames agent manages your properties, everyone is always made to feel welcome when they pop in for a coffee at our offices in Walton-on-Thames to discuss anything to do with the Walton-on-Thames property market, how Walton-on-Thames compares with its closest rival towns. I don’t bite, I don’t do hard sell, I will just give you my honest and straight talking opinion. However, if you are too busy to pop into town, you could always visit the Walton-on-Thames Property Blog for advice, intelligent commentary and analysis of the Walton-on-Thames Property market.

Molesey Road- A Great One Bed

At just £224,950 this great one bedroom apartment has just come on the market with Gascoigne Pees.

Refurbished throughout this would rent for approx. £900 per calender month.

http://www.rightmove.co.uk/property-for-sale/property-34653345.html

Collingwood Place- Ideal for commuters!

Rochills have just taken on this two double bed apartment round the corner from Walton Station for just £285,000.

This would rent for approx £1,100 per calender month making it a great buy to let!

http://www.rightmove.co.uk/property-for-sale/property-34639041.html

536% Return for Walton-on-Thames Buy To Let landlords since 2000?

Buy to let is essentially different from investing in stocks and shares or putting money in the Building Society. Whilst these other investments (Building Society Passbooks, Stocks and Shares etc) are passive  ie once the  money has been invested it you leave it alone, with buy to let, things are more hands on, in fact it’s almost a business. One thing the landlords I speak to say is the fact that they like buy to let because it is both an investment as well as a business. It is this factor that attracts many of my Walton-on-Thames landlords – they are making their own decisions rather than entrusting them to others (such as City Whiz Kidzs in London playing roulette with their Pension Pot). 

So if you are investing in the Walton-on-Thames property market, you can earn from your investment in two ways. When a property increases in value over time, it is known as 'capital growth'. Capital growth, also known as capital appreciation, this has been strong in recent times in Walton-on-Thames, but the value of property does go up as well as down just like shares do but the initial purchase price rarely decreases.  Rental income is what the tenant pays you - hopefully this will grow over time. If you divide the annual rent into the value (or purchase price) of the property, this is your yield, or annual return. 

I know of a landlord who bought an apartment in the Oakdene Court development in Walton-on-Thames in 2000 for £122,950. It sold again in January just gone for £287,795, a rise of 134.07% in just over 14 years – a compound annual return of 6.26%.

However, the real returns are for those Walton-on-Thames landlords who borrowed money to purchase their buy to let property. They have made significantly higher returns than those who paid 100% cash. If the landlord had borrowed 75% of the £122,950 purchase price of the Oakdene Court terraced house on an interest only 75% mortgage, he would have only needed to invest £30,738 (as his 25% deposit... borrowing the remaining £92,212), but his £30,738 would be worth today, £195,583  (£287,795 less £92,212 interest only mortgage)... a rise of 536.29% -  a compound annual return of 14.13%... and I haven’t even mentioned the rent he would have received in those 14 years!

This demonstrates how the Walton-on-Thames buy to let market has not only provided very strong returns for average investors since 2000 but how it has permitted a group of motivated buy to let Walton-on-Thames landlords to become particularly wealthy. In fact, if this landlord had continued to remortgage the property as it went up in value, he could by our reckoning have had an additional two or three properties (albeit with larger mortgages but greater future potential). 

As my article mentioned a few weeks ago, more and more Walton-on-Thames people may be giving up on owning their own home and are instead accepting long term renting whilst buy to let lending continues to grow from strength to strength. If you want to know what (and would not) make a decent property to buy in Walton-on-Thames for buy to let, then one place for such information would be the Walton-on-Thames Property Blog.

Mole House- Stunning River Views In Hersham

This great two bedroom apartment has just come on the market with Castle Wildish for £349,950.

Modernised throughout, with two double bedrooms and a balcony with stunning views this would rent for around £1,100 per calender month.

https://www.onthemarket.com/details/1494846/