Egmont Road- A Great Investment

This great three bedroom home has just come on the market with our friends at Martin Flashman for just £399,950!

Being so close to the town centre this location is really popular and you can expect to rent it out for approx. £1,400 per calender month.

https://www.onthemarket.com/details/1333647/

Wilton Gardens- A Great Buy!

This two double bed house has just come on the market with Martin Flashman for just £339,950.

Within walking distance to Walton Station you could let this for £1,350pcm.

Get yourself booked in now before this one gets snapped up!

http://www.rightmove.co.uk/property-for-sale/property-49033432.html

Manor Road- A Rare Find!

This great one bedroom ground floor maisonette with private garden is in a great spot in Walton Town Centre.

Having been refurbished to a high specification throughout Rochills have just put it on the market for £272,000.

With it's great location you could easily fetch around £1,050 per calender month.

http://www.rochills.co.uk/search/walton-on-thames/1-bedroom-maisonette-for-sale-in-walton-on-thames/full_details_adv4/821712

Regnolruf Court- Perfect For Sharers!

This great apartment has just come on the market with our friends at John D Wood for just £200,000.

With two double bedrooms, parking and town centre location sharers would snap this up for approx. £1,000pcm.

http://www.rightmove.co.uk/property-for-sale/property-51287531.html

Auckland House- Another Great Town Centre Apartment

This two double bed apartment has just come on the market with James Neave for just £240,000.

Located in the town centre this would be great for sharers and would rent for approx £1,100 per calender month.

http://www.rightmove.co.uk/property-for-sale/property-51194273.html

The Heart- Town Centre Living!

This great one bed apartment in The Heart has just come on with our friends at James Neave for £275,000.

These apartments are easy lets, as they are so central and let for up to £1,100 per calender month.

http://www.rightmove.co.uk/property-for-sale/property-51174059.html

Rushmon Gardens- Great Size Ground Floor Apartment

This apartment is just 200 yards from Walton Station and is just £245,000.

This would appeal to any commuter and would fetch up to £900 per calender month.

http://www.rightmove.co.uk/property-for-sale/property-51156890.html

Apathy In The Walton-On-Thames Property Market

Apathy has hit the Walton-On-Thames housing market as sellers await the outcome of the general election and stricter mortgage regulation suppresses buyer demand.  This is mirrored around the UK as Rightmove reported the number of homes registered for sale per estate agent fell to its lowest level for five years in December, with available stock 10% lower than in the same month a year earlier.

Looking at Walton-On-Thames, in the autumn of 2014, each estate agent had on average 27.6 properties on its books (as there were a total of 332 properties up for sale in Walton-On-Thames at the peak in the autumn just gone). Our research shows that number plummeted to 19.4 per agent in December.  While the lack of new properties coming onto the market in the later months of 2014 in Walton-On-Thames pushed asking prices up slightly from November to December, traditionally a quiet season for the housing market, property sellers will need to work hard in 2015 to complete a sale.

The length of time a property takes to sell has increased over the last few months. Two bedroom properties in Walton-On-Thames are now taking 59 days to sell, three bedroom 98 days, four bedrooms 103 days, but here an interesting figure, one beds are taking on average 79 days to find a buyer.

2015 will be the year of the selective mover. With only 56 brand new properties a year being built in Walton-On-Thames since the turn of the Millennium, this woefully low and insufficient number of new buildings in the town over the past few decades and a systemic change in the type of properties homeowners want (with families splitting etc so we have too many larger houses and not enough smaller ones), buyers are becoming dissatisfied with, and therefore dismissive of what is up for sale.

So is it all doom and gloom? Far from it! Walton-On-Thames landlords could bag a bargain during this period of uncertainty, especially if the financial markets do not like the election outcome. Markets and buyers do not like uncertainty, but savvy buy to let landlords know buy to let is a long term game, and irrespective of short term apathy, reduction in the quality and quantity of stock for homeowners to buy or the election, if people don’t buy property they rent.  The Council aren’t building anymore properties, the council house waiting list is decades, not years for the better type of property. The only other place to get a roof over your head? Rent a property! Good old Bricks and Mortar!

Therefore, if you are considering buying a property for investment in the near future, I am always happy to give you my considered opinion on which property to buy (or not as the case may be) to give you what you want from your investment. Email me on marcel@rochills.co.uk.

Detached House At A Great Price!

This two double bedroom detached house has just come on with Martin Flashman & Co for just £325,000! For a detached house this price can't be beaten!

You could easily fetch around £1,350-£1,400 per calender month.

Get yourself boooked in now this one will fly out!

http://www.rightmove.co.uk/property-for-sale/property-51053516.html

Hersham Road- Ideal For The Commuter

This great two double bedroom semi has just come on the market with Boyce Thornton for just £350,000.

Being so close to Hersham Mainline Station and having a garage this would easily let to sharers or a small family for up to £1,300 per calender month.

https://www.onthemarket.com/details/1256512/

Walton Park Lane- Perfect For Commuters

This great two bedroom house has just come on the market with Martin Flashman for £335,000.

Within walking distance of Hersham Mainline Station this would easily let for £1,200 per calender month.

Get yourself booked in now before it goes!

http://www.rightmove.co.uk/property-for-sale/property-50876747.html

Burwood Park- A New Palace

This stunning new home built to an exceptional standard by Maison Projects is a dream house. With 7 bedrooms and 8 bathrooms the rooms are stunninly proportioned.

It has just come on the market with Curchods for £4,950,000. Quite the luxury price tag but what a luxury home!

http://www.rightmove.co.uk/property-for-sale/property-33798141.html

Massive drop in Home Ownership in Walton-On-Thames

An Englishman’s home is his castle but when it comes to the UK the ‘Brit’s are still a nation of homeowners’ (although wasn’t it Napoleon who thought we were all shop keepers!). It is interesting to note that up until the mid to late 1960’s, more people rented their home (albeit mostly from the local council) than owned their own. In fact, I was surprised to read that in 1921, over 75% of homes in England and Wales were privately rented with the remaining 25% being owner occupied. 

It was only after the Second World War, when the Beatles were rocking, that people started to buy instead of rent. But instead of owning our property outright, we borrowed money from banks and building societies to buy them and the roots of the growth of the private rental sector can be drawn back to the late 1970’s/early 1980’s, when the council houses began to be sold off under the right to buy scheme.

 

In 2001, 76.55% of households were owner occupied in Walton-On-Thames, but ten years later, that percentage dropped massively to 69.03%. But here is the interesting part, when you look at the actual numbers of households, 8,329 households in Walton-On-Thames were owner occupied in 2001. Ten years later, in 2011, that number (who owned their own home) had only dropped to 7,832 households.

So why the big drop in percentages but not in actual properties? Why, because whilst an additional 465 properties were built in Walton-On-Thames between 2001 and 2011, a lot of them were bought as buy to let investments, thus more than doubling the number of private rental properties in Walton-On-Thames. In fact, the number of properties in Walton-On-Thames, that were privately rented jumped from 952 in 2001 to 1,856 by 2011!

With the Walton-On-Thames council housing waiting lists being in the 5 to 10 year range for a decent property in a decent location. Therefore, with no more council houses being built, and an increasing number of people looking for a roof over their head, private renting is the only option.

With every report stating the rental market will continue to grow throughout the rest of this decade and beyond, linked with high demand and limited supply in the Walton-On-Thames, then if you are considering buying a property for buy to let investment in Walton-On-Thames, I am always happy to give you my considered opinion on which property to buy (or not as the case may be). If you are a landlord, new or old, I am certainly more than happy for you to pick up the phone or visit the Walton-On-Thames Property Blog where you will find the best buy to let deals on a day by day basis from all the agents in Walton-on-Thames.

Spicer Close- Get In Before I'ts Gone!

This is a great two bedroom house with a garage new to the market with Martin Flashman & Co for just £309,950.

This is priced to sell fast so get yourself booked in before it's too late.

You can expect up to £1,300 per calender month for this great property.

http://www.rightmove.co.uk/property-for-sale/property-50802428.html

Oakdene Court- What A Deal!

This great one bed apartment has just come on the market with John D Wood for just £225,000!

With no onward chain, moments from Walton Station and with a private balcony this apartment is a great buy to let and would rent for up to £1000 per calender month.

http://www.rightmove.co.uk/property-for-sale/property-48552883.html