whathouse? local wolverhampton
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PaPer from
whathouse.com
For all your local property news www.whathouse.com
Connells Office01543 262376
The Malt HouseCairns Close
Lichfield, WS14 [email protected]
Exceptional homes,Picturesque location,Easy access to Central London
Just 5% Deposit
Visit www.marcityhomes.com or
Call 0154 325 6647 to find out more.
A unique opportunity to purchase a contemporary apartment in a Grade II listed building. The Malt House offers a collection of 1, 2, 3, and 4 bedroom
apartments & duplexes.
√ Integrated fridge/freezer √ Integrated washer/dryer √ Integrated dishwasher √ Porcelanosa tiling √ Master bedrooms with ensuite
A CHANCE TO BUY A PIECE OF HISTORY
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essentiaLsLocal WELCOME www.whathouse.com nov 2014 | 3
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PAPER FROM
whathouse.com
For all your local property news www.whathouse.com this week, our featured property
comes from the delightful village
of Peterchurch in Herefordshire.
Located close to the renowned
Fairfield School and 12 miles
from Hereford town centre, Dorefield House
is a luxury five-bedroom property that would
represent an ideal purchase for a growing
family.
On the market with a guide price of £875,000,
the footprint of this expansive home extends
to over 2.5 acres, with its stunning grounds
including a beautiful lake and an enclosed
paddock.
Inside, the spacious accommodation perfectly
combines the old and the new. The grand
drawing room features a wood burning stove
and the master bedroom suite boasts oak
flooring and a vaulted ceiling, while the family
bathroom and en suite shower room are both of
a contemporary design.
The luxurious kitchen includes bespoke oak
units and exposed timbers and serves as the
centre point of the house, with its doors leading
to an open-plan breakfast/garden room.
Dorefield House enjoys a secluded edge-of-
village location within each reach of the local
amenities. In addition to Hereford, Hay-on-Wye
and Ross-on-Wye are both nearby, with the latter
providing easy access to the M50 motorway.
PrOPErty Of thE WEEk FROM HunTeRS In HeReFORD
thE faCts Property: Five-bedroom lakeside home Where? Peterchurch, Herefordshire, HR2how much? £875,000agent: HuntersContact: 01432 278278
I nteresting figures came to light last week from house-share website
SpareRoom.co.uk. Its survey of over 10,000 users of its website
indicated that one in six shared homes in the uK doesn’t have a
living room, up from one in ten just three years ago.
In London, it’s an even higher proportion, with 19% of shared homes
bereft of a communal reception room.
Matt Hutchinson, director of SpareRoom.co.uk, said “the demise of the
living room is symptomatic of the private rented sector struggling to cope
with intense demand. It’s not simply a case of landlords chasing higher
yields. Many flat and house sharers tell us they’d compromise on a living
room out of choice, if it meant paying less to keep a roof over their heads.”
Other data from the survey states that in London, ten people are searching
for every room available. It’s no surprise that in circumstances like this,
coupled with inflation-busting increases in average rents, desperate people
find themselves having to settle for a less-than-ideal place to live.
It would be comforting to think ‘Rising Damp’ style accommodation was
a relic of the 1970s, but these figures suggest an accelerated return to the
bad old days.
keith Osborne
Editor, Whathouse?
say What? Win
a bathroom suite!
Only one lucky household will win. Don’t miss your chance to win this lovely Joyou bathroom suite.Go to www.facebook.com/whathouseproperty Competition closes Friday 28 november. See whathouse.com for terms and conditions.
This november we are giving away a complete luxury Amsterdam bathroom suite, courtesy of joyou.co.uk – part of the Grohe Group.
EnTErinG iS EASy:1. Visit Whathouse? on Facebook and ‘Like’ our Facebook page
(double your chances by adding a ‘share’!)2. answer the question at the bottom of that page3. enter your details
R7176 What House Ad Oct DPS.indd 1-2 21/10/2014 16:50
R7176 What House Ad Oct DPS.indd 1-2 21/10/2014 16:50
R7218 What House Ad Nov DPS.indd 1 17/11/2014 14:37 R7218 What House Ad Nov DPS.indd 2 17/11/2014 14:38
R7218 What House Ad Nov DPS.indd 1 17/11/2014 14:37 R7218 What House Ad Nov DPS.indd 2 17/11/2014 14:38
Thinking of selling your home?
Do you know how much your home is really worth? Find out with our FREE valuation service.
It’s a quick and easy process that you can carry out online or over the phone.
Visit www.whathouse.com/value-my-property/value-my-property-now or call us now on 0121 262 4146.
WhatHouse? works with a team of reputable agents that will carry out the free valuation.
£?
For more information on promoting your property in our Park Lane office or for a free valuation, please contact Fine & Country Solihull on 0121 746 6400 or email [email protected]
Your property in Park LaneShowcase your property to the lucrative London market
Landlords and Property Owners:We can let and manage your properties on a three, five or seven year lease. From the moment you sign the lease you can sit back and relax and let us take care of your property for you.
So if you are a landlord with a good quality property – let us do the work for you.
www.whomes.org.uk/city-homes
• Rent covered by Wolverhampton Homes
• Full tenancy management
• Full property management “City Homes manage
all my properties. In the three years I have been with City Homes they’ve surprised me and proven
straightforward to deal with, and flexible where necessary. The removal of the hassle and the long term certainty of
income stream is essential for the smaller landlord.”
Matt Davies, Property Entrepreneur
New
Contact the Midland’s Leading Estate Agent andrew-grant.co.uk
Maximum exposure, area expertise and high demand has left us withbuyers ready and waiting for new homes.
Lioncourt Homes is holding a special Part
exchange weekend at its new show homes at
Meadow View, off Attwood Lane, Hereford on
Saturday 29 and Sunday 30 november 2014.
unlike similar schemes offered by many
other housebuilders, the company will even consider taking
part exchange (PX) properties that are of a higher value
or similar in price to the new home that is being sold. This
makes the benefits of a PX deal available to buyers whether
they are trading up, trading down or looking to move to a
new home of the same value.
Meadow View is a development situated in a setting with
a delightful backdrop. There are a range of four-bedroom
detached homes starting from the ‘Beech’ at £249,995
through to the ‘Walnut’ from £365,000.
using an existing home in part exchange is the most
convenient way to buy a new Lioncourt home. The Lioncourt
scheme makes it easy for buyers to move and a firm offer for
the buyer’s home can be made in under seven days. There
will be expert advice available at the special weekend event
to help all potential buyers understand every aspect of the
process.
The key benefits of Lioncourt’s Part exchange scheme are:
• The certainty of purchasing your new home
• Your purchase can be made as quickly or slowly as
you require, so you get a seamless move from your old
property to the new
• It’s a hassle-free buying and selling experience
• High-value properties will also be considered by Lioncourt
Colin Cole, chief executive of Lioncourt Homes, says:
“We already have a wide range of incentives available to
our purchasers when they wish to buy a Lioncourt home.
The addition of this new option means that we now have a
complete range of incentive packages that we can tailor to
suit our individual purchasers.”
“We have launched a brand new range of homes at Meadow
View following extensive customer research. These homes
are designed to provide aspirational living in well thought-
out accommodation and attractive looking street scenes.
We have consulted widely to make sure that we incorporate
all the latest ideas from other housebuilders, professionals,
planning authorities and most importantly our customers.
We are delighted with the end result and the extremely
positive comments that we have received from potential
customers.”
There are currently two show homes to visit at Meadow
View, the ‘Oak’ and the ‘Chestnut’.
for further information please contact sue on 0845 873
2885 or [email protected].
Part exchange event coming up for new homes in hereford
“ “Using an existing home in part exchange is the most convenient
way to buy a new Lioncourt home. the Lioncourt scheme makes it easy for buyers to move and a firm offer for the buyer’s home can be made
in under seven days.
Lioncourt Homes - Littleton View, off Shinehill Lane, South Littleton, Worcestershire, WR11 8TRWeb: www.lioncourthomes.com Email: [email protected]
Littleton View, South Littleton - Prices from £250,000Part Exchange available on our range of detached 3 & 4 bedroom homes and bungalows
Beautiful marketing suite & show home open from Thursday - Monday 9am - 4.30pm
Call now 0845 873 2886 or email [email protected]
12 | nov 2014 www.whathouse.com NEW hOMEs
An enviable reputation, built on quality and commitment.
Seven contemporary new residences in a historic Stratford-upon-Avon setting.
First releases now on sale.Alcester Road, Stratford-upon-Avon CV37 9QU
Now on sale, this remarkable collection of three and four bedroom residences boasts an enviable
Sutton Coldfi eld location. Worcester Lane, Sutton Coldfi eld B75 5NA
The Wells is complete with a carpet, curtain and lighting package.
Dosthill Road, Tamworth B77 1JD
In a popular location near to Sutton town centre, Mill Rise offers a selection of eight three
and four bedroom homes.Upper Holland Road, Sutton Coldfi eld B72 1RD
Why rent when you can buy? These vibrant new three bedroom homes are ideal for fi rst time
buyers, with Help to Buy available.Lichfi eld Road, Walsall Wood WS9 9NP
The Shires is an exclusive development of just ten four and fi ve bedroom properties
in the charming village of Yarnfi eld.Ash Lane, Yarnfi eld ST15 0GH
We are Cameron. We look forward to welcoming you home. Explore all of our current and upcoming developments at www.cameronhomes.co.uk. To begin your journey, email our team at [email protected] and discover how we can tailor a deal to suit you!
Coming
soon
Final
property
New
for 2
015
75%
now sold
Settle down in Shropshire. Our Shrewsbury-based sister company, Galliers New Homes, has been building superb new residences in Shropshire for decades. Visit www.galliershomes.co.uk to discover their current collections and preview upcoming sites to launch in the New Year.
With over 20 years’ experience of building outstanding new residences, we understand what it takes to create a home. Our reputation is founded on a dedication to off ering an exceptional customer experience, tailored to suit the individual needs of each buyer. Discover our current collections and take the fi rst step towards your new Cameron home.
17-11 Interior photographs from a typical showhome. * Terms and conditions apply, available on request. **En-suites to selected plots.
t: 0845 652 2491sales hotline: 0800 285 1082e: [email protected]
SaleS office and Showhomeopen ThurSday To monday,10am - 5pm www.kierhomes.co.uk
THE BIRCHES Willcock Road, off Dixon Street, Wolverhampton WV2 2DA
your home, your location
amazing specification includes: Contemporary kitchen with upstands Integrated dishwasher & fridge/freezer Stainless steel oven, hob & hood Fitted wardrobes & en-suite to master bedroom** Turfed garden & block paved driveway
Visit The Birches, off Dixon Street, Wolverhampton, this weekend to view the beautiful new showhome at this exciting development of 2, 3, & 4 bedroom homes.
Prices start from only £94,396* through Help to Buy (purchase price £117,995).
MAKE YOUR MOVE... from just £94,396!*
Also coming soon at:WOODlAnDs, BilsTOn2, 3 & 4 bedroom homes off Great Bridge Roadt: 0845 652 2497
HEATH MEADOWs, WillEnHAll2, 3 & 4 bedroom homes off Pennine Way t: 0845 652 2457
THE COppiCE, BROWnHills 2 & 3 bedroom homes off Short Street t: 0845 652 2458
*Help to Buy and all Bloor Homes’ incentives and schemes are subject to terms and conditions and are available on selected developments and selected plots only. Help to Buy is only available on developments in England, up to the value of £600,000 subject to contract, status and eligibility. **£500 worth of John Lewis Vouchers or a Marks and Spencers Christmas Hamper received for reservations and exchange of contracts, or completion of contracts before 23rd December 2014, offer applies to new reservations received from 8th October 2014 only. Prices and availability correct at time of going to press. Terms and conditions apply. Images shown are for illustrative purposes only and do not depict any particular plot.
Move in for Christmas and enjoy an extra special treat on us.You don’t just have to dream about the perfect home. It’s ready and waiting for you at Bishops Manor. You can enjoy £500 worth of John Lewis vouchers** or a Marks and Spencers Christmas Hamper** if you reserve and exchange or complete before 23rd December 2014. Based on 4 & 5 bedroom homes from £425,000.
Bishops Manor, O� Tudor Hill, Sutton Cold� eld B73 6BE
Book a viewing today. Call 0121 354 9271 or visit bloorhomes.com We’re open daily from 10am to 5pm.
New year, new home
*Details correct at time of going to press, 17th November 2014.
Reserve now at one of our stunning developments and you could be celebrating 2015 in style.
lovellnewhomes.co.uk Available on the iPad
Search ‘Lovell homes’/lovellhomes@lovell_uk
Great locations throughout the Midlands
Caldon Quay, Stoke-on-Trent
2 bedroom apartments and 4 bedroom homes
Tel. 01782 484 936
City Reach, Birmingham 3 & 4 bedroom homes
Tel. 0121 222 1968
Harvills Grange, West Bromwich
2 & 3 bedroom homesTel. 0121 514 8778
Monarch Park, Cannock
3 bedroom homesTel. 01543 331 968
Priory Park,
Dudley3 bedroom homesTel. 01384 500 471
Renaissance, Nuneaton
3 bedroom homesTel. 02476 481 594
West Heath Glades, Birmingham
2 & 3 bedroom homesTel. 0121 514 8219
Coming Soon...Eaton View, Nuneaton
2 & 3 bedroom homesTel. 02476 480 320
Coming Soon...Eden Valley, Walsall2 & 3 bedroom homes
Tel. 01922 460 891
Help to Buy is a Government backed initiative in partnership with housebuilders. *Shows price with 20% loan assistance. Available on selected plots, subject to status, terms and conditions. Help To Buy cannot be used in conjunction with any other scheme. It is highly advised, for a swift,smooth transaction that an IFA/Solicitor advised by Redrow Homes is used. Offer cannot be used in conjunction with any other Redrow offer. Image typical of a Redrow homes. Price correct at time of going to press. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UPREPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.
Chestnut Walk, Bilston
Visit: redrow.co.uk/chestnut Call: 01902 471172
HELP TO BUY
Chestnut WalkBankfield Road, BilstonWest Midlands WV14 0TWOpen Daily, 10am ~ 5.30pm
2 & 3 bedroom homes available from only
PURCHASE PRICE HELP TO BUY PRICE
£124,995 £99,996*
AT
11585 Chestnut Walk WHWM 265x340 wc101114.qxp_Layout 1 10/11/2014 10:33 Page 1
18 | nov 2014 www.whathouse.com aGENt COMMENt
the cost of agreeing a new
tenancy rose 3.7% over
the past year, with rental
growth continuing to be
driven by London and the
east of england, according to Countrywide
Residential Lettings.
In London, the cost rose 7.4% to stand at
an average of £1,229 pcm in October 2014 on
the back of a cooling sales market. The uplift
in rents when a tenant signs a new contract
is a strong indicator of future sentiment
and prospective increases in rent for sitting
tenants, while for a new tenant it represents
the cost of accessing the rental market.
However, it does not automatically
follow that a rise in newly agreed rents is
immediately passed on to all tenants. The
average tenant in the uK saw their rent rise
1.7% over the past 12 months, below the 3.7%
seen by a tenant agreeing a new contract.
Tenants signing 12, 18 or 24 month deals
during which the rent is fixed and landlords
choosing not to pass on increases to sitting
tenants underpin the difference between the
two rates of rental growth.
rising occupancy rates
The average rental property remains empty
for 14 days a year, one day less than in
the first half of 2014. This represents an
occupancy rate of 97%, with half of all
available properties let within two weeks.
A reduction in the time a property remains
empty means there are fewer days when a
landlord is not receiving rent, which serves
to push up net yields. The number of days a
property is empty tracks not only the time to
find a new tenant, but also the time needed
between tenancies to carry out repairs and
improvements.
Properties in London, the South east
and the east of england remain empty for
an average of less than 14 days each year,
serving to drive down costs and place a
degree of upward pressure on yields. Across
Wales, the north east and the north West,
properties remain empty for longer, an
average of 18 days a year, indicating the
additional time required to find a tenant.
Commenting on the data, nick Dunning,
group commercial director of Countrywide
plc, said: “Void periods offer landlords the
opportunity to re-assess market conditions,
make improvements and adjust rent
accordingly. Rental growth predominantly
occurs when a property is re-marketed and
let to a new tenant. An increase in rent for
someone moving into a new property will
filter through to the rest of the market more
slowly, as and when tenants move and new
contracts are negotiated.
“While the level of demand means that
the time taken to find a tenant is at a near
record low, landlords should still factor in
a short period when their property will be
empty. While voids are often associated with
the time taken to find a tenant, in stronger
markets property can be re let in advance
of it becoming empty. even in these strong
markets, time to carry out repairs and
facilitate a handover between tenants is a
cost which needs to be factored in.”
Estate agent Market analysisrent costs up 3.7% for new tenants as demand remains strong
““
the average tenant in the Uk saw their rent rise 1.7% over the past 12 months, below the 3.7%
seen by a tenant agreeing a new contract.
1. Servis’ new FG 8kg HydroDrive model is ideal for large family washes and comes with the Allergy UK Seal of Approval, as well as an LED screen, £419, www.servis.co.uk; 2. Smeg’s WMFABAZ1 7kg washing machine comes in a choice of funky colourways – pastel blue, pink, cream and black – and offers a range of washes that includes a gym setting, £813, www.smeguk.com; 3. Amica’s AWN912DJB is a 9kg machine with 15 different programmes, including a super-fast 12-minute wash for smaller loads, £329, www.amica-international.co.uk; 4. Whirlpool’s 9kg WWDC 9444 was voted best model in a review of 18 washing machines by the Swiss test institute EMPA, £479.99, www.whirlpool.co.uk; 5. The stackable Maytag 10kg MWA10149WH features IntelliSense technology, which can save up to 70% on energy, water and time, £650, www.maytag.co.uk
14 interiors Find your new home at Whathouse.com
Sleek, eco-friendly and available now in rainbow colours, washing machines are bigger and smarter in more ways than one. Richenda Oldham looks at some of the latest models
Life on the fast spin
1 2
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4 5
Thinking of selling your home?
Do you know how much your home is really worth? Find out with our FREE valuation service.
It’s a quick and easy process that you can carry out online or over the phone.
Visit www.whathouse.co.uk/free-valuation or call us now on 0121 262 4146.
£?
WhatHouse? works with a team of reputable agents that will carry out the free valuation
Connells Office
0121 556 2338
Alexandra Road, Tipton. Sandwell
Just 5% Deposit
Visit www.marcityhomes.com or
Call 0845 605 7773 to find out more.
All Alexandra Grange properties feature a range of benefits already included making it easier for you to settle into your new home faster.
√ 2, 3, 4 bedroom homes √ Integrated fridge/freezer √ Integrated washer/dryer √ Integrated dishwasher √ Porcelanosa tiling √ Master bedrooms with ensuite
SPECIAL INCENTIVES THIS WEEKEND
Reserve today and be in your home before Christmas!!!
