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Sales team gain office manager

20/01/2016

A new post of office manager has been created at the Balfours new residential estate agency office in the town centre. Abigail Barker took up the post as Balfours moved to The Square, Shrewsbury last month.

Head of residential sales, Tim Main says: “We are delighted to welcome Abigail to the team. We have enjoyed steady sustained growth over the last 5 years within the sales department which not only meant we needed more space, but also greater co-ordination for maximum efficiency.”

A true globe trotter, Abigail grew up in the Middle East and has also lived in East Africa and Sydney. She says: “Shrewsbury is a fabulous town, which offers a great lifestyle. To be working in the heart of the town in such a beautiful building is great; I began my career in the world of property, so it is really exciting to be back in that sphere.”

Abigail enjoys the responsibilities of motherhood while still making time for her appreciation of fine wines and sampling Shrewsbury’s restaurants.   “I have enjoyed fantastic climates in different countries, but when it comes to primary school and everyday life – Shrewsbury is a very good place to be,” she adds.

 

Abigail Barker

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Barn - grand design dream

05/01/2016

Character barns ripe for conversion in accessible village locations are becoming an increasingly rare breed. However just such a Grade II listed Tythe Barn, with planning permission to convert to a two bedroom dwelling has been launched to the market.

Located in the popular village of Cressage this pretty barn is an open canvas; a copy of full planning permission is available from agents Balfours Property Professionals. 

Head of sales, Tim Main says: “This barn offers tremendous potential for those aspiring to their own ‘grand-design’ project. It also offers a great location; Cressage has good amenities, including primary school, while the towns of Much Wenlock, Telford and Shrewsbury are all within ten miles.”

The Tythe Barn comes with its own private parking and a large area for garden. It is marketed with a guide price of £100,000, for more information call Tim Main at Balfours on 01743 353511 or visit www.balfours.co.uk.

 

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New Year, new project

04/01/2016

A cottage renovation project in the sought after village of Cressage, has been launched to the market by Balfours Property Professionals.

Number Two, Shrewsbury Road, Cressage, is a pretty semi-detached three bedroom cottage, with its own parking and gardens. The current layout of the property comprises of entrance hall with kitchen, pantry, sitting room, and bathroom off. Stairs to the first floor open to the landing, giving access to three bedrooms .

Balfours, Tim Main, comments: “This is an ideal renovation project for a purchaser wishing to add value to their property. Cressage is a popular village which offers amenities including primary school, doctors’ surgery, shop and public house. Furthermore the historic town of Much Wenlock is just four miles away with secondary school and a great array of artisan shops including a renowned butcher. Shrewsbury and Telford are highly accessible, each less than ten miles.”

Two Shrewsbury Road is marketed by Balfours with a guide price of £145,000. For more information call Tim Main on 01743 353511 or visit www.balfours.co.uk

 

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New beginning in The Square

21/12/2015

Balfours Property Professionals celebrated the opening of their new offices in Shrewsbury’s Square – with a launch which coincided with carols in The Square, last week.

The event was attended by clients, professionals and stakeholders, who enjoyed the Christmas festivities, together with a sense of great anticipation in the property market for the year to come.

Says Tim Main, head of sales at Balfours: “Feedback from our guests was very positive with the consensus that we had picked the right site in the right location and that the new space really works. Our jumbo size maps of Shrewsbury and Shropshire added a fascination and wow factor too.”

The move more than doubles desk and reception space for the residential sales team, which has also grown significantly in the past twelve months – reflecting strong, sustainable growth in residential sales over the past two years.

“We are within the wonderful Grade II listed 19th century Old Music Hall, designed by Edward Haycock in 1835. Moving to The Square, not only gives us much needed additional space, but also a profile and presence in the heart of the town,” Tim adds.

 

 

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Georgian elegance and convenience

15/12/2015

Built in the early part of the 1800s, 124 Abbey Foregate, Shrewsbury, is a grade II listed Georgian residence of fine proportions.

As the house is currently used there are six bedrooms and four reception rooms, plus a kitchen breakfast room. The property retains many original features, including wonderful sash windows which flood light into the main reception rooms. 

Agent, Alistair Hilton, of Balfours Property Professionals says: “The beauty of this Georgian property is that the rooms have a real flexibility. Laid out over four floors the kitchen is to be found on the lower ground floor, with service rooms including workshop, utility, wine cellar, coal cellar and main cellar, plus a court-yard. There is fantastic potential within these rooms to create an eclectic mix of 19th and 21st centuries.”

On the ground floor the wow factor is in place with rooms proffering wonderful fireplaces, high ceilings, coving, picture rails and deep, deep skirting.  The same merits can be found on the each of two more floors. Alistair adds: “This town house has been restored to an exacting standard, incorporating rewiring and re-plumbing.

The pleasing elegance of number 124 is also to be found with a façade built from Grinshill stone, cut from large ashlared blocks. Private gated parking, walled courtyard and private garden are all part of the package, which is just a half a mile walk from the town centre, where amenities of a thriving town are on hand including excellent options for education, shopping and business.

124 Abbey Foregate is marketed by Balfours with a guide price of £650,000. For more information call Alistair on 01743 353511.

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New build market driver in 2016

11/12/2015

The increase in new build homes will be a significant factor in the residential market in the year ahead.

During the past nine months new build has been running close to 20% of the residential market in Shrewsbury and indeed across Shropshire. This measured role out of new homes is set to continue – as developers, who now have ample land “ready to go,” construct in phases primarily to the appetite of buyers, but also to match their cash flow.

The effect of this new build housing stock on Shropshire’s residential market place is that the volume of sales has roughly stayed the same throughout the year, excluding a little expected fluctuation between months. As a result supply is going to be, once again, constant and therefore likely to lead to relatively flat prices, rather than any increase in demand pushing prices up.

As always macro factors are likely to impinge, including bank interest base rate levels; the world economy and the UK economy. These, together with life’s other vagaries contribute to the “feel good factor,” this without doubt is something none of us should under-estimate – general confidence will be a key contributor to the 2016 residential market.

From both sides of the fence, vendor and purchaser, the ability to go when the time is right can make, or break, a sale or purchase. It is a fact that ten years ago conveyancing was averaging four weeks; currently it is taking nearer 12 weeks.  Preparation is key – having the right solicitor and finance with all relevant advance preparation in hand so that timelines can be shortened as much as possible.

Premiumsand growth

Even in the current steady market one off properties can attract one off buyers, where price is not the only influence. The right house, in the right location, for the right buyer can yield a very substantial premium to the guide price. This year, at Balfours, we saw several such examples – and very satisfying it is for all parties concerned. Experience tells me there will be more in 2016.

For the forthcoming year and well beyond, growth and optimism in Shropshire’s housing market has seen us, at Balfours Property Professionals, move into new premises. Our new home is The Square, Shrewsbury - do call in if you are passing. Best wishes to you for 2016 and may your residential aspirations flourish.

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