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“The most recent news of a snap election is unlikely to have a significant affect, given the unusually short run from the announcement to ballot day, resulting in less time for hesitancy pre-election and therefore less impact on transactions,” says Alistair Hilton head of sales Balfours.

Figures released this month by two leading mortgage lenders suggesting a slowdown in residential property price growth are contradicted by figures released by the Office of National Statistics (ONS).

Making sense of the property market in uncertain times, Alistair, says the ONS figures take into account cash buyers, who are driving house price growth. “It is unusual for cash buyers to be spearheading the market, because they think they can use their ability to pay cash as leverage.”

He continues: “Those securing mortgages are finding wage growth at 2.3% is factored in; while this is satisfactory, once today’s increased inflation, currently at 2.1%, is accounted it only leaves 0.2% growth advance. As a result anyone looking to secure a mortgage is feeling the pinch.”

However on the plus side, the adverse effect of inflation rising rapidly, mainly due to Brexit and the fall of the pound against cost of imports, is driving the banks to be more imaginative.

Alistair explains: “Off-set mortgages are becoming more common. This is where the purchaser has a healthy deposit, but only allocates an amount equating to 15% of the loan value. The balance is retained in savings to be deployed to other major purchases, such as car or holiday but the interest accrued is used to pay off the interest on the mortgage.

 

Thursday, 20 April 2017 16:01

Flexible package in Area of Natural Beauty

A property that offers the flexibility for dependent extended family; homework base, or holiday let is on the market.

This “three in one” comes with five acres of grounds, located in an Area of Outstanding Natural Beauty, nine miles south west of Shrewsbury, at Castle Pulverbatch.

The package comprises a principal house with two cottages, one semi-detached plus a detached cottage.  The principal house has a large sitting room with garden room and wood burning stove. A second wood burning stove is found in the dining room, which links through double doors to the kitchen. A snug completes the ground floor accommodation. On the first floor there are five bedrooms with two bathrooms.

Each of the Cottages has two bedrooms; Number Three Brook Cottages is detached with two reception rooms. Duncan Scobie, of Balfours comments: “The properties are in a great edge of the village position, with the renowned White Horse public house, just a pleasant stroll away passing the historic motte and double bailey with viewpoint. Longden is three miles down the road, with primary school, post office, village stores and very popular tennis club.”

He adds: “The location boasts the most wonderful riding and walking country with access to the Long Mynd, Stiperstones and many circular routes; yet is highly accessible to Shrewsbury and Church Stretton, perfect for running a tourism enterprise. Gardens surround the properties and a brook flows through the front garden, which make up the five acres in the package.

Brookside together with the two cottages is marketed with a guide price of £625,000. For more information call Duncan Scobie on 01743 353511.

Please click here for further details.

 

Brookside main

Brookside paddock

Brookside sitting room

Brookside cottage kitch

 

Wednesday, 19 April 2017 11:39

Belle Vue, Shrewsbury

 

Superb cottage style terraced two bedroom period home located on one of the most revered streets in Belle Vue.

Tuesday, 18 April 2017 15:00

Katie Richardson

The Square

01743 353511

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Katie has recently returned from travelling and working in the USA and Canada over the past two years, and has now returned to the UK to reside with her husband in Shrewsbury. Originally from the Midlands, Katie has a four year background in Residential Property Lettings in Birmingham city centre. 

Monday, 17 April 2017 14:08

House with yards, workshops and paddocks

Business premises with a four bedroom farmhouse have been launched to the market by Balfours.

Bull Farm House sits within more than two acres of grounds which provide yards and significant workshop facilities, including a paddock. Located in the village of Letton, the city of Hereford is 13 miles with Leominster a similar distance. Cardiff, Birmingham, Gloucester and Bristol are all less than 80 miles.

Agent, Scott Kemsley of Balfours says: “This is a fabulous opportunity for someone starting or growing a business which needs space. The premises includes a 780 square feet lock up workshop with three phase electric, three storage bunkers and a range of out buildings with large yard all with separate access from the farmhouse.

“The farmhouse is in need of modernisation – providing an open palette of a large living room, kitchen with dining room, entrance hall and downstairs cloakroom. There are four bedrooms and a family bathroom on the first floor.”

Locally, the market town of Kington eight miles away, offers an extensive range of amenities from shops and pubs to cricket and golf club. There is a wide selection of state and public schools within catchment together with a bus service running through the village.

Bull Farm House is marketed by Balfours with a guide price of £400,000, for more information call Scott Kemsley on 01743 353511.

Please click here for further details.

Bull Farm Main

Bull Farm Land

Bull Farm Workshop

Bull Farm Side Aspect

Tuesday, 18 April 2017 12:26

Shrewsbury agent away to Chelsea

One of Shropshire’s leading estate agents will be at “The London & Country Property Show” next month. Balfours, whose residential sales department is based in Shrewsbury’s Square, will be represented by sales manager, Alistair Hilton and Duncan Scobie

Alistair says: “This show is an inspirational event for people who have been hovering over the idea of a life changing move. Formerly known as the “Move to the Country Show, the event is a great place to network and contemplate options outside the capital.”

This year’s event will be held at The Chelsea Old Town Hall, London on Wednesday, May 10, when Balfours’ London Office will be among 30 leading firms of Estate Agents and Chartered Surveyors from across the country, who will be on hand to offer their advice to homeowners who are planning to invest outside the Capital.

Alistair adds: “The show is for those who are inquisitive about moving away from London, or simply for those looking for a different lifestyle. The show is a great place, not only to weigh-up the pros and cons of locations across the UK, but also to ponder lifestyle residents: From rectories to country estates; farmhouses to ‘chocolate box’ cottages; ski chalets to villas and from Chelsea to Shrewsbury a broad spectrum of properties will be available for sale and to rent,” he adds.

For more information visit www.thelondonoffice.co.uk  or call Alistair Hilton on 01743 353511.

Thursday, 13 April 2017 15:49

Spring Newsletter 2017

Please click here to read our Spring 2017 Newsletter.

Friday, 07 April 2017 15:59

Uffington, Shrewsbury

 

A truly wonderful example of an executive family home located on the east side of Shrewsbury.

Wednesday, 12 April 2017 15:06

Cottage with paddocks to let

Outstanding views to the Shropshire Hills, paddocks and large gardens are all on offer within this newly renovated cottage available to let through Balfours.

Keld Cottage is found at Kenley, an idyllic hamlet, within easy commute of Much Wenlock, Shrewsbury, Telford and Bridgnorth. Sitting in landscaped gardens the two bedroom property perfectly combines character with contemporary convenience.

The accommodation comprises of breakfast kitchen with appliances, sitting room, dining room, garden room and cloakroom. On the first floor there are two bedrooms and a bathroom.

Head of Lettings at Balfours, Charlotte George, MARLA, says: “Keld Cottage has been renovated to the highest standards. Grade II listed, the cottage is cosy and will be economic to run thanks to double glazing, high insulation and biomass heating. What makes the package particularly special are the two paddocks totalling close to 2.5 acres. There is also a large garden and detached garage.”

Keld Cottage is available to let at £1000 per month.For more information and to arrange a viewing call Balfours lettings on 01743 277069.

Please click here for further details.

Keld Cottage main

keld bathroom

Keld kitchen

Keld garden room

The unspoilt Shropshire countryside provides outstanding riding with many bridleways making for great hacking.  Leading equestrian research from BETA says there are an estimated 446,000 horse-owning households in the country. For those households Balfours currently has a superb range of properties with equestrian facilities, from large stable yards and former farms to country houses with annexed accommodation, swimming pools and the quintessential country cottage.

Manorfields is a dedicated equestrian centre with 25 stables nestled below Great Lyth, just five miles from Shropshire’s county town, Shrewsbury. It also comes with, a four bedroom house, two all-weather arenas and 11 acres of paddocks within its £675,000 guide price. There is also the option to purchase a further 13 acres.

Five bedroom Perkley House fits the family with horsey interests. It comes with two stables and two paddocks. Positioned to maximise the views it sits within the hamlet of Bourton Westwood, just a mile from Much Wenlock – and the Wenlock Edge, renowned for its stunning countryside and riding country. Part of the Perkley package is a two bedroom annex, garage, various sheds, marketed by Balfours with a guide price of £600,000.

Wonderful riding country is on the doorstep of Llanrech Farm, throughout the renowned Marches area including Offa’s Dyke. The farmhouse provides a character four bedroom home with a comprehensive range of outdoor facilities including stables, Dutch barn, and other outbuildings. The unspoilt character market towns of Montgomery and Bishops Castle are each only some seven miles away, with Shrewsbury and Ludlow some 20 miles.” LLanerch Farm is marketed with a guide price of £570,000.

Stables, swimming pool, fields and manege are among the assets of New Hall, in North Shropshire.

Dating back to the 15th century, this listed property, near Dudleston, Ellesmere, provides well-proportioned rooms over two floors extending to a vast 6,000 square feet. The property comprises of entrance hall with inner lobby accessing four reception rooms, three of which benefit from woodburning stoves. With land extending to 8.5 acres other features include three ponds, woodland and an orchard. New Hall is marketed by Balfours with a guide price of £750,000.

The Thatched Cottage, Kenley, is a picture box property, both from outside and within. It is set in three acres incorporating paddocks and a large garden. Accommodation includes four bedrooms, three stables and four garages. Kenley hamlet has magnificent views to the Wenlock Edge, while the towns of Shrewsbury, Much Wenlock and Telford are each highly accessible with a guide price of £650,000.

Stables, barn and paddock are among the assets of four bedroom “Rosebank” at Minsterley, on the market with a guide price of £425,000. It comes with two and a half acres of garden and paddocks, plus stables and wonderful views of countryside, yet with Minsterley amenities in walking distance and Shrewsbury just ten miles. Fabulous hacking is to be found nearby within the Rea and Habberley Valleys. To find out more about any of these properties call Scott Kemsley or Duncan Scobie on Balfours on 01743 353511.

Manorfields

Manorfieldsstables

Perkley House

 

Llanerch Farm

Llanerch Main

 

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