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Tuesday, 06 February 2018 12:05

January Sees High Demand For Residential Lets

Properties to let are in exceptionally high demand according to one of Shropshire’s leading agents.

Head of lettings at Balfours, Charlotte George MARLA, says: “Last month we agreed lets on three properties before even advertising them, such is demand. One property is a 4 bedroom detached property in Copthorne - let to a family known to us who are long term renters.

Another was a five bedroom detached farmhouse near Wroxeter – let to a family who had enquired about another property. As we knew their requirements we were able to recommend the farmhouse which was due to launch.

“We had a similar situation with another family who are relocating to the area but missed out on another property so we were able to recommend a 5/6 bedroom house in Rednal, near Oswestry which they loved and are very much looking forward to moving in to.”

Charlotte says both landlords and tenants are thrilled with the result and reflect the advantages of using professional agents who know their applicants; have an active database and who know, not only the properties on their books, but what is due to come on.

She adds: “It has been exceptionally busy for January and a trend which looks set to continue through February, suggesting that the spring letting market has come to life a little earlier than usual. In recent years we have seen a more fluid market, where people may own their own property and not necessarily want to sell it, but need to move locations for work or family reasons. Letting the owned property and renting somewhere to live is the answer and more people are enjoying the freedom this presents.”

“Without doubt presentation of the property is key. Landlords that go that extra mile to ensure fixtures, fittings and décor are fresh and in good working order, be it for a one bedroom maisonette or a period home will have no trouble in letting. Using an agent and ensuring the property is well presented, is quickly paid for by minimising the time a property is empty.” Speak to Charlotte with your letting queries on 01743 277069 or This email address is being protected from spambots. You need JavaScript enabled to view it..

farmhouse Wroxeter

Farmers and landowners in Shropshire and mid-Wales can be reassured that local land agents who are members of the Central Association of Agricultural Valuers (CAAV) benefit from the inside track on policies and knowledge affecting land and rural issues.

Balfours associate partner, Andrew Liddiment, currently chairman of the Shropshire Montgomeryshire and District Agricultural Valuers Association says the organisation is considered by many to be the principal and most useful professional organisation for land agents. 

“The CAAV is at the front of the pack and an industry stakeholder on many matters affecting legislation and opportunities in agriculture and the countryside" he explains. "It provides a valuable lobbying force within Brussels, although the emphasis will gradually shift to a greater emphasis on Westminster, Cardiff and Edinburgh. As a result, it is an invaluable source of information to its membership.”

The Central Association is made up of 29 regional associations. Balfours is pleased to have a strong input, centrally with David Groves sitting on the national council, and locally, with Andrew Liddiment as Chairman and Richard Jones, the long standing secretary for some 100 members in Shropshire and Montgomeryshire. The immediate past chairman for Herefordshire and Worcestershire is Bryn Hill, who is based in Balfours Hereford office.

Andrew adds, “We are particularly proud to have a CAAV examiner within Balfours team, namely Justin Stevenson with Richard Jones-Perrott also being an examiner for the RICS Rural faculty. They are a great asset to our trainee land agents who truly appreciate the mentoring and experience they provide.

“Shropshire is also lucky to have the CAAV’s Senior Vice-President Geoff Coster BSc MRICS FAAV, based in the government’s Shrewsbury Valuation Office who shall shortly be elected president of the Central Association in 2019. As a result, the annual CAAV National Conference and AGM will be held in Shrewsbury in June 2019 (for the first time since 1987), which is a further indication of the high regard in which Shropshire and Montgomeryshire based agricultural valuers are held within the industry."

 

JS RJP AL

Friday, 02 February 2018 17:06

Two Bedroom Town Centre Apartment

A two bedroom apartment in one of Shrewsbury’s highly desirable locations is on the market with a guide price of £200,000.

Apartment 3, Taylor’s House, 7 Milk Street, is a charming grade II listed property, found on the second floor of the period building. Head of sales at Balfours, Alistair Hilton says: “This is a delightful apartment with immaculate décor and wonderful large sash windows - which not only provide lots of natural light, but also great views of Old St Chad’s Church.”

The accommodation comprises an entrance hall with all rooms leading off. The kitchen/diner and living room are found adjacent to each other, each having two sash windows and the living room extending nearly four metres square. The bedrooms each share views to the Church and town beyond. A bathroom and storage cupboards complete the property.

“For anyone seeking the convenience of town centre Apartment 3 has it all, boutique shops, restaurants, bars and theatre, plus the Quarry Park with river walks. Train and bus station are each within easy walking distance too.

For more information call Alistair Hilton on 01743 353511.

Please click here for further information.

Taylors House Main

Taylors House Lounge

Taylors House Kitchen

Taylors House Bedroom

Thursday, 01 February 2018 12:49

Motivational Dragon In Belvidere School

Head of sales at Balfours, Alistair Hilton has been enlisted as a Dragon for this week’s (Friday, Feb 2) Dragons’ Lair event at Belvidere School.

The annual event is the initiative of Hope House. Alistair, together with his co-dragons, will be judging the merits of Year 10 Business students’ charitable fund raising aspirations. Alistair's experience as estate agent spans 14 years, including ten years working in London. He now heads up Balfours growing property agency at The Square, Shrewsbury.  He also runs a successful investment fund, for personal interest rather than personal gain.

“This is a wonderful opportunity and step into enterprise for the students who are 14 and 15 year olds in their first year of GCSEs", explains Alistair. "The students will work in small teams to create a fund raising initiative. What we will be looking for is business aspects, from presentation and brand awareness, to target markets and profitability.”

Alistair, who attended school in the UK and Europe, perceives his role as a motivational dragon: “We want to help each team reach their aspirations. As a father, I find it hugely rewarding to see children develop in confidence and ability – and this is the rationale behind the school’s Dragons’ Lair.

“The added bonus is of course that with success come funds raised by the school teams for those children who, sadly, do not enjoy the luxury of good health or indeed long and fruitful lives. The Hope House, Dragons’ Lair initiative brings very positive benefits to all concerned – and I count my experience in that process among those benefits,” he adds.

For more information from Hope House please click here.

A livery yard which offered DIY plus other services has recently won a land mark case against the Inland Revenue, qualifying for Business Property Relief, which could hold well with other land-based activities.

However the victory comes with three caveats, says Balfours partner, Susie King: The importance of running a professional livery yard, the cost of going commercial against the potential gain from BPR and the government’s intention to appeal the decision.

Susie explains: “Previously the Inland Revenue only applied Business Property Relief – BPR to full livery yards and did not permit DIY businesses – perceiving this as renting out land and stables classified as an investment asset rather than a key business asset.”

The case involved the estate of a deceased Maureen Vigne, who ran a livery business. It was argued on appeal that in addition to pasture and stabling, the yard provided feed, wormers and checked the horses. The judge said rather than assessing the value of the land’s occupation, the owner’s intentions should be taken into account.

Mrs Vigne had planning permission for additional stables and had previously applied for permission for accommodation for the yard manager –who was qualified to British Horse Society stage four. As a result the judge ruled that combined with the services provided this qualified as a non-investment business that was more than simply letting land.

Susie says: “If this result stands it could mean significant savings for those inheriting DIY businesses, with BPR at 50% or 100%. Therefore anyone running a serious livery stables should ensure that it is managed in a professional manner, which may also mean ensuring some staff or personnel have appropriate qualifications and by adding some additional services, to demonstrate that it is a true trading business.

Conversely, Susie suggests that many DIY initial start-ups are relaxed and informal often evolving as a diversification or side-line to support the owners own equestrian habits. Going to the next level to potentially qualify for BPR is going to incur additional costs and complications in terms of facilities, staff, insurance, planning permission, taxation, business rates etc - which will only be viable on enterprises with the necessary scale or critical mass. “If you would like to discuss the implications of this case call Susie King on 01743 241181.

stable yard

Friday, 26 January 2018 12:34

Hadnall, Shropshire

 

An imposing detached house set in a 0.75 acre (0.3 ha) south facing plot with pool and brick outbuilding.

Tuesday, 23 January 2018 10:28

Priest Weston, Montgomery

 

A Grade II four bedroom country home with potential for guest accommodation plus an outbuilding, set in 2.3 acres (.93 ha).

Monday, 22 January 2018 09:11

Sutton Wood, Coalport

 

A three bedroom cottage and farm buildings with residential planning permission, paddocks and land totalling 14.19 acres (5.74 ha).

Tuesday, 23 January 2018 12:37

Top Location For Town And Country

The best of both worlds, proximity to Shrewsbury town and open country views are on offer on the fringe of Meole Village. Number Six Milnthorpe Close is a modern, detached family home in a sought after location enjoying views over the Rea Brook.

Marketed by Alistair Hilton, head of sales at Balfours, the property comprises of an entrance hall with access to two of the three reception rooms, also to the kitchen with breakfast bar. He says:  “This is a well laid out property with the study immediately accessed from the entrance front door, while the living room and dining room are found to the bottom of the hall, linked by double doors. Each has wonderful views to the garden and landscape beyond, with the lounge providing access to a terrace.”

A cloakroom is to be found off the hall too, while ascending the stairs reveals the master bedroom with en-suite shower room, and three bedrooms sharing a family bathroom. Alistair adds: “Number Six has much to offer, a double driveway, to a detached double garage, with space for a workshop within its generous 25 square meter space.

“This is a wonderfully quiet location, yet it is only three miles from Shrewsbury town centre with all the amenities that provides. Significantly a selection of both primary and secondary, state and private schools are all within walking or cycling distance.”

Balfours are marketing Six Milnthorpe Close with a guide price of £410,000. For more information call Alistair Hilton on 01743 353511.

Please click here for further details.

6 Milnthorpe Main

6 Milnthorpe View

6 Milnthorpe Kitchen

6 Milnthorpe Garden

A new and innovative development of 30 homes at Minsterley, is enjoying exceptional interest.  

The Orchid Meadow development - which is being carried out in two phases - has, within two weeks of 2018, seen the reservation of two of the newly launched 3 bedroom detached “Tyrell” Homes along with all four of the first phase’s  2 bedroom “Bolton” homes and a further two reservations on the 3 bedroom semi-detached “Lannister”.

The two and three bedroom houses are built by Clutton Homes, with a ground breaking roofing technique, which credits them as the first property developer in the UK to have an entire roof, complete with tiles fitted via a crane.

Agent, Scott Kemsley of Balfours who are marketing the properties says: “We are thrilled to be working with Clutton Homes, they have been innovative in their approach, not only making history with the roofing system, but also their use of intelligent design techniques, from quality modern fittings and craftsmanship to achieve a contemporary fresh and stylish feel.

“Furthermore the development is built within the scope of the “Help to Buy” equity loan - which, along with the abolition of Stamp Duty for people who do not already own a property, is proving to be a real help to purchasers. With the Help to Buy equity loan, the Government lends up to 20% of the cost, so only a 5% cash deposit is needed and a 75% mortgage to make up the rest. The two bedroomed is marketed with a guide price of £145,000, while three bedroomed homes available between £170,000 - £199, 950 are available.”

Scott adds: “These are beautifully presented properties in a great location with more of the development to come on stream. Minsterley is a popular village with good reason; there is a full complement of services including primary school, plus secondary school in neighbouring Pontesbury. Shrewsbury is less than ten miles away, with easy links to the bypass and motorways.”

For more information call Scott Kemsley on 01743 353511.

For further details on some of the remaining Plots please click here 27, 29 and 36.

 

Orchid Tyrell

Roof Orchid Meadows 4

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