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Traditional cottage tucked away

03/02/2017

A pretty three bedroom semi-detached cottage, in Craven Arms is marketed with a guide price of £200,000 by Balfours.

Number Six, Brook Road, is a traditional cottage found in a tucked away location, yet within walking distance of local amenities, including school, shops and vibrant community facilities. Craven Arms is six miles from Ludlow and five miles from Church Stretton and Shewsbury is an easy commute at 22 miles.

The entrance hall leads into the sitting room which has a wood burner nestled in a stone and brick inglenook. The dining room leads through to the side hall off which the kitchen breakfast room can be found. Also from the inner hall are the stairs, downstairs cloakroom and storage cupboard. The first floor is well laid out with three bedrooms and a family bathroom.

Agent, Scott Kemsley of Balfours says: “This is a wonderful property, well laid out yet with a traditional feel. It has a good sized garden and a single good sized garage. There is also a very useful outside storage for logs, bikes and an outside wc.

For more information call Scott Kemsley on 01743 353511.

Please click here for further details.

 

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Balfours Report Record Number of Property Valuations

31/01/2017

A record number of valuations on behalf of prospective Shrewsbury town vendors have been achieved by one of Shropshire’s leading agents.

Balfours report more market appraisals in January 2017 than in any month of the previous year. Town sales manager, Alistair Hilton, says: “On January 3 the phone started and it hasn’t really stopped – and that is translating through from appraisals to instructions.

Without doubt there continues to be a supply and demand in-balance, with more buyers than sellers and some vendors are trying to capitalise on the good level of prospective purchasers to capture a good price.”

He says that last year it was February before the phone really began to get busy and attributes the upsurge to several factors. “As a company Balfours has adopted a strategy to achieve more market share in town – our hard work, combined with our fabulous office in the prime location of The Square is certainly paying dividends.

“The UK’s property market is also proving to be robust through the political upheaval of Brexit and world affairs. Last year we had stamp duty on second homes to deal with, which did present a positive spike to the market in the spring months.

He adds: “The take home message for Shrewsbury’s residential property market is very positive, quality homes in sought after areas are in strong demand.” Should you wish to discuss your property with Alistair Hilton then call 01743 353511 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

 

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Apartment puts life at fingertips

30/01/2017

A two bedroom apartment situated in the heart of Shrewsbury’s historic town centre, with a balcony overlooking the River Severn, is on the market.

39 Lower Blackfriars is ideal for anyone who wishes to have life at their fingertips – be it in the town centre or further afield. It has a garage and a dedicated parking space within the courtyard; plus excellent road and rail links to the UKs major cities and International airports at Manchester, Birmingham, Liverpool and East Midlands.
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Apartment 39 is on the second and third floors with communal stairs leading to the front door. The property consists of an entrance hallway, a generous sitting room, dining room, and kitchen. One bedroom is en-suite, while the other has a separate bathroom.


Alistair Hilton, town sales manager, says: “The balcony, off the sitting room, has fabulous views not just to the Severn, but over Shrewsbury’s Abbey, the English Bridge, the Wrekin and Haughmond Hill. A perfect place to unwind with a glass of wine or such.

Shrewsbury is highly regarded for its extensive range of independent shops as well as cultural and educational facilities. Riverside walks, museums, fine dining and nationally recognised schools are all a short distance from the property.

Built in 1998, Lower Blackfriars is a twin block of apartments in Shrewsbury Town Centre, based around a courtyard carpark. Residents enjoy exclusive access to the adjacent Blackfriars Meadow where raised beds are available by separate arrangement.
Apartment 39 is marketed with a guide price of £285,000. For more information call Alistair Hilton on 01743 353511.

Please click here for further details.

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Apt 39 livingroom

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Former farmhouse near county town

27/01/2017

Arscott House has deep roots and many of them. This picturesque former farmhouse which could tell many a tale of bygone days is now seeking a new incumbent for a new adventure.

Its roots are just five and a half miles of the county town, Shrewsbury; and little more than five minutes to the bypasses which link Shrewsbury with the Midlands and North. The villages of Longden and Hanwood are each less than two miles from the hamlet of Arscott and both have primary schools.

This farmhouse kitchen was ahead of contemporary fashion with a natural open division between the breakfast room with wonderful character timbers, open enough to be sociable, but screened enough to hide the pots and pans when necessary. An additional asset is the north facing pantry.

The main focus in the sitting room is a feature oak panelled inglenook fireplace with wood-burning stove, which is complimented by the old polished tiled floor. There are two more reception rooms, the dining room and the study. A boot-room and store room complete ground floor facilities.

A popular asset of many farmhouses, Arscott has two staircases to the five bedrooms of pleasing proportions and diverse dimensions, one of which is en-suite. A family bathroom and an additional wc service the remaining four bedrooms. Below ground floor are substantial cellars, affording some 34 square feet of additional space.

Marketed by Balfours head of sales, Tim Main comments: “This is a charming property with lots of character to be enjoyed. Plus a garden with potential situated in a pretty hamlet enjoying a beautiful rural backdrop. Arscott House is marketed with a guide price of £600,000. For more information call Tim Main on 01743 353511.

Please click here for further details.

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Corner plot in quiet cul-du-sac

26/01/2017

A rare corner plot within a cul-du-sac in Shrewsbury’s popular residential area of Radbrook, intensifies the appeal of 41 Torrin Drive.

This well presented four bedroom family home is located just a third of a mile from the local shops and two and a half miles from Shrewsbury’s town centre and train station. A number of highly regarded private and state schools are within close proximity, as are the trunk roads to the national motorway network.

Number 41 is well configured with the sitting room found off the entrance hall. Alistair Hilton, town sales manager for Balfours comments: “The sitting room is a spacious room with lots of natural light and a feature gas fireplace and there is a dedicated study area found adjacent to the sitting room.

“A suite of three rooms run across the rear of the house, offering access to the garden from the garden room and the utility room, with the kitchen located between the two. This makes a fabulous space for entertaining, spilling out to the west facing garden. A utility and cloakroom complete ground floor accommodation. On the first floor the master-room is spacious with en-suite, fitted wardrobes, plus large walk-in cupboard. The family bathroom serves three additional bedrooms, each overlooking the rear of the property.

41 Torrin Drive comes with a double garage and is marketed with a guide price of £485,000. For more information call Alistair Hilton on 01743 353511.

Please click here for further details.

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Rural Businesses Under Threat From Business Rate Reform

26/01/2017

Shropshire’s rural enterprises are among the biggest losers in the most radical reform of business rates for a generation.

Vineyards to livery yards, stud farms and riding schools will be the worst hit by the Valuation Office Agency (VOA’s) revaluation exercise.The warning comes from Balfours Michael Watney, who specialises in business rates and says other rural businesses may be facing similar problems too.

He explains: “Anyone hit by a big increase needs to look carefully into how the increase has arisen and whether the VOA either has its information right, or can justify its figures. These rates are usually reset every five years, but a delay means that the government is adjusting rates to reflect seven years of changes in the property market. However it is significant that the basis of assessing rates has not changed, namely it is the rental value of the property.” 

Says Michael we need to ask: How much have rental values for such facilities increased since 2008 to 2015? The answer is that in many cases in the West Midlands rental values have not increased on like for like properties between the two dates.

“The last revaluation in 2008 was the end of the last property boom when rental values were quite high. Since then most properties have seen a drop and rental values are only now strengthening back-up. So on the face of the figures, increases should be modest.”

As part of the revaluation of business rates, the government has doubled the threshold at which rates are payable from £6,000 to £12,000 with a sliding scale of relief up to £18,000 which takes many small businesses out of rates. “As a result the VOA is under more pressure to find additional revenue sources, hence having a closer look at soft target rural business properties,” says Michael, who warns that most of the VOA officers are more used to dealing with urban properties with rural specialists thin on the ground. 

He says the revaluation will have been a desktop exercise based on the limited information the VOA has from the rates returns. “Office blocks and shops are relatively easy to value; equestrian yards and other rural businesses are much harder due to their complex nature.

“The scope for an incorrect valuation is high, often because they are based on the wrong information. In March businesses will be receiving business rates invoices for 2017/18. If you consider your rateable value to be incorrect and unjustifiable then seek professional advice,” Michael adds.

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