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County’s Seven Figure Homes – Market Indicator

18/02/2020

Shropshire’s higher end, seven figure property market, has responded to the election positively according to one of the county’s leading estate agents.

Head of sales at Balfours Estate Agents, Alistair Hilton, says there have been more exchanges and offers accepted. Also they have undertaken more appraisals on behalf of prospective vendors in the first six weeks of 2020 than in the final three months of 2019.

“We have had a very strong January. February is more than matching it, but what is particularly marked is the increase in interest in properties on the market in excess of one million pounds. The Old Bell House set by the River Teme in South Shropshire attracted two buyers in the New Year and is now under offer.

Also to find buyers and exchange in the last six weeks are; Bow Bridge House, Shrewsbury - A large house requiring full restoration, set in 2.5 acres with planning for five new houses, marketed with a guide of £1.7 million. The Mount, Cressage - A country house with land, Coach House and swimming pool is also under offer, with a guide price of £1.5 million.

Alistair explains: “It is clear that there is much more confidence at all levels, purchasers are taking a view on minor hurdles within conveyancing and financing, dismissing those in preference of the common goal.

“Here at Balfours we pride ourselves on both understanding the very individual needs of our clients and also how the market is reacting; it is using this knowledge and experience which enables us to achieve positive sales,” he adds.

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Five Plot Development Near Welshpool

12/02/2020

Balfours Estate Agents Shrewsbury have launched to the market land with outline planning for five detached dwellings.

The residential development for sale near Cefn is less than four miles from Welshpool and within walking distance of local amenities in Cefn, including the local Primary School. 

 

Rural Living With Easy Commutes

Called The Wallers the site enjoys rural views to open countryside and will benefit from its own private drive. Head of sales at Balfours, Alistair Hilton comments: “This is a well presented and highly accessible plot with services nearby and conveniently close to trunk roads; overall it is an excellent opportunity to purchase a freehold site which is chain free.”

He adds: “From a developer’s viewpoint it is likely to attract house buyers seeking a balance between rural village living with accessibility: While Welshpool is close by, Shrewsbury, Oswestry, Newtown, Wrexham and Chester are all sensible commutes.

The Wallers is marketed with a guide price of £300,000, call Balfours Estate Agents Shrewsbury on 01743 353511.

For further information please visit our Property Sales Page.

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Equestrian Paradise

10/02/2020

A superb equestrian facility near Presteigne with access to outstanding off-road hacking has been launched to the market.

 

Property For Sale in Powys With Fabulous Forest Track Access 

Forest Green comes with more than sixteen acres, six stables and an attractive well maintained three bedroom property. The secluded location in the hamlet of Cascob enjoys outstanding views, maximised on the terrace where there is a 180 degree southerly panorama.

On the market with Balfours, Scott Kemsley, Ludlow sales manager comments: “The accommodation has been modernised to provide a truly delightful contemporary and spacious living space.” This includes entrance hall, kitchen breakfast room, a large living room with dual aspect fireplace, study, cloakroom and three double bedrooms, including one en suite and a family bathroom, with potential for an annexe if desired.

Meanwhile the roomy stables, including one foaling box, are all laid with rubber matting and fitted with automatic drinkers.  In addition, the top grade facilities come with tack room, feed room, hay barn equipment store, and hot horse shower. Schooling and fitness are taken care of with an arena, cross country jumps, horse walker and of course the fabulous forest tracks accessed straight from the property, and quiet country lanes.

Scott adds: “This is a rare gem which will be of infinite joy to anyone seeking to pursue and enhance their equestrian activities.” 

Planning for a holiday chalet, now lapsed, offers an additional interest. Forest Green is marketed with a guide price of £695,000, call Balfours Estate Agents Ludlow on 01584 707100.

For further information please visit our Property Sales Page.

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Building Opportunity Bicton Heath

07/02/2020

An exclusive build opportunity in the popular area of Bicton Heath, less than three miles from Shrewsbury town centre, is for sale with Balfours.

 

Bespoke Build Opportunity For Sale in Bicton Heath, Shrewsbury

Half Acre is a bungalow with the benefit of planning permission to convert into a four/five bedroom house together with a building plot to erect a single detached house. Each property will have its own drive from different aspects and good sized gardens incorporating parking; Half Acre also has a double garage with planning to turn part of this into a utility.

Agent, Alistair Hilton, head of sales at Balfours, comments: “This is a rare opportunity either for a self-builder or small builder to develop two very well located plots, just west of Shrewsbury. Amenities close to hand include an excellent choice of private and state schools, including Oxon Primary School, it is also hugely convenient to Shrewsbury Hospital.”

Alistair adds: “This is a chain free sale with huge potential to build something truly bespoke, current floor plans are available.” Half Acre House and building plot are on the market with a guide price of £450,000. Call Balfours Estate Agents Shrewsbury on 01743 353511.

For further information please visit our Property Sales Page.

Half Acre Building Plot and House

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Lettings Calendar Hangs on Red Tape

28/01/2020

The 2020 calendar is packed with regulatory changes affecting landlords and us as agents. We all thought the past decade had been busy, but it seems the powers have gone into overdrive.

Last month saw the Anti-Money Laundering Regulations come into effect, ironically this fifth anti money laundering directive from the EU, came into play 21 days before we left the EU, but it is now on UK statute, including rentals of more than 10,000 euros per month and for the letting of land for a month or more.

March sees the 2018 Act, Fitness for Human Habitation, extend to more tenancies. April showers three updates namely: The grace period for Minimum Energy Efficiency Standards; client money protection for letting agents – this is different to the Tenancy Deposit Protection scheme and all managing agents in the private sector must be part of an approved scheme and adhere to all the bells and whistles attached; for landlords selling a buy to let after April 6, 2020 Capital Gains Tax Relief is likely to increase significantly.

Electrical Safety Standards and Tenant Fees are in the calendar for June, taking us half way through the year.  At Balfours we are constantly updating our systems and our professional competence to ensure our clients can enjoy the rest of their calendar.

To discuss the upcoming regulatory changes with an expert, contact Balfours Head of Lettings Charlotte George MARLA.

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New Build Four Bed Contemporary Character

28/01/2020

This four bedroom property for sale in Shrewsbury encapsulates everything aspired to in 21st century living, including character.

On the market with Balfours Estate Agents Shrewsbury, 4 Bridgewater Place, Harmer Hill is found just six miles north of Shrewsbury. Yorton train station is less than two miles away, providing regular trains to Crewe and Shrewsbury, with onwards travel to Manchester and London.

 

Abundance of Natural Light

Alistair Hilton, Head of sales at Balfours praises this new build design. “Number Four has a large welcoming hall, offering a wonderful flexible space with glazing to three aspects. An abundance of natural light is a theme throughout the property. The reception hall opens through to a magnificent open plan dining kitchen and sitting area. A generous study, utility and cloakroom are also to be found. 

The kitchen boasts handmade solid wood units, with granite work surfaces and the latest appliances, including Grohe instant boiling water tap. Centre stage in the open plan space is a log burner, which can adapt to gas; the ground floor is equipped with underfloor heating too. For the sitting area views across the fields are framed by bi-fold doors opening to provide a terrace room.

The same elevated views are to be found from the master bedroom, again with bi-fold doors, this time to a balcony; this together with a second bedroom benefit from en-suite. A family bathroom serves two additional bedrooms. The garden and double garage complete the package.

Four Bridgewater Place is marketed with a guide price of £530,000.

For further information please visit our Property Sales Page.

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