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Appointment to Shrewsbury office

27/09/2021

Growing up on a family farm in mid-Wales, combined with a first-class degree from Harper Adams University has ultimately yielded Joe Powell with a career move to Balfours.

Graduating in 2017, Joe has since qualified as a rural surveyor and registered valuer, working with a rural practice and firm of auctioneers. Joe joined Balfours earlier this summer as an Associate land agent and is already appreciating the value of working with clients whose estates are intrinsically linked between generations and estate management, with financial, environmental and social merits all to be carefully balanced.

“Having lived on land where it will move through the generations, I think it will be very rewarding to forge long-term relationships with clients and to help them thrive, rather than simply survive, during such changing times for land management. Not only the phasing out of the Basic Payment Scheme, but also the revving up of Natural Capital against a back-drop of major efforts to stem carbon emissions.”

Joe is supporting managing partner, Rory Galliers and associate partner, James Trant. Rory reflects: “We are very pleased to have Joe on board, not just for his work in estate management, which has been exceptionally busy since he joined, but also his strength in valuations, essential in Inheritance tax planning.”

Joe lives between his base at New Windsor House, Shrewsbury and the Welsh borders. When he isn’t refurbishing his home, he likes nothing more than to unwind with a spot of running or lending a hand on the family farm.

Joe Powell

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Serving notice - England returns to normal

27/09/2021

October 1st 2021, sees the reversion of tenancy notice legislation in England, writes Jackie Monro, Head of Lettings.

Following the reversal of emergency legislation, from next month, only two months notice will be required by landlords seeking to take properties back in hand. Therefore in England it is now prudent to wait until 1st of October 2021 before serving notice, because any notice served prior to that date requires four months notice.

Conversely at the time of writing landlords serving notice in Wales remain subject to Welsh Covid emergency legislation, and must still give six months notice, we await to see whether and when Wales reverses its emergency legislation. Therefore if, as a landlord, you need your property back in-hand, serve notice now.

In the meantime, the market remains incredibly strong, both in demand and value. This in turn means tenants considering a move are being cautious because the market is very competitive and landlords can afford to be selective.

If you want to be sure of your ground, the message, as always is to take professional advice, we are here to help and ensure landlords enjoy the buoyant market.

Jackie 2021

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Shropshire unites Guardian and Telegraph opinion

27/09/2021

Now the Guardian has cottoned on to what the Daily Telegraph has been declaring for quite some years. Shropshire is a haven with “rich pickings for visiting gastronome,” writes Abigail Barker.

For those of us lucky to live in the county town we quite literally relish what we have, there are no less than eleven delights listed by the Guardian, all within a short walk of Balfours estate agency in Shrewsbury’s Square.

The Walrus is run by ex Gidleigh Park chef, Ben Hall who highlights the seasons to palate perfection. The Colonel’s Son is where aromatic coffee is roasted in house, then Number Four and CSONS offer fabulous brunch options, while The Bakehouse and Rosie’s Emporium re-awaken taste-buds.

For those unfamiliar with the county town, Shrewsbury’s medley of independent shops is a delight to browse between grazing.

The challenge is to drift through Wyle Blue World to the rear of house “garden bar” without making a purchase. Moroccan meze trays will take your mind off that which caught your eye; but will also give you time to digest the persuasive positives for your purchase. After all it is never too early to start Christmas shopping, is it? A gift may even be a voucher for one of its pop-up events by guest chefs such as grill whiz Adam Purnell.

You could either round off the day with small plates of local cheeses or charcuterie, and natural wines by the glass, at wine bar and shop Glou Glou; or steel yourself further afield for date-night dining to Wild Shropshire in Whitchurch or The Cross Keys at Kinnerley

Don’t take our word for it, savour the whole experience and take inspiration from Shrewsbury’s most famous son, (Charles) Darwin’s Townhouse B&B. Alternatively east of town The Haughmond offers bedrooms, a self-catering barn and a micro-farm shop, not forgetting their fine dining pub all in Upton Magna. This is just one of Shropshire’s numerous charming rural villages. Perhaps they can be The Guardian’s next foray?

The WalrusGlou GlouWild Shropshire,  The Cross Keys, KinnerleyNumber Four,  CSONSThe Colonel’s Son,  Glou GlouWyle Blue WorldMarket HallShropshire SalumiThe BakehouseRosie’s Emporium@pueblo_shrewsburyBattlefield 1403.

spring photos020

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Buyers on a mission

27/09/2021

August usually signifies a lull in the residential market, but not this year, writes Alistair Hilton, Balfours head of sales.

With the majority abandoning overseas holidays prospective house buyers focused their attention on their search, resulting in nearly 40% of properties selling for more than the asking price - according to Propertymark – and it’s a figure Balfours wouldn’t disagree with.

I have often been heard to say that Shropshire property is undervalued, but without doubt there are more buyers latching onto that opinion. The county ticks all the boxes for those seeking to realign their lifestyles with post covid work ethos, incorporating home offices, more flexible living and green space.

Propertymark data reports that there were at least ten per cent more buyers in the market than in August 2020. Conversely supply has continued to decrease during the month.

As the school holidays draw to a close amid an Indian summer, traditionally the market re-awakens. Let me assure you the market is fully awake and is unlikely to fade anytime soon. Obviously, we are valuing with market trends, while the 40% of sales over guide price are buyers on a mission.

We hope anyone considering selling, but sitting on the fence, is encouraged by this and will at least pick-up the phone for a market appraisal, which costs nothing. Our professional and confidential opinion is frequently the beginning of an exciting new chapter for our clients.

Alistair 2021

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Herefordshire appointment

21/09/2021

One of the Herefordshire’s leading agents, Balfours, has appointed Associate Land Agent to its Hereford office.

Andrew Price has hit the ground running, since joining the company in July. Working with the Herefordshire team, one of Andrew’s first achievements was to assist in the sale of Newport House, taking the Estate - with a ten-million-pound guide price – to exchange and completion.

Andrew, who graduated from Harper Adams University in 2015 and is now a fully qualified rural surveyor, had spent the time since working in Herefordshire for several key estates. Balfours associate partner Bryn Hill, says: “Andrew is already proving to be a great asset to us. Of course the fact that he knows the county so well is a bonus.”

Andrew adds that it is the varied client base that makes his new role so interesting and satisfying. “My work assisting in the management of the rural portfolio means no two days are the same; of course the sale of the Newport House Estate, incorporating 400 acres and numerous properties was fascinating and ultimately a very satisfying transaction to have been involved with.”

He hopes that training his cocker spaniel puppy will ultimately be satisfying too; but that remains work in progress. Andrew, together with his partner live in North Herefordshire.

Andrew Price

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Idyllic Cottage Farm, with plot potential

20/09/2021

Cottage Farm is a deceptively spacious detached property situated in a quiet location, yet within walking distance to amenities with fabulous views over the surrounding countryside.

Situated near South Shropshire’s charming village of Clun the accommodation comprises; an entrance hall, two reception rooms, kitchen/ breakfast room, WC, utility room and a conservatory on the ground floor. On the first floor, there are three double bedrooms, including an en suite in the master bedroom and two shower rooms.

In addition to the main house, the garage has been converted into a studio annexe.

Outside there are large front and side gardens, and very generous off-road parking to the front, all on a very generous sized plot. The overall plot size is 1.47 acres (0.59ha). To one side, is a square-shaped plot of land (approx. half acre) with the potential to build a further dwelling subject to the necessary planning permission.

These could be utilised to suit multi-generational family living, auxiliary accommodation or as a home generating a rental yield including a self-contained annexe or a holiday cottage. Cottage Farm is marketed with a guide price of £725,000, call Balfours on 01584 707100.

Cottage Farm Main

Cottage Farm Bedroom

Cottage Farm Conservatory

Cottage Farm Garden

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