North West's Largest Independent Estate Agent

Newsletter Issue 4: May 2012


Changing Times...

It’s amazing how much this industry has changed since I started some thirty years ago.

Thirty years ago viewings in the evening were unheard of and Saturday viewings were a very much half hearted affair (if they happened at all.) The ‘old ways’ also included no websites or portals from where we get more than two thirds of our enquires, no mobile phones (how did we run a business without them?), limited and expensive magazine advertising, no property misdescriptions act and therefore ridiculously ‘flowery’ property descriptions.

How times have changed and, in most cases, for the better.

Our clients want pro active sales people acting on their behalf, they want a great service where they can trust the integrity of the Agent acting for them. They expect intelligent marketing, evening and week end appointments and a good result, in short they want to enjoy the experience and the result.

In my view there are still very few Estate Agency practices that have got the balance right. In some Agencies you may enjoy the experience as the people are ‘nice’ but you’re not quite sure if they’ve got you the best result, whilst in others you hate the experience but consider the outcome pretty good.

Surely as an industry we can do better than this and this is our focus at the Estate Agency Companies we run. The two outcomes are not mutually exclusive, you can enjoy the experience and the result, and the longer our competitors do nothing about it, the happier I am!

Enjoy the read and as always please let us have your feedback whether it’s positive or negative!

Regards

Paul Lea
Chairman


Freehold Residential Investment Opportunity

The property comprises a four storey newly built block (completed 2007) of 55 apartments and 2 commercial units with the benefit of secure underground parking and there is lift access to all floors.

Quick investment breakdown

  • 32 unsold two bedroom apartments (25 en-suite)
  • 23 apartments and 2 ground floor commercial units sold off on long leases
  • Total ground rent income &2,300 pa
  • Estimated rental income when fully let &211,200 pa
  •  Estimated Gross Initial Yield in excess of 10%

Location

Sefton Street is ¾ mile south of Liverpool city centre and benefits from excellent transport links into the city. The property is located on the east side of Sefton Street and is surrounded by a mix of residential and commercial property.

Accommodation/Specification

All of the apartments (25 with en-suite) are completed to a modern/contemporary standard with modern floor coverings and integrated appliances. From our sample inspection we understand that all apartments have fitted kitchens and bathrooms.

Estimated Rental Income

The 32 unsold apartments are currently un-let and will be sold vacant. We have estimated that a 2 bedroom apartment in this location will achieve a gross rent of &550 pcm. Therefore, the Estimated Rental Income for this investment is &211,200 per annum (10.56% GIY).

Management

The property is currently managed by Venmore Property Management. 

Tenure

Freehold under Title LA383896.

Asking Price

Offers in excess of &2,000,000 subject to contract.

Viewing Arrangements

We will be undertaking block viewings by prior appointment over the next couple of weeks, if you would like to view please contact our office to register your interest.

Additional Information

For further information on this property please contact our Business Development Director: Maria Barrigan on m.barrigan@venmores.co.uk or 0151 243 5303/ 0755 752 9315



NEXT AUCTION: 30th May 2012

Our up and coming auction is not far away!  There are a wide variety of properties to purchase from investment, residential, mixed use and commercial opportunities.

Viewings are still available prior to the auction. If you would like to arrange a viewing please contact the auction team; Helen, Paula or Ronan on 0151 236 6746. For further information you can click on the button below to see a full listing of properties available for this auction.

  

 

 The auction will be held at  LIVERPOOL TOWN HALL, DALE STREET, LIVERPOOL, L2 2SH and will commence at 1pm.



Venmore Says 'Play it SAFE' For Money Protection

SAFEagent Awareness Week runs 14th – 20th May 2012 and is a national campaign to highlight the importance of Client Money Protection Schemes

The appeal comes as official statistics show that home ownership is in decline and more people are turning to the private rented sector for their homes.

All would-be tenants and landlords should look for the SAFEagent logo, an easily identifiable mark to immediately see that their money is protected.  

Dave Blackman, Director of our Property Management Department says: “Many people are not in a position to buy their own homes and some choose to rent and therefore will be renting for many years to come.  It is of the upmost importance to choose a letting agent with whom you know your money is protected.

“As a registered SAFEagent, Venmores are proud to be able to offer this assurance, and also prove our commitment to professional business practices.” 

Venmores has been signed up to SAFEagent since the campaign launched to consumers last year.

Approaching 2000 letting agency offices have now signed up to SAFEagent.  In addition to Government support, key organizations in the industry including Citizens Advice Bureaux, Shelter, Crisis, The Property Ombudsman, National Union of Students, OFT, My Deposits and Trading Standards Institute have all allied themselves to the campaign. 

For more information on the SAFEagent campaign, please CLICK HERE.



Top 5 Properties To Buy - Wirral


'Bay Tree Barn, Frankby Road, Frankby    Offers Over &550,000

  • Superb Detached Barn Conversion
  • Five Bedrooms, Three En-suite
  • Impressive Dining/Reception Hall
  • Spacious Lounge with Fireplace
  • Fitted Dining Kitchen
  • Downstairs Cloakroom/WC
  • Contact our West Kirby Branch to View

 FULL DETAILS AND PHOTOGRAPHS CLICK HERE


Bidston Road, Oxton &469,950
  • Victorian Detachedl family home
  • Five Bedrooms
  • Three Reception Rooms
  • Fitted Kitchen, Conservatory
  • Double Garage, Parking
  • Well Maintained Gardens
  • Contact our Prenton Branch to View
FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE

 

 


Florence Avenue, Heswall &209.000
  • Detached Bungalow
  • Situated within Walking Distance of Heswall Centre
  • Extended with a Contemporary Style throughout
  • En-suite Shower Room & Separate Bathroom
  • Modern & Stylish Kitchen
  • Comprehensive Scheme of Improvements Throughout
  • Contact our Heswall Branch to View
FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE

 

 Ascot Drive, Bebington &299,950

  • Extended Detached House on corner plot
  • Four Bedrooms
  • Three Reception Rooms
  • Three Bathrooms
  • Double Garage, Gardens
  • Contact our Bebington branch to view

FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE  

 

 

Mount Haven Close, Upton  Offers Over &279,950
  • Four Bedroomed Detached House
  • Two Spacious Reception Rooms
  • Large Kitchen, Utility
  • Downstairs WC
  • Double Garage, Gardens
  • Contact our Moreton branch to view

FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE







Top 5 Properties to Buy

6 Walmer Road, Southport     &310,000

  Four Bedroom Detached House

  Longe/Dining Room & Sitting Room

  Floor plan available upon request

  Gardens to the Front & Rear

  Off Street Parking, Garage & Car Port

   For Full Property Details Click Here

 28 Ruddington Road, Southport     &165,000

 Three Bedroom Detached House

          •  Two Reception Rooms plus Study
      •  Master Bedroom with En-Suite
    •  Off Street Parking & Gardens

    •  UPVC Double Glazing Throughout

   For Full Property Details Click Here

 

 Chandlers Croft, Hesketh Bank     &244,950

Four bedrooms

Detached House

Central heating & Double glazing

Off street parking & garage

Quiet Cul-de-sac location

  For Full Property Details Click Here

 

  •  6 Ebor Lodge, 22 York Road, Southport     &125,000

Two Bedroom Apartment

Modern Purpose Built Development

First Floor, with Lift & Stairs to all Floors

Lounge With South Facing Balcony

Well Tended Communal Gardens

  For Full Property Details Click Here 

 

The Haven, 134 Waterloo Road, Southport     &525,000

Beautiful Six Bedroom Detached Property

Much Sought After Location

Three Bedrooms to the Ground Floor

Lounge, Dining Room, Dining Kitchen & Conservatory

Landscaped Gardens to the Rear

 For Full Property Details Click Here 



Top 5 Properties To Buy

 

 

 Greenhill Avenue, L18 &345,000

  • Five bedrooms
  • Semi Detatched
  • Rear Garden
  • Off Road Parking
  • Two/three reception rooms
  • Well presented & maintained

FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE
  


                       
Brodie Avenue, L19, &285,000
  • Four Bedrooms
  • Semi Detached Family Home
  • No chain
  • Three reception rooms
  • Gas central heating
  • Viewing highly reccomended
FOR FULL DETAILS AND PHOTOGRAPHS Click Here

 
West Albert Road, L17, &229,950
  • Three bedrooms
  • Semi Detatched
  • Double Glazed
  • Well presented and maintained
  • Gas central heating
  • Driveway & ardens

FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE
  

 

 

 

 

Mariners Wharf, L3, &110,000

  • Fabulous Marina Views
  • Second Floor apartment
  • One double bedroom
  • Through Lounge/Diner
  • Seperate Kitchen
  • Allocated Parking
FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE 

 

 

 

  Collin Drive, L3, &123,950
  • Three bedrooms
  • Semi-detatched house
  • Attractive gardens and driveway
  • Floor plan available upon request
  • Stamp Duty Exempt
  • Gas central heating

FOR FULL DETAILS AND PHOTOGRAPHS CLICK HERE


 

  

 


 



Housing Market Commentary: Remain positive, if you’re prepared to remain realistic!

Remain positive, if you’re prepared to remain realistic! This is the message that I am continually telling all my potential new vendors as well as our current vendors who are yet to sell. With shades of positive light seeping through from the media and the Government with all their so called professionals latest statistics being ever so slightly more positive, it appears that the confidence is beginning to return to our local area and the country in general. It has been a bit of battle for estate agents over recent months and years with so much negative publicity about the property market on all media avenues, when the reality is, and always has been, that if clients are prepared to live within their means, not overstretch themselves and budget carefully and cautiously, then buying a new property is still very much a possibility and perfectly feasible.

We have certainly seen a more positive start to the year, than we have experienced in the last two or three years, with a better number of properties selling in the first quarter of 2012 than previous years. With a larger number of properties coming to the market, applicant registration and viewing levels increasing, the general activity levels we are experiencing are much improved.

However this must not be misconstrued as a property boom, houses are not selling like ‘hot cakes’ and there are a number of properties that are being marketed at an inflated price, either by vendors reluctant to price realistically or by estate agents with unrealistic and unachievable valuations, with these properties continuing to struggle to attract interest. Ball & Percival remains committed to offering a professional yet honest service, giving people the realistic advice that gives them a great chance of selling.

Coupled with the confidence I believe the public is beginning to realise that no matter how lovely they believe their own property to be, no matter if it is “the biggest in the road” or “has parking for 6 cars”, that if they price themselves out of the market they will struggle.  With this realisation hitting home, we are finding that in particular new vendors to the market are accepting the realistic prices we are recommending, thus resulting in sales being achieved at a speedier rate.

It must be stressed that this does not mean the general public must give away their property in order to sell, far from it. This misconception that if we put a cheap price on, we will achieve a quick sale is not right. We, as a professional estate agent with over 100 years’ experience, find the ideal balance between offering a price that remains competitive and realistic for purchasers whilst also maximising the price the vendor will receive for their home.

Our clients have grown to trust our advice through our honesty and professionalism, and it this trust and by building relationships, not only with vendors but also prospective purchasers, that has enabled Ball & Percival & the whole Venmore Group to ride the negativity around the property market and come out the other side in stronger position than ever before. The company continues to move forward with plans afoot for the future development, we are excited for the remainder of 2012. With the combination of continued hard work, a pro-active approach to selling and a vibrant, enthusiastic and professional approach to selling, we would invite any prospective client who wish to sell, buy or rent to join us now and be part of the success story that is Ball & Percival (The Venmore Group).

 



Venmores nominated in D.L.I.B Awards for 3rd year running!

Much to our delight, we have again been nominated for Property Services of the Year at Downtown Liverpool In Business 2012 awards. Why not support us in winning this award for the second time and register your vote by clicking the 'Vote of confidence' button.

 

 



Local Hot Spot: Heswall

Local Hot Spot:  Heswall is situated on the west of the Peninsula.. It is ideally placed for access to North Wales and the cities of Liverpool and Chester, which are only 30 minutes away by car. Heswall has good bus and rail links. There are two main parts to Heswall - the busy, bustling "top" village with a wide variety of shops and numerous excellent restaurants, and the quieter and quaint lower village, which is protected by a conservation order.  Famous people born in Heswall include Ian Botham and the late DJ John Peel.

Local amenities: There are large expanses of picturesque open land where you can walk and enjoy superb views: Heswall Dales, The Beacons, Whitfield Common, The Puddydale and the Wirral Way which follows the route of the old West Kirby to Hooton railway line.

Wining and Dining: There are many bars and restaurants in Heswall: Gusto, Egos, 107 Dining Room, The Ravenscroft , The Devon Doorway and Sheldrakes to name a few, as well as the more traditional public houses for example The Dee View and The Black Horse.  There are also a number of very popular tea shops.

Heswall is one of the UK's most sought after residential areas.  Being situated on the coast many properties have views of the River Dee and the Welsh Hills.  There are some excellent primary schools in Heswall and secondary schools are located nearby.  To view Heswall properties CLICK HERE

 



Local Hot Spot: The Commercial District

                                                            Local Hot Spot: The Commercial District

Bounded by Leeds Street to the North and the Strand to the West and connected to the retail core by historic Castle Street, the area boasts impressive architecture and iconic contemporary design.

Over the last five years, the areas around Old Hall Street and Castle Street have undergone a dramatic renaissance and millions of pounds of regeneration money has made a huge difference. But this is just the beginning. BID status now means the Commercial District is entering a new phase of exciting development that will dramatically transform the opportunities and environment for everyone working and living in the area.

Home to the likes of Hill Dickinson, Investec Wealth & Investment Ltd and Maersk, the Commercial District is a world class business address where contemporary developments sit alongside historic listed buildings that form part of Liverpool’s UNESCO World Heritage Site.

Local amenities: The Commercial District’s vibrant business community consists of some of the UK’s top wealth management and professional services firms as well as public sector organisations, retail and tourism operators and hundreds of SME’s. 

Wining and Dining: Castle Street’s restaurants and burgeoning café culture provide an array of choices for everyone,including the outstanding San Carlo resteraunt and the one place every city needs; a Starbucks Cafe.

 

Hot Property:  &139,950: 304 Beetham Tower, Old Hall Street

Located in the iconic Beetham Tower, a most attractive third floor apartment, which enjoys views towards the River Mersey. The apartment has many appealing features, which include hardwood flooring, stylish bathroom fittings and a fitted kitchen with electric hob with cooker hood and built-in oven. A secure car parking space is included within the purchase price. A 24 hour Concierge service is also provided within the Reception area. The accommodation comprises entrance hall, Lounge/dining area with access to the kitchen, two bedrooms, en-suite shower room to bedroom two and a seperate principal bathroom.  View full details.



Meet A Member Of The Team

 

PROFILE
  • NAME: Lauren Hayes
  • POSITION: Lettings Consultant

  • LOCATION:  Venmores,  
    Imperial Buildings,
    9 Dale Street,
    Liverpool,
    L2 2SH

QUICK QUESTIONS:

  • Time worked at Venmores? 2 Months 
  • Favourite Liverpool Bar/Restaurant? Liverpool Bar & Grill 
  • Top Tune? Call me maybe by Carly Rae Jepson... it wakes me up of a morning!     
  • Favourite TV Programme? Game of Thrones  
  • Interesting Fact about you?  I have done lots of volunteer work and I am currently volunteering for young peoples service of the Duke Of Edinburgh Award.





Meet a member of the Team

Name? - Russell Hodgson

Time Worked at Ball & Percival? - 9 Months

Favourite Southport Bar/Restaurant? - The Verve in Birkdale Village

Top Tune? - The Port of Amsterdam by David Bowie

Favourite TV Programme? - Spooks

Interesting Fact about you? - I passed my driving test a few days ago, after four attempts!!!!

 

 



Meet A Member Of The Team

 

PROFILE
  • NAME: Sonia Mumford-Roach
  • POSITION: Area Director 
  • LOCATION: Bradshaw Farnham & Lea 
    18 The Cresent, West Kirby, Wirral, CH48 4HN

               

 

QUICK QUESTIONS:

  • Time worked at BFL? Since we first opened our doors 9 years ago! 
  • Favourite Wirral Bar/Restaurant? Wro Bar & Lounge in West Kirby  
  • Top Tune? Lady by Modjo     
  • Favourite TV Programme? The Apprentice
  • Interesting Fact about you? I have danced with John Lennons sister and sang with Paul McCartney's brother. 






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