THE HEATONS PROPERTY BLOG
LATEST NEWS
JULIAN WADDEN INVESTMENT PROPERTY OF THE WEEK
We currently have a fantastic buy to let opportunity within the 'Heaton Moor' area which is currently marketed at £142,500. Click here to view the property https://www.rightmove.co.uk/properties/76865982#/ The property would be great for a new investor or somebody who wishes to add to their current portfolio. The benefit's of the [...]
INVESTMENT PROPERTY OF THE WEEK
There is a two bedroom apartment on the market for sale on Tarvin Avenue, Heaton Chapel , SK4. The property is on the market with Philip James Estate Agents & has a guide price of £135,000. The link to Rightmove is here https://www.rightmove.co.uk/properties/76814700#/ so you can take a look at [...]
HOW WILL THE BREXIT DEAL AFFECT HEATONS HOUSE PRICES & YOUR MORTGAGE PAYMENTS?
Christmas Eve brought the news that Boris Johnson had conclusively agreed on a Brexit deal for the UK with the European Union. This gave optimism that the economic turmoil of leaving the EU would be radically reduced, yet what will this ‘trade deal’ do to the value of your Heatons home [...]
CHECK OUT THIS FOXY INVESTMENT!
Click here to view this property recently marketed by Gascoigne Halman on Foxhill Court, Heaton Mersey. The property is immaculately presented, perfect for investors who want to get a tenant in straight away with a minimal void period. Features about this property are:- Ideal Location, close to the M60 motorway Immaculately [...]
MEET LAUREN!!!
I know we are biased but we think The Heatons has just got a little bit more special with the arrival of Lauren Battersby. Lauren joins us a Trainee Lettings Negotiator at our busy Heaton Moor Office. Having previously worked at our Stockport Exchange office, Lauren has now joined the [...]
A PROPERTY YOU WILL LOVE, ON LOVE LANE HEATON NORRIS!!
I wanted to share with you a property that has recently graced the market in The Heatons, which has caught my eye as a potential great buy to let. You could even go as far as to say; I've fallen in love with it! pun intended. The property is positioned [...]
NO DEAL BREXIT – THE PREDICTION FOR THE HEATONS HOUSE PRICES
Roll the clock back to April 2020, and major financial economists and property market commenters were sounding the alarm. The very best-case scenario was a 5% drop in property values by the end of the year, and most were in the 10% to 15% range. They forewarned the Covid-19 stimulated [...]
HEATONS LANDLORDS AND SECOND HOMEOWNERS WILL PROBABLY SAVE MONEY FROM THE PROPOSED NEW CAPITAL GAINS TAX CHANGES
If the proposals were adopted in full, some Heatons landlords would pay £11,000 less Capital Gains Tax than they would currently The government borrowed £394bn this financial year (April ‘20 to April ’21). This figure does not include the cost of the November lockdown and support measures, which means the [...]
BUY TO LET INVESTMENT
Today I have been to a great buy to let property on Sunnybank Avenue in Heaton Mersey. The property is currently on the market with Phillip James Kennedy with a guide price of £120,000. I would expect this to rent out at £600pcm with a yield of 6% which is [...]
AS THE HEATONS FIRST-TIME BUYERS ARE BEING LOCKED OUT OF THE HEATONS PROPERTY MARKET – RENTS HAVE RISEN BY 4.9%
With the banks reducing the number of low deposit mortgages (i.e. deposit of 10% and below) since Covid-19 hit in the spring, this has meant that the number of The Heatons first-time buyers has been decreasing quickly, meaning many of those would-be The Heatons buyers wanting to make the first step on [...]
THE HEATONS ‘GENERATION RENT’ TO BECOME ‘GENERATION BUY’?
Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss the implications of what that [...]
WHY ARE SOME BANKS REINING IN OVER-ENTHUSIASTIC HEATONS HOMEBUYERS AND BUY-TO-LET INVESTORS?
The Heatons property market is an enigma and chock-full of contradictions. Notwithstanding an economic recession and forecasts of property values dropping, nobody seems to have informed the Heatons homeowners selling their homes and those Heatons people looking to buy them. As I have discussed in many recent articles on the [...]
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ABOUT THE BLOG
JULIAN BETHELL – CO-AUTHOR
I’ve worked in the local property market for over a decade and I’m a director of Julian Wadden. I am really passionate about The Heatons, so if you have any property related questions, whether it be buying, selling, investment property advice or just curious about what’s happening this very moment in the Four Heatons property market, then just pop into my office, alternatively call or e-mail me. I look forward to hearing from you and having a chat.
JORDANA MCVARNOCK – CO-AUTHOR
I am fascinated by how vibrant our local lettings market is in The Heatons. If you have any questions about letting, current rental returns and yields, tax or legal changes for landlords or anything else BTL related I would love to have a chat. So please pop into the office, call or e-mail: