Way back in July 2017, we filmed a video on a two bedroom terrace house on Fullerton Road, which was in need of much improvement.
Not long after the vlog, it was snapped up by a savvy investor who has been busy transforming the house, adding a single storey extension and loft conversion to create the most beautiful master suite, complete with en-suite shower room.
It has now returned to the market and is already generating quite a buzz!!
We love these transformations and watching peoples visions come to life!
The rental market is about to enter its busiest time of the year. Analysis from Dataloft Rental Market Analytics reveals that, over the last three years, on average 22% of each year’s tenancies have begun during August and September.
We estimate that this equates to just under 200,000 new tenancies which are set to begin over the coming weeks.
The flurry of activity at this time of year is a combination of students seeking accommodation before term starts, new graduates beginning new jobs and families looking to settle into new homes before the next academic year.
At the same time, there is also a surge in existing tenancies coming up for renewal around this time of year which further boosts competition for rental properties, should occupiers seek to move.
Give me a call to discuss your rental properties or any buy-to-let investments on 0161 432 1115.
New to the market with Gascoigne Halman is this two bedroom apartment in ‘Parsonage Court’. Located on the corner of Heaton Moor Road and Parsonage Road, the apartment is well located for Heaton Moor Village and Heaton Chapel Train Station making it a desirable location of tenants.
With a quick re-carpet, the apartment could fetch anywhere between £700-£750 pcm giving a yield of between 4.6% and 5%
If you would like any help or further information about this or any other investment, please feel free to give me a call on 0161 442 1118.
If you’re looking for a new home, or are looking for your first home, then “gazumping” may be a term that you aren’t particularly familiar with. Essentially, gazumping is when you have had an offer accepted by a seller, and are in the midst of the buying process, when another buyer comes along and offers a higher price, effectively stealing (or gazumping) the sale.
Over the period between January 2016 and October 2018, analysis by TwentyCi found that 16% of buyers were gazumped. In the current property market, where demand for properties is high, gazumping continues to be prevalent, and the research found that Sheffield is the area with the highest level – with 35% of buyers out-bid at the last moment.
With more people living longer and ageing with much better health than ever before, those aged 55 and over are playing a key part in the national economy. Recent research from SunLife has surveyed this age group and found that nearly half would sell up in order to fund a more jet-set lifestyle.
Recent data from the Office of National Statistics has shown that the proportion of those aged 65 and over will rise by 5% over the next thirty years, with greater economic contributions coming from this group as the years progress. For those currently 55 and over, SunLife questioned 1,000 homeowners with a big choice; if they had the option between staying in their family home but never holidaying away from the UK again, or downsizing and then using the cash for foreign holidays which would they choose?
I wanted to talk you through just a few of the reasons why you should invest in The Heatons. I have completed a four part series, for the first week, I wanted to discuss the wonderful Heaton Moor and why this is such a great area for Landlords to invest in.
Give me a call or pop into our branch on Moorside Road to discuss any Buy to Let opportunities in the area. You can call me on 0161 442 1118 or I look forward to seeing you soon!