March 19, 2019
- One in twelve landlords is unaware of a suite of legislative changes that occurred across the lettings industry in recent years, according to the findings of the English Private Landlord Survey 2018 published in January.
March 19, 2019
March 12, 2019
Brought to the market yesterday was this fantastic one bedroom apartment on Laurel Road, Heaton Moor.
Offered for sale with Gascoigne Halman for £120,000 the apartment clearly needs improvement to include a new kitchen and bathroom however, due to the size of the apartment, this is likely to be relatively in-expensive.
Once refurbished, the apartment would likely achieve £595pcm. It lends itself to many different types of tenants from a single professional/couple moving for the first time, through to someone looking to downsize. Either way, its a very appealing property to a tenant.
Stamp duty at £120,000 would be approx £3,600 and the service charge is circa £80 per month.
If you would like any help or advice on this, or any other investment opportunity you have seen, please do get in touch.
0161 442 1118
February 27, 2019
Going under the hammer on the 13th March is this two bedroom mid-terrace in Heaton Norris.
With resale value of circa £130,000 and a potential rental price of £700pcm this is certainly one to cast your eye over!
February 25, 2019
If you are looking for a house to buy, do up and sell, then you need to get yourself around this three bedroom semi on Waverton Avenue – and quickly!!
New to the market with Gascoigne Halman, this house is a steal for £200,000. Clearly needing an element of cosmetic improvement, these houses also provide amazing scope to extend and create the much desired rear kitchen/living area with bi-fold doors. Perfect for sunny days like today.
Properties done to a high standard and with the extension mentioned, can fetch well over the £315,000 mark so there is some good money to be made!
If you would like any help or advice, please feel free to give me a call on 0161 442 1118 or email me at email@example.com
February 13, 2019
New to the market is this impressive yielding studio apartment, just off the A6 in Heaton Norris.
Please check out my video for a tour of the property and more information:
February 6, 2019
As the first month of 2019 draws to a close and with the property market a topic of much discussion across the media at the moment, I wanted to take this opportunity to review the first month of the year within our beloved SK4.
If media is to be believed, the property market is all doom and gloom with a very bleak outlook predicted. However, the reality over the last month has been somewhat different according to the latest Rightmove statistics.
In January 2018, 79 properties were brought to the rental market across SK4 of which 44 were ‘Let Agreed’. Leaving 45% of the market left wanting.
If we compare this to January 2019, far fewer properties were brought to the market – 69 in total. However of these, 52 were ‘Let Agreed’. A staggering 75% snapped up!
With many landlords quitting the buy-to-let market last year, supply has been reduced in the area at a time when demand is on the up. With Brexit looming and first time buyers potentially biding their time before they make a purchase, the demand for good quality rental stock is as high as ever.
This, in turn, is raising the rental prices in the area making it a great market for landlords and investors. Although property prices are not cheap, there are still bargains to be had and I list many of them on the ‘Investment Deals’ section of this blog. Solid yields are important but so is having continuity and a good quality tenant – something the Heatons thrives on with it being such a family orientated area.
The government is being tough on landlords and investors however the market is pushing back and the Heatons is certainly and area where rentals are flourishing.
If you have a rental property/portfolio, or are thinking about joining the army of landlords successfully renting in SK4, please do give me a call for any help or advice.
January 30, 2019
An opportunity has arisen to buy a very unusual semi-detached bungalow located on Mauldeth Road in Heaton Mersey.
January 23, 2019
I am so excited to bring this property to my following of landlords looking to invest in The Heatons!
If you would like any help or advice, please do give me a call on 0161 442 1118, email me at firstname.lastname@example.org or visit me at the office
January 18, 2019
As we well know, finding bargains in The Heatons is rare indeed so I was pleased to stumble across this studio apartment in Heaton Mersey with a very attractive price tag of £79,950, having just been reduced. https://www.rightmove.co.uk/property-for-sale/property-75370061.html
January 3, 2019
What better way to start 2019 than with a brand new rental property to start/add to your portfolio! This one bedroom apartment on Cedar Grove really is a great BTL.
Hitting the market yesterday for £150,000 the apartment lies on the first floor of this well maintained block down a quiet residential street.
There are many reasons why this apartment would be appealing to tenants;
A very similar apartment in the block rented via Julian Wadden for £650.00pcm in the autumn and this apartment is likely to achieve the same figure – giving a yield of 5.2%.
Not only is it a good yield, but apartment blocks like this are well maintained by the management company, meaning less maintenance for you the owner and they attract tenants all year round meaning less void periods.
A great BTL for both the experienced landlords and those looking for their first.
If you need any help or advice, please do come in and see me or give me a call on 0161 442 1118. I’m here to help.