THE HEATONS PROPERTY BLOG
LATEST NEWS
BTL DEAL WITH TENANTS IN SITU
Philip James Kennedy are selling a two bedroom mid terrace property in Heaton Norris, Stockport, SK4. This particular property is being sold with tenants in situ offering a rental return as soon as completion takes place, meaning no initial void periods & no advertising costs! The property itself seems to [...]
HEATONS PEOPLE’S ADDICTION TO THEIR SPARE BEDROOMS?
The Housing Minister, Chris Pincher, has suggested older homeowners are “rattling around” in their homes as they are too big for them. He implied they are selfish and should sell up and move to a retirement home when he spoke to a committee in the House of Lords. He stated [...]
HEATON MOOR INVESTMENT OPPORTUNITY
Strike are currently marketing a one bedroom, ground floor flat in Egerton House on Leegate Road. Priced at offers in excess of £155,000 and having been refurbished throughout this would make an excellent investment in the SK4 area. Click here to take a look at the property advert. I would [...]
HEATONS HOUSE PRICES – THE EFFECT OF RISING INFLATION
House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Heatons homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost [...]
THIS IS WHY THE HEATONS PROPERTY MARKET HASN’T RUN OUT OF STEAM
In recent articles on the Heatons property market, I have been talking a lot about house prices over the last 12 months and 5 years in the Heatons. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house [...]
HEATON MOOR INVESTMENT OPPORTUNITY – NO CHAIN!
Our sales team are currently marketing a two bedroom, terraced property on Heaton Road in Heaton Moor. This is an ex-rental property of ours and was achieving £1300 pcm. Currently priced on the sales market at £315,000 this would return around a 5% yield. Click here to take a look [...]
INVESTMENT OPPORTUNITY – LLOYD STREET, HEATON NORRIS
Our sales team have marketed a three bedroom, end-terraced property on Lloyd Street in Heaton Norris. Priced at £225,000 the property is in excellent condition and would not need any works at all, it is tenant ready. The finish on the property is by far one of the best in [...]
HEATONS HOMEOWNERS TO FACE POST-LOCKDOWN MORTGAGE RATE RISE OF £831 A YEAR
With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Heatons homeowners and Heatons landlords. [...]
Off Market Investment Opportunity
I have a one bedroom flat coming to the sales market. This will be coming to market with a guide price of £140,000-£145,000. This is a ground floor flat and a property we have rented out for a number of years with a return of £675 per month. It would [...]
Investment Opportunity in Heaton Norris
Peter Anthony have brought to market a two bedroom property on Burton Street in Heaton Norris. The property would make an excellent investment in the area with prices rising and a strong rental demand. Click here to see the property advert. The property is priced at £170,000 and is in [...]
Flip or Rent Investment Opportunity
Our sales team have brought to market a three bedroom End-Terrace property on Manchester Road in Heaton Chapel. Priced at £250,000 and available to cash buyers only. Click here to see the property advert. The house is in need of extensive works throughout including structural works, however for the right [...]
CAN THE HEATONS HOUSE PRICES REALLY KEEP GOING UP?
The stamp duty tax holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown The Heatons property boom? Surely, we are heading for house price correction? Forecasting what will happen in 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: