Property Market News
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 [...]
When was your last rent review?
When was the last time you heard from your current agent with a review on the rental prices for your property? With rental prices increasing in the area, now is the time to ensure your property is achieving rent in line with current market values. I am seeing more and [...]
Excellent Investment Opportunity in SK4
Gascoigne Halman have brought to market a two bedroom, ground floor apartment on Tarvin Avenue in Heaton Chapel. Priced at £150,000 this would make an ideal investment opportunity for a first time landlord or if you are looking to add to your property portfolio. Click here to take a look [...]
Heaton Gardens – Upcoming Investment Opportunity
Our sales team are due to bring to market a large and modern, one bedroom mezzanine style apartment in Heaton Gardens. Boasting 917 sq feet of space and located on the top floor, this property is one of a kind and would make a great rental property. The property will [...]
Wages Rising by 8.3% pa – How Will This Affect the Heatons Property Market?
As they struggle to meet demand, Argos have had to increase the wages of their HGV drivers from £11.41 an hour to £15 an hour - a rise of 31.2% meaning their pay goes from £27k to £35k. Care home providers are offering signing-on bonuses of many thousands of pounds [...]
Why Are More Heatons OAP Homeowners Deciding Not to Move Home?
A recent report by Legal & General stated that, since the pandemic, many older homeowners had put their plans to move home 'on ice'. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their [...]
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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.
LIAM FOSTER – 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: