Property Market News
CAN THE HEATONS HOUSE PRICES REALLY KEEP GOING UP?
Heatons house prices rose by 0.7% last month, according to the Land Registry. This means the annual rate of house price growth in Heatons has now increased to 11.5%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, [...]
INVESTMENT OPPORTUNITY – HERITAGE GARDENS
Phillip James have brought to market a top floor, two bedroom apartment available to purchase in Heritage Gardens. Set just off Heaton Moor Road, the development boasts plenty of character, landscaped communal gardens, close proximity to amenities and off road parking! This would make an excellent investment opportunity with rents [...]
OPEN HOUSE ON CROSSGATE MEWS
We have conducted an open house on a two bedroom mews property, located on Crossgate Mews in Heaton Mersey. The property received 20 offers following on from the open house, showing the strong rental demand in the area. Currently we are seeing a lack of houses for tenants to rent [...]
2 x BTL Opportunities!
Bridgfords have brought to market two properties in the Heaton Norris area that will make excellent investment opportunities. They are both two bedroom mid-terrace homes, minimal works required, able to achieve £750 on the rental market comfortably. Please see below further information on the properties. Cromwell Street, Heaton Norris - [...]
INVESTMENT PICK OF THE WEEK
Gascoigne Halman have just brought to market a two bedroom, end-terrace property on Church Street in Heaton Norris. The asking price is £140,000 and there is plenty to justify this as a great investment opportunity in the area. We would expect to achieve at least £750 rent pcm on this [...]
HMO OPPORTUNITY WITH A SELF CONTAINED FLAT IN THE BASEMENT!
We are currently marketing a large property on Wellington Road North for £430,000. There is a self contained one bedroom flat in the basement with its own private entrance which is currently already being rented out. The house itself boasts two large reception rooms, separate kitchen, sun room, three large [...]
INVESTMENT PROPERTY – KINGSLEIGH ROAD
Peter Anthony have recently brought to market a studio apartment on Kingsleigh Road, click here to see the property advert. The property would be in need of some modernisation in order to bring it up to standard for the rental market. However once completed you would be looking at a [...]
THE HEATONS PROPERTY MARKET: 2011-2021
With all of us completing the Census, a couple of weeks ago, it made me realise profoundly that mine and my family’s life, which from our own point of view seems unique and delightful, makes us all into a series of statistics for the Census gatherers to pore over. To [...]
LIFELINE FOR THE HEATONS HOUSE BUYERS & FIRST-TIME BUYERS
The Chancellor of the Exchequer, Rishi Sunak, has stated the Stamp Duty Holiday forHeatons properties up to £500,000 will be extended from 31st March 2021 to the 30th June 2021; and to ensure we don’t have a cliff edge, from 1st July 2021, the Stamp Duty Holiday will apply only on properties [...]
THE BUSIEST DECEMBER FOR THE HEATONS HOUSING MARKET SINCE 2006
Over the last six months, The Heatons Property Market has been flourishing. As soon as an estate agents “For Sale” flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking price to their own home (go on ... admit you do that [...]
THE HEATONS PROPERTY MARKET: IS IT TIME TO STAMP OUT STAMP DUTY?
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak, (quickly followed suit by the Welsh and Scottish Governments) announced last July that Stamp Duty was partially being suspended on all English [...]
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 [...]
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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: