Property Market News2020-10-21T10:56:55+01:00

Property Market News

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 [...]

By |October 5th, 2021|

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 [...]

By |October 1st, 2021|

Investment Opportunity – Cranbourne Road

Our sales team have brought to market an excellent two bedroom apartment on Cranbourne Road in Heaton Moor, priced at £225,000. The property is finished to an exceptionally high standard throughout and would make a perfect rental property in the area with no refurbishment works needed. Click here to see [...]

By |September 15th, 2021|

Development opportunity fetching £35k+ rent per annum! Greenbank Terrace

We have been instructed to sell a block on 6 flats on Greenbank Terrace in Heaton Norris. The development comprises of 2 x Studio flats on the top floor and 4 x Two Bedroom flats. All of which are currently tenanted and fetching a combined annual rental return of £35,940. [...]

By |September 8th, 2021|

Heatons Homeowners Have Turned to the Rental Market to Cash in by £10,800 Each

Should you sell or should you buy in this most interesting Heatons property market? I have calculated that at least 41 Heatons (SK4) house sellers have rented a home to break their house chain in the last 12 months, although at a cost as they face paying many thousands of [...]

By |September 8th, 2021|

Investment Opportunity with Capital Appreciation

Our sales team have recently listed a 3 bedroom, semi-detached home on Manchester Road in Heaton Norris. Priced at £270,000, the property is in need of some works to modernise the property and bring up to a suitable standard for the rental market. However with off road parking and a [...]

By |August 18th, 2021|

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ABOUT THE BLOG

This blog follows the property and buy to let market in The Heatons. You’ll find insight, commentary and analysis that relates specifically to the Four Heatons of Heaton Moor, Heaton Norris, Heaton Chapel and Heaton Mersey, along with the latest investment deals from all agents in the area.

JULIAN BETHELL – CO-AUTHOR

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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.

0161 432 1115

jbethell@julianwadden.co.uk

JORDANA MCVARNOCK – CO-AUTHOR

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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:

0161 442 1118

jordanamcvarnock@julianwadden.co.uk

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