(covering reddish, dane bank, denton, debdale and gorton)

Month: March 2017

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Somerford Road, Reddish with an unbelievable yield of over 9%!!!

This property came to the market recently and although in need of some updating should still make a sound investment.

The property’s condition is such that any potential buyer could be faced with spending around £10,000 to £15,000 to bring the house up to standard but once fully refurbished the property should rent for around £650 per calendar month which is still an outstanding yield for the area at 7.8% based on a total outlay of £100,000. Not to mention that with the current sales market the property could be worth anything from £125,000 to £135,000 once refurbished. The property is on the market with Phillip James and can be found using the below link. Be quick it wont be about for long!

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easter egg hunt

Easter is here and the Easter Bunny has been busy planting eggs across Reddish Vale Farm.

If you’re looking at keeping your kids sweet over the holidays then why not take a trip to the farm. On 14th, 15th, 16th, and 17th April the Animal Farm will be holiday an Easter letter hunt continuously throughout the day 11am – 4pm.

On Friday 14th and Monday 17th April the Farm will also be holding arts and crafts and Pony rides.

A fun for all day!

For more details click here

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dogs trust tour

Ever wondered what happens behind the scenes at Dogs Trust Manchester? Then why not go and have a look around on one of their Behind The Scenes Tours?!

On 12th April you can go down to the dogs trust. The tour includes a short talk from their vet nurse and behaviourist.

The dogs trust are also offering a Scruffy to Fluffy service on Saturday 15th April between 10am – 4pm. For a small donation you can take your pooch to be washed and towel dried by one of the trusts canine carers. No appointment is needed but it’s recommended you get down early to avoid disappointment.

If you’d be interested in the tour, you can book in advance on 0161 337 3600.

Parkway
Denton
Manchester
M34 3SG

Click here for more details

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family fun day

Reddish family fun day welcomes everyone to Broadstone Mill on Saturday 15th April.
The day is going to have something for everyone and is set to be a spectacular event. There’ll be a bustling atmosphere with stalls from local businesses, a live performance from Mystic Rose band, Jason Baird’s Black Belt Academy will be showcasing students martial arts skills along with Signature Dance Academy, there will also be a fun fair and petting zoo. That’s not all, Elfmill Carriages will be offering rides around the mill, through Reddish and back to the fun day!
This isn’t an event to be missed and I’ll certainly be attending so I hope to see some of your faces there.

Click here for more information

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what is the property tenure composition in sk5?

One of the real tests to see if an area is suited to your tastes is to look at the composition of the household tenure types. In Reddish, the mix of different household tenure types is as follows:

Owned outright 23.2%
Owned with a mortgage 33.8%
Shared ownership 1.1%
Social rented 28.8%
Private rented 13.1%

(Dated April 2017)

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household size mix in sk5

From individuals to large families, the spread of household size can indicate the likely availability of appropriately sized properties. The most common size of household in Reddish is one occupant, and makes up 35.9% of the total households in the area.

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promising sales levels

Increasing clarity in the UK’s economic future has increased confidence in the property market. A look at sales levels in Reddish over the last 15 months seems to indicate this too. Since December 2015 sales levels for flats are up 167 points and houses are up 60 points since October 2016.

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total housing market value in sk5

The total housing market value is a combination of the number of transactions and the average property price in a given quarter. It can give a real idea of the buoyancy of the market in Reddish. The first quarter of 2016 was the largest quarter (32.6%), closely followed by the final quarter of 2015 (25.5%).

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how best to increase the value of your home

When it comes to selling your home, the goal is to achieve more than the initial price you paid when you bought it. A significant amount of your home’s resale value will be affected by the appreciation of house prices in SK5, where average sales values have risen by 9.4% over the last 10 years. However, if you want to achieve the maximum sale price for your property, there are several home improvements you can make that will add to the overall value.

Creating an extra bedroom, especially with a loft conversion, offers the best return for your money. Although initial costs are not inconsiderable, a double bedroom could add 11 per cent to the value of your home, a gain of £13,600 on average SK5 properties. Budget carefully according to your house size and current market value, and you could be onto a winner.

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