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

Month: August 2017

Potential Development Opportunity – South Reddish

Hass explains the potential of this rare development opportunity in South Reddish. Call him directly on 0161 443 4020 to register your interest.

Hass explains the potential of this rare development opportunity in South Reddish. Call him directly on 01614434020 to register your interest.

Posted by Julian Wadden Estate and Lettings Agents on Monday, August 21, 2017

 

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A property focused on capital growth rather than yield

This 3 bed property has recently come available and has the potential to be a very good buy to let investment.

The property does have a couple of drawbacks in the sense that there is no off road parking and the yield isn’t going to break any records but the décor looks to be a good standard and shouldn’t need any work.

With this property none of the drawbacks outweigh the benefits, for example the house is located on Greg Street in South Reddish which is an extremely popular area, the price is £150,000 which is fair for 3 bedrooms. The property would easily see a rental income of £700 per calendar month giving more than a 5% yield.

The property is on the market with Edward Mellor and can be found on Rightmove using the below link.

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arc drawing socials

Arc Drawing Socials are hosting their next monthly social on 21st September.

It’s playful take on drawing. Fun, sociable, and creative evenings. Any and all abilities welcome!

Join them for a relaxed approach to the world of drawing in a creative environment. Discover a range of drawing techniques, complimentary refreshments provided, friendly people, and advice from artists. Spend an evening in their art studio, with resources and materials, discovering how much fun drawing can be!

Lots of games and exercises to help you experience a relaxed approach to drawing.

Book online via www.Arc-Centre.org/Book-a-Workshop or pay on the night.

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bank holiday fun at reddish vale farm

Why not visit Reddish Vale Farm for the annual yearly family fun day?

Activities include pony rides. face painting, arts and crafts, bouncy castles and the new ‘the tractor train ride ‘.

The opening times are as follows;

The tractor ride will be on from 11.30-12.30 and 2.30-3.30.
Pony rides will be taking place 12.30-2.30.
Admission Prices
Adult- £4
OAP- £3.50
Children-£3
Under 2-s- FREE

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Industry of occupation

The profile of jobs is an important yardstick for the makeup of people in a housing market. In this analysis we’ve used data from the Office for National Statistics on the number of people in the local area who work in each industry. The categories are a bit vague but if you look at the longest bars, you can see a pretty good profile of our area.

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Monthly prices by property type

The data for our area over the last five months reveals interesting fluctuations across property types. The last 3 months are coloured with stripes. This is because the data is still coming in so we’ve estimated what we think they will be when all the data is available.

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Are Student Lets a Good Investment?

Although letting to students used to be considered the bottom of the buy to let market, it’s a very different proposition today. That’s because three key shifts have taken place in the market over the last decade: increased health and safety legislation for all rented properties, the expectation of a better standard of living from this generation of students and the growth of institutional investment.  

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A quarterly index of sales levels

This chart shows how sales levels in the local area sit now compared with two years ago. The analysis indexes types of property so they start at the same point (100) so you can easily see how they’ve moved in relation to each other. The chart shows the quarter-on-quarter fluctuations typical of local analysis, it also shows how the market has been affected by seasonal change.

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Another 7.5% yield in Denton

As anyone keeping an eye on the property market will know house prices are climbing at a rapid rate which is making life more difficult for buy to let investors, not to mention the dreaded tax changes! Thankfully there are still a few good deals around and here is another one.

This house would make a fantastic first time investment for anyone considering getting in to the property market and would also be a good addition to any landlord’s portfolio. The property looks in good condition and is in a good  central location. These sort of houses are the bread and butter in Denton and always rent well. With a rental income of around £575 per calendar month you would get a yield of over 7.5% based on a purchase price of £89,950. The property is on the market with Your Move, click on the below link for more information.

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