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

Author: Hassan Mahmood

events at reddish library day

 

Reddish Library have some great events on this month. They are hosting a coffee morning giving you the chance to have a catch up with friends, meet new people and share interests in books, or even enjoy some time to yourself with a book away from everything – some real you time. After all, life can get pretty hectic during moving home.

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disco night fundraiser

There’s still time to get your ticket for the Disco Night Fundraiser for your local Denton West End Community Library. The fundraiser takes place on Friday 6th October at 7:30pm. The venue for this fantastic event is the Denton Golf Club, with Live Music from the Blank Cheques. Tickets are £15 and this includes entry plus a tasty hog roast barm, it’s a great opportunity to enjoy yourself and raise money for a great cause.

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photography walk reddish vale

Autumn is very much on its way so why not make the most of the beautiful surrounding area of Reddish Vale on a Photography walk with Arc? Enjoy the fresh air on a walk led by artist Tamzin Forster and find letters which spell a word of your choice, perhaps decorate your living room with your family name and make it completely unique and personal to you. The activity will inspire you see your surroundings in completely different way! After the walk, there is a chance to catch up and share images which were captured.

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Lifecycles in our area

Lifecycle profile is a useful indicator of the complexion of residents in a locality. Some areas, like inner cities and built-up areas, have lots of young single people who live in flat shares or alone. Most of the suburban parts of the country are filled up with families. Some parts have a large elderly population, particularly around the coast.

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Annualised breakdown of sales by type

We’ve used a donut chart (excuse the American spelling) to illustrate the mix of properties that have sold in the last 12 months. Given the profile of the housing stock in the area, there’s nothing too surprising here, but it’s interesting to see how the different types of properties are represented in the local market.

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great investment property with bags of potential

 

Saw this one the other day. Currently on the market with Edward Mellor for £87,950, this empty property is ideal for the first time landlord. It is close to Gorton & Reddish, making it very popular for commuters into the city centre. This would rent out for approx £550 PCM based on the assumption the property is in a good condition.

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Prices by type in the last few years

The average unweighted sold prices of houses and flats have generally seen a steady incline over the last eight years. It’ll come as no massive surprise the houses are typically more expensive than flats but, the movements over time are nonetheless telling.

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How commuting patterns are helping the local property market

How often we commute to the office and how long it takes each day has major implications on where we all choose to live. While the ever-increasing use of technology has made it easier to work from home, most people living in Britain still take part in the ‘daily grind’, with a staggering three-million commuters now spending more than two hours to get to work.

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2 Bed Terraced House with a yield of 6.5%

When this property came available I immediately thought “buy to let” and decided it was worth letting you know about its potential.

As prices continue to increase in the area it’s getting increasingly more difficult to find good buy to let properties for around 100k. This house looks ready to let should achieve £575 per calendar month. The house is located in Gorton close to the Reddish boarder. For anyone considering getting in to the buy to let market this would be a good choice. We have let similar 2 bed properties in this area in the past with rental incomes of £550-£625 per calendar month. At £575 per calendar month you would see a yield of over 6.5%. The property is on the market with Your Move, click on the below link for more information.

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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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