reddish and tameside property blog

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

development opportunity in central reddish location

Spencer Harvey estate agents have for sale on Wordsworth Road in Reddish a two bedroom, semi detached property on the market for £129,950. This property would make a fantastic development opportunity providing an option to either let or sell once completed. Inferred from the pictures available on rightmove the works required all seem to be cosmetic so shouldn’t amount to too much financially. I would expect the property to be worth a re sale value of £150,000 once finished and i would expect the property to let for around £650pcm, the yield achieved would be dependant on the amount of money spent on the refurbishment.

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Has flexible working changed the Reddish property market?

Defining the modern working week in 2018 isn’t a straightforward process. As we embrace technology, the lines between daily commutes to work and working from remote locations become less transparent. From a property perspective, this means people with flexible working patterns can be more selective about the location of their next home. But what does this mean for Reddish?

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ideal buy to let in move in condition!

Situated on the very popular road Thornley Lane North, Purple Bricks have for sale this two bedroom terrace house. The property is on the market with a guide price of £125,000, from the photos i wouldn’t expect the property to require any works being done before it could be put on the rental market, however you may wish to neutralise the decor to appeal to a wider market. I would imagine a property like this would get snapped up fairly quickly for a price between £675pcm and £700pcm in turn providing a yield of between 6.48% – 6.72%. 

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ideal buy to let in popular mill

On the market for £80,000 is a perfect investment opportunity for somebody searching for a low maintenance investment. Located in the modernised ‘Victoria Mill’ this one bedroom apartment requires very little work before coming to the market. Victoria Mill is a very popular development and you could expect to let the apartment swiftly for between £495pcm and £525pcm, after the service charge & ground rent has been paid you would receive a yield of between 7.05% and 6.6%.

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exciting development opportunity in reddish

Marketed by Edward Mellor for a guide price of £95,000 is this three bed semi on Fovant Crescent, the property is to be sold at auction on the 13th March 2018. Given the price & lack of internal photo’s i would imagine the property is need of some renovation works. The property is situated on a really popular road within Reddish and comes with a large rear garden. Once renovated properties similar to this one let between £675pcm – £725pcm depending on the final finish. I suspect this property will receive interest from both investors & people searching for a family home. 

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enjoy local

I am thrilled to launch the ‘Enjoy Local’ incentive in Reddish. Various businesses have already signed up to the project and there are still more to come so like our Facebook page and follower us on Twitter and our website for regular updates.

How to claim your discount card?

If you have been a client of ours within the last 6 months (whether you have bought, sold, rented or let a property through us) then that makes you entitled to claim your free discount card which entitles you to offers from local businesses. If you are a current client of ours you are also eligible to claim a key from our Reddish branch – just pop in to pick one up.

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family ceramics workshop

A hands on and creative session to create and decorate your very own clay animal sculpture.

Arc will guide you through creating your pottery pet which you will decorate with coloured slip (liquid clay) and then carefully dry, fire and glaze your creations ready to be collected after approximately 4 weeks.

Limited early bird offers available on selected workshops.

Please call 0161 480 7731 or email for further information

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denton west end community library

Are you wondering what to do today to keep the children entertained? Why not pop along to your community library? Kids crafts and see what books you can discover

Open Wed, Thurs and Fri 1-4 and Saturday 10-1

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Property remains the most popular investment choice

With savers continuing to receive poor returns from banks and building societies, thousands of people unsurprisingly continue to turn to residential property as a means of supplementing their income, supported by record-low mortgage borrowing rates, solid demand from tenants and stable yields, as buy-to-let consolidates itself as the investment of choice.

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Landlord gas safety regulations 2018

It gives me pleasure to share some good news for landlords with respect to proposed changes to landlord gas safety regulations and responsibilities.

Current landlord gas safety responsibilities

If the property is supplied with gas, a landlord has the responsibility to ensure the gas appliances are safe and checked by a qualified GasSafe registered engineer.

The gas engineer is to issue a gas safety certificate confirming the appliances have been tested and are safe to use. A copy of said certificate is to be given to the tenant.

The landlord thereafter has the responsibility to have an annual gas safety check with a new certificate issued after each annual visit.

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