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

Month: April 2017

why do i need an inventory? it’s just walls and carpets, there is no furniture in the property.

An inventory is a list of all items in the property, the walls, flooring, fixtures & fittings are just as important as any furniture as these can still be damaged by the tenant. Once a tenancy has come to an end we conduct an inspection based on the original inventory to establish whether the tenant has caused any damage above fair wear and tear in order to recover any costs to rectify the issues from their deposit.

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how many second home owners are there in sk5?

The number of second homes registered in a local area can really give you a feel of if the area is right for you. In SK5, the mix is as follows:

No 2nd address 97.8%
2nd address within the UK 1.9%
2nd address outside the UK 0.3%
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occupancy levels in sk5

Want to know how in demand properties in a given area are? Occupancy is a useful indicator for demand, as well as illustrating how spacious or cosy properties are in the local area. In SK5, 37.2 per cent of properties have two or more extra rooms and 30.4 per cent have one extra room.

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arc art exhibition 

Young People’s Arc is a dynamic initiative reaching out to the most vulnerable young people, delivered in partnership with statutory and community agencies.

Each year YPA offers over 100 young people aged 5 to 25 the chance to take a break from their everyday lives, be creative, have fun and meet others who share their experience.  It is funded by BBC Children in Need and SMBC.

Between 29th April – 16th June, Arc is opening its doors to exhibit ex volunteer  Ewa Konior – Presence oil paintings. Considered an emerging artist whose talents are now being recognised nationally with a number of upcoming exhibitions. This event is sure to appeal to art fanatics. You can check out other upcoming events on the link provided, including exhibits created by the young people who have taken part in the YPA programme during the last year. You’ll have to be quick as the YPA exhibition finishes tomorrow!

For more details see here.

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helping hearts annual fundraiser 

A night not to be missed!

Serving the men, women & youth of Manchesters homeless community. Helping hearts foundation help provide basic needs such as food and clothing to aid those less fortunate to permanently get off the streets.

On Saturday 6th May the Helping Hearts Foundation take over Houldsworth working mens club with a night of entertainment including: live singers, comedians, DJ, hot food and a raffle with prizes including 1 weeks stay in an apartment in Marbella, hot tub for the weekend, makeover vouchers, hampers and lots more…

Tickets are £10 and doors open at 7pm.
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animal magic fun day

Why not visit Reddish Vale Farm for their annual fun day?

On Monday 1st May the Farm will be open 11am-4pm. Animal Magic will be attending with a range of their exotic animals and be holding talks throughout the day. There will also be facepainting, arts and crafts, pony rides, bouncy castles and a new attraction ‘the tractor train ride’. The tractor ride will be on from 11.30-12.30 & 2.30-3.30.

Pony rides will be taking place 12.30-2.30.

A great day out with the kids!

Click here for details

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promising sales levels in sk5

The weather may still be warming up outside, but it’s already a hot time of year for the property market. The expected uptick in sales has materialised as you can see from the chart. Particularly notable are sales levels of terraces, which have increased 28.5 per cent since the second quarter of 2016.

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flat and house prices in sk5

With increasing clarity from the government, the housing market is returning to it’s usual stride. Looking at quarter-on-quarter price data in SK5, we can see that the average sold prices of flats is up 36.0 per cent since the last quarter of 2015.

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how many new homes have been built in the local area?

new homes built in the local area

New housing is a hotly debated subject in the UK. Despite the recent uptick in building rates, demand continues to outstrip supply and more affordable homes need to be built. The situation has improved over the last few years; the number of new homes started and finished in the UK is at a nine-year high. However, forecasts show that England alone needs to build 50 per cent more homes to keep up with demand, so the issue is far from resolved. The pressure is mounting on the government to find a solution.

156,140 new homes were registered for construction in 2015, the highest it has been in eight years. This was half a per cent higher than the previous year and 45 per cent higher than 2009.

From 2014 to 2015, private sector starts increased by seven per cent, while Housing Association starts rose by five per cent. That means that since the credit crunch in 2008, the UK housing stock has grown by around five percent, which is no small feat.

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Reddish Road, South Reddish with a potential yield of 7%

A great investment opportunity that I would like to bring to your attention. The property recently came to the market with us and is definitely worth a look.

The property is located in the popular area South Reddish and should easily attract a tenant with its close proximity to Stockport and transport links.

The interior is well proportioned and modern throughout. Having only 1 bedroom will restrict the applicants to couples or singles but with rent for a 2 bed terrace currently anywhere from £575-£650 the price alone would attract plenty of interest. The property is being advertised by ourselves and the details can be found on Rightmove using the below link.

We have let a smaller property across the road for £475 per calendar month so £495-£525 would be more than achievable for this property giving you solid 7% return.

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