It looks as though 2018 will be a mixed year for landlords. Some will start to feel the pinch of the legislation that’s recently come into force, such as the loss of mortgage interest relief, while a number of tenants may give notice, due to incentives to buy. At the same time, there are likely to be some good deals around for landlords looking to expand their portfolios. For the rest, who may not have the means to buy in the next 12 months, it’s a good opportunity to take stock of their portfolio and make small improvements where needed to help translate rental income into better profits.
Situated on Sandbach Road in North Reddish this two bedroom terrace is ideal for an investor, the property is currently on the market for £120,000 and is ready for tenants to move straight into! this popular choice of property within the Reddish rental market would attract large amounts of attention and i would expect a swift let for £650pcm providing a yield of 6.5%. located in North Reddish this property offers easy access into the city centre and surrounding towns. For more information on this investment get in touch with Julian Wadden on 0161 443 4022.
Theo gives us his thoughts on this ideal BTL investment in #Reddish on Sandbach Road. For more details click the link… https://www.julianwadden.co.uk/property-details/27557242/stockport/south-reddish/sandbach-road
If you have a new year’s resolution that includes learning something new, finding a new hobby, finding interesting things to do with friends, meeting new people or getting out more – you’re in luck! The new Arc Centre and Gallery programme of creative workshops has been announced and they start in 2018…
The Animal Farm at Reddish Vale Farm will re-open on Saturday 17th February for the 2018 season. The Animal Farm will be open every day 11am-4pm throughout the school holidays until Sunday 25th February where they will revert back to weekends only. For those who haven’t been this is a great day out for the whole family.
Whether it is a local band like Blossoms who are promoting a positive image of Stockport around the world or whether it is a young person who tirelessly raises money for charity, we would like you to say thank you to local special citizens.
The reason Stockport council are recognising our Community Heroes is that more often than not, those who go the extra mile often go unrecognised and to remedy that, they’re now launching a rolling programme of council civic awards.
The categories include;
Promoting Stockport as a place to live and do business: individuals or groups who have promoted a positive image of Stockport on a national or regional stage
Recognising local innovation: Groups or Communities who are sparking growth from innovation
Contributing to a thriving economy: Organisations making a difference in Stockport by creating jobs, employing local people, contributing to a community, taking on apprentices or care leavers
Resilient Communities: acknowledging a person or group that has worked hard to create a safer neighbourhood. And helped to make a community where people help each other in times of need.
Community Creatives: championing community arts and creative projects, big or small, from individuals or groups showing how creative activities can benefit individuals and strengthen communities.
Education providers making a difference in a community: targeting schools, colleges, nurseries who are reaching out with projects and activities in their local area.
Young people making a difference in their community: targeting youth groups, cadets, scouting, Duke of Edinburgh awards etc.
Sport and exercise contributing to health and wellbeing in a community: targeting running clubs, football coaches, walking clubs, dancing etc.
Volunteering to promote independence in a community: people doing it for themselves with initiatives like food banks, friends of parks and localities, clubs etc.
Borough Heroes: those who got the extra mile but whose help often goes unrecognised.
As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for new lets and renewals of tenancies with effect from 1st April 2018 and for all existing tenancies on 1st April 2020. It will be unlawful to rent a property which breaches the requirement for a minimum E rating, unless there is an applicable exemption. A civil penalty of up to £4,000 will be imposed for breaches.
The mix of tenure of properties is a substantial yardstick of the attributes of homes in a local market. One of the best parts of the planning system in the UK is that social housing is heavily mixed in with the private stock so we don’t get large geographical divides between people as is the case in urban France. This also shows how many people are renting, which has gone up nearly everywhere in the last ten years.
This chart shows how prices in the local area compare with those in the region and the national picture. Given our geographical position relative to the national economic centre of gravity, the relative price levels are what we’d expect.
For this month’s market update, we’ve decided to take a look at what percentage of total sales each house type accounts for each quarter. Whilst it doesn’t show the actual number of sales, it’s very useful for seeing what each property type is contributing to the total level of transactions. It also permits year-on-year comparisons, which negate the impact of seasonality.
Outside space has always been a sought-after commodity, whether it’s acres of land or a balcony with pleasant views. Most property searchers have a few items on their list when looking for a new home, with some form of outside space usually near the top. But remember, gardens, balconies and terraces aren’t just eye candy; they also add value to properties.