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

Author: Ryan Branney

Three bedroom mews property in North Reddish with potential to generate a great yield

This logically arranged three bedroom mews property would make for an ideal buy to let or investment purchase and has just launched to market with Edward Mellor, Gorton for an asking price of £110,000. The property occupies a highly conveniently location, set within strolling distance to Reddish North Train Station, local amenities and commuter links to Manchester City Centre. The property offers three bedrooms, kitchen diner, front and rear gardens, plus the advantage of an en bloc garage.

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UK HOUSEHOLD SPEND

  • At £572.60, average weekly expenditure (all costs, adjusted for inflation) per household in the UK is at it its highest level since the financial year 2004–2005, according to data published in January 2019 by the Office for National Statistics.
  • At £632.00 per week, households in owner occupation spend on average £52 more per week than those in the private rented sector at £580.10.
  • Across the UK, the average weekly amount spent on a mortgage is £159.60, equivalent to 27% of total weekly expenditure. 44% of weekly mortgage costs are attributed to interest payments.
  • For those in the private rented sector, rental costs account for 26% of weekly expenditure. Across London and Wales, the average spend on rent per week is higher than the average spent on a mortgage. In all but four regions, the differential is less than £20 per week.
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ONE IN THREE HOME HUNTERS HAVE DECIDED ON THE SPECIFIC STREET THEY WANT TO LIVE ON

  • Close to one in three home hunters know the specific house or street they want to live in before starting a property search, according to new research by Zoopla
  • Londoners are most likely to have a definite idea of location, virtually half (48%) have a specific street or house in mind. This compares to less than one in five across Wales and the South West
  • If it’s not a specific street, then it’s most likely house hunters have an idea of what town they have in mind. A third of house hunters across the East of England, East Midlands, South East and Wales know which town or town(s) are of interest
  • With just one in sixteen prospective home hunters having no clue as to their location of choice, as an agent, knowing the ins and outs of your local area is critical
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Low maintenance buy to let in central Denton

Located in central Denton, this two bedroom mid terrace would make for an ideal investment and buy to let purchase. Marketed by Reeds Rains Hyde for £115,000, we would expect the property to achieve around £600 pcm on the rental market, generating a gross yield of 6.3%.

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Competitively priced detached on Reddish/Levenshulme border

Take a look at this opportunity to purchase a three bedroom detached property situated on a popular development on the border of Reddish & Levenshulme, marketed by Bridgfords. Marketed for offers in the region of £190,000 this is a superb opportunity to purchase a detached for semi-detached prices! In need of cosmetic updating throughout, this offers the chance for the purchaser to put their own stamp on the property and we would anticipate the property would fetch circa £250,000 once fully renovated and based on a high spec.

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2019: THE YEAR OF THE PIG

The Chinese New Year officially starts on Tuesday 5th February, welcoming in the Year of the Pig. The Chinese zodiac is a repeating cycle of 12 years and the Pig is the twelfth of all the zodiac animals.

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Re:dish

Here at Julian Wadden Reddish we are proud to support local charity Re:dish which is a local cause aimed at bringing local members of the community together and redistributing food, clothes, furniture and skills around Reddish.

Based in the heart of Reddish at Houldsworth square Re:dish is a charity that aims to improve the lives of everybody in Reddish. Below is just some of the fantastic work the charity does in our area;

  • Identify and reduce food poverty by providing no-cost and low-cost food, by using local expertise to encourage healthy nutrition and by teaching the growing and cooking of fresh food;
  • Identify and reduce individual isolation by reconnecting people to networks of help and support;
  • Help people cope with debt, providing access to professional advice, support and education

All this fantastic work is made possible by the kind efforts of local volunteers and the money raised in the charity shop located on the high street. Call into Re:dish to learn more about this cause and pick up one of our Enjoy Local shopper bags!

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Escape to A Tavola for exceptional Sicilian cuisine & delicious street food!

A little hidden gem here in Reddish, A Tavola is a Small, Intimate, Rustic, Family Run and Family Friendly Sicilian restaurant serving authentic Sicilian cuisine including recipes passed down through the generations. A Tavola is the sister restaurant to Mamma Mia Denton and is the brainchild of award winning chef Alessio Muccio and his partner Nicky. Alessio has always dreamed of opening a Sicilian restaurant and A Tavola is the result.

Their menu is packed full of choice and the weekly specials have proven very popular, expect to see a selection sharing platters, fresh fish, seafood and Ravioli on our specials menu. Fancy a quick bite to eat?…The lunchtime menu consisting of Rosticcerie and Panini’s start from just £2.50!

A Tavola also operate a takeaway service where customers can choose anything from our main menu and receive 20% off the price of each dish!

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Harry Potter themed coffee morning

Denton West End Community Library are inviting you to join them for their Harry Potter inspired coffee morning, taking place on Saturday 9th February! Enter the wizarding world of Harry Potter at the community library where you can expect cakes, arts & crafts and tasty refreshments, this will be a great family day out for all those Harry Potter fans!

The coffee morning will be taking place on Saturday 9th February between 10am & 1pm, contact the community library on 0161 336 6225 for further details or like their Facebook page, search Denton West End Community Library.

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LET’S DO BUSINESS

  • The UK has been crowned by Forbes, for the second year running, as the best country for business following its latest survey published in December 2018. A total of 161 countries are assessed on 15 different criteria.
  • The UK is the only country to land among the top 30 in all 15 metrics, including property rights, innovation, taxes, technology, corruption, freedom and workforce.
  • Forbes states that although sterling plummeted 9% against the US dollar the day after the EU referendum result and remains down, the economy has ‘held up relatively well’.
  • With the official exit from the EU scheduled for this March, Forbes recognises that uncertainty remains. Some UK companies are holding off investments to see how Brexit affects trade relations, but on balance the business climate remains attractive, with a globalised economy that is more open than most in terms of trade, investments and capital flows.
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