reddish and tameside property blog

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

reddish north end fc 

Reddish North End Football Club was established in the year 2000. As the club progressed through the years they now have an astonishing 44 teams which include: Boys, girls, open age ladies, open age mens, veterans and walking football.
On Saturday 20th May the club is having their annual end of season presentations. As sponsors of the club, I will be there to present trophies to the teams for part of the day. The event will have something for everyone, the pitches will be open for the kids to play plus there’ll be food and drinks on offer. The event runs from 11am – 9pm and I’m sure everyone will have a blast.
It would be great to see some friendly faces supporting the club so feel free to bob down and say hello.

If you know of anyone or would be interested in joining the club you can email them for more information info@reddishnorthend.co.uk or http://www.reddishnorthend.co.uk/

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distance to work

How far people travel to work says a lot about the nature of an area. For example if people live and work in market towns there is likely to be a lot more community spirit to experience in daily life. When people are travelling further afield to work, they effectively spend their days on two different communities. It will be interesting to see if community spirit increases as people work more from home.

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i have been living abroad for some time and would like to rent out my property in the uk. what do i need to know about tax?

As an overseas landlord, your letting agent would be required to deduct tax from your rental income before sending it to you unless they have permission from HMRC to pay the rent to you in full. This tax would then be paid to HMRC quarterly and at the end of the tax year you would be provided with a certificate in order to complete a self-assessment tax return and prove how much tax you have paid. If you would prefer the rent to be paid in full so you could complete a tax return and pay any money owed directly, HMRC will provide your letting agent with an approval number once you have registered with them which they need to pay the rent to you in full.

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a quarterly index of house prices

This chart shows how house prices in the local area have moved over the last seven quarters. We’ve indexed flats, terraces and semi-detached homes so they start at the same point so you can easily see how they’ve moved in relation to one another.

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annual sales levels by broad property type

A look at the annual sales charts for the last ten years offers a good indication of market activity within the local area. Patterns are in line with expectations given the nature of our area. While there is nothing too surprising about which type of properties have seen the most transactions, it’s useful to see how the market has performed since just before the credit crunch.

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Dumbarton Road, Reddish with a potential yield of over 6%

I came across this 3 bed property whilst browsing Rightmove this morning and thought it was worth a mention for anyone looking for an investment.

The property looks as though it has recently undergone full modernisation and would be ideal for a first time investor. The property is located in the ever popular South Reddish which will be a draw for potential tenants.

This property should easily achieve a rental income of around £675 per calendar month but could go for as much as £695 per calendar month.  This would see a yield of 6%-6.5% which is a good solid investment considering there is no work required.

If you would like any further advice on rental investments in the area then please visit our branch in the centre of Reddish or give us a call on 0161 443 4020.

The property is on the market with Phillip James and can be found on Rightmove using the below link.

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how old are people when they buy their first home in our area?

Our friends in the U.S have been chasing the ‘American Dream’ for some time now, yet we Brits don’t really have a moniker for ‘making it’ in the UK. If we were to coin our version of the ‘British Dream’, we imagine it would be celebrated every time someone took their first steps on the property ladder.

First-time buyers play a pivotal role in the UK housing market and represent a key driver of demand. The average age of first-time buyers has been steadily rising over the last few decades as property has been less and less affordable in some parts of the country. However, schemes like shared ownership and Help-to-buy have helped younger people get on the ladder, putting downward pressure on average ages of first-time buyers.

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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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