MARPLE PROPERTY BLOG
LATEST NEWS
Wages Rising by 8.3% pa – How Will This Affect the Marple Property Market?
As they struggle to meet demand, Argos have had to increase the wages of their HGV drivers from £11.41 an hour to £15 an hour - a rise of 31.2% meaning their pay goes from £27k to £35k. Care home providers are offering signing-on bonuses of many thousands of pounds [...]
Why Are More Marple OAP Homeowners Deciding Not to Move Home?
A recent report by Legal & General stated that since the pandemic, many older homeowners had put their plans to move home 'on ice'. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their [...]
Marple Food & Drink Festival 2021
This Saturday, the 25th September the Marple Food and Drink Festival is taking place from 10:00am with a wide variety of stalls and plenty to keep the whole family entertained. Find out more here
Marple Homeowners Have Turned to the Rental Market to Cash In By £29,400 Each
Should you sell or should you buy in this most interesting Marple property market? I have calculated that at least 16 Marple house sellers have rented a home to break their house chain in the last 12 months, although at a cost as they face paying many thousands of pounds [...]
Marple Homeowners Profit By £70,020 in Last 5 Years
…yet Bitcoin investors would have made £13,753,720 in profit. Is investing in ‘Bricks & Mortar’ dead? Investing in property has historically been a sound investment, yet alternative investments (like Cryptocurrency) have been gaining traction over the last five years. So, should we all ditch buying our own home and buy Bitcoin? [...]
Only 1 in 16 Marple Properties are Bungalows, Despite an Ageing Population. Why?
The bungalow is a building that has represented a more leisurely, gentler way of life since the early 1900’s. Bungalows have been sold as an aspiration for those about to retire, saving them the annoyance of having to climb stairs. With an ageing population, one would think they would be [...]
Currently tenanted 6% in Hyde
On the 27th of July Stepping Stones added to market a two-bedroom mid-terraced property at £115,000. The property is currently tenanted at £575 a month, the advert states this as a 5.75% yield however this works out as a 6% gross. The house is well-located, and comes with a lovely [...]
Incredible New Listing in High Lane
Dan and Mark from our Marple Branch go "Out and About" to bring you a sneak peak of a property which everybody living in the area will instantly recognise. An incredible four-bedroom detached house, renovated from the ground up, sitting on an amazing corner plot. https://youtu.be/yiYNIVWKPF4
CAN MARPLE HOUSE PRICES REALLY KEEP GOING UP?
Marple house prices rose by 0.7% last month, according to the Land Registry. This means the annual rate of house price growth in Marple has increased to 11.5%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, the highest [...]
6% Return in Hyde- Cosmetic Work Required
On the 14th of July Lynks Estate Agents added to market a 2-bedroom mid-terrace property in Dukinfield, Hyde. It looks from the advert to require some cosmetic upgrades, however both the kitchen and bathroom seem to be in good conditon, and there is a decent garden to the rear. With [...]
Converted House with 7.5% Yields
On the 5th of July Cousins Estate Agents added to market a 2 bedroom mews property. The house has been separated into two separate one-bedroom apartments from a communal ground floor entrance. Each apartment would look to achieve approximately £425 per calendar month, giving an overall yield of around 7.5%. [...]
How Eco-friendly are Marple Homes?
And how new Gov’t rules will mean draughty low-eco Marple homes will drop in value ‘It’s Not Easy Being Green’, was the song that Kermit sang on Sesame Street. Yet now being green is a normal way of life for most of us. Walking or cycling places instead of taking [...]
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ABOUT THE BLOG
This blog follows the property and buy to let market in Marple, The Bridge, Mellor and Compstall. You’ll find insight, commentary and analysis that relates specifically to SK6, along with the latest investment deals from all agents in the area.
DANIEL BROWNHILL – CO-AUTHOR
I am passionate about our area, so if you have any property related questions, whether buying, selling, letting out or just curious about what’s happening this very moment in the Marple, Marple Bridge, Mellor and Compstall property market then just pop into my office, alternatively call or e-mail me. I look forward to hearing from you and having a chat.