MARPLE PROPERTY BLOG
LATEST NEWS
Reduced Ready to Let Apartment in Mottram
On the 17th of June Spencer Harvey reduced a one-bedroom ground floor apartment to £89,000. The apartment looks to have been recently refurbished and benefits from a private garden space. With the rental expected to be in the region of £500 per calendar month the return is hitting the high [...]
Albert Place Open House Invitation
Mark and Georgia from our Marple Branch are excited to welcome you to an Open House at the Albert Place development in the centre of Marple. With 50% of the development now being sold these properties are going quickly, so if you are interested take a look at the video [...]
Reduced 7% Gross Yield in Hyde
On the 15th of June, Purplebricks reduced a two-bedroom ground floor apartment in The Links development in Hyde. Finished to a great standard internally, and a decent size, we would expect to achieve approximately £650 per month, giving a gross yield of 7%, taking into account the yearly charges of [...]
NEW HOMES FOR SALE IN THE SK6 AREA
In this video our Branch Manager talks to us about some new properties coming to market over the next few weeks in the Marple area. All these homes have fantastic gardens, plenty of bedrooms and require next to no refurbishment work. See more in the video... https://youtu.be/xFcaBf1G7ig
BEAUTIFUL BUNGALOW IN MARPLE BRIDGE
This beautiful bungalow, 5 minutes outside of Marple Bridge which requires no work is priced at just £350,000. Find out more in this short video with Marple Branch Manager, Dan, or visit our website https://youtu.be/ZSGwYrffSio
6% Plus Return in Hyde
On the 9th of June Reeds Rains added to the market a two-bedroom semi-detached property, the advert itself mentions a high-end finish throughout, however there are no internal photos of the property. We would expect to be achieving in the region of £650 per month on the rental side, so [...]
29.3% OF MARPLE LANDLORDS COULD BE FINED £5,000 EACH WITH NEW ENERGY REGS
As the UK has committed to a legally binding target to be carbon neutral by 2050, one of the biggest producers of greenhouse gasses are residential properties. To hit that target, every UK property will need to achieve a minimum grade of C on their Energy Performance Certificate (EPC) by 2035. [...]
MARPLE BUY-TO-LET PROPERTY MARKET GOING INTO CRISIS?
Marple landlords, sell your property portfolios, your tenants will soon be leaving in droves as they buy their first home with the new 5% deposit mortgages backed by the Government’s new mortgage-guarantee scheme revealed in March’s budget! These 95% mortgages are to be supported by the Treasury, lessening losses for [...]
Solid Return on Hyde Refurbishment Property
On the 26th of May Reeds Rains added to market a two-bedroom, mid-terrace, property on Gair Street in Hyde. The house requires renovation works in the majority of the rooms, however the bathroom looks as though it has recently been refurbished. Rentals for two-bedrooms in the area usually run between [...]
Solid Return in Romiley Village
On the 22nd of May Thomas Lardner brought to market a two-bedroom second floor apartment in a centrally located apartment block in Romiley Village. The apartment, in the Underhill block, came to the market at £110,000, with an expected rental per month of £650, giving a solid 7% gross yield. [...]
Have you considered renting your main home?
Mark, our lettings manager in Marple, looks at the rise of "Accidental Landlords" in the SK6 area, and the route into looking at this as a potential option. If you have any questions on how you could potentially release some equity from your home and move as a no-chain buyer [...]
Ready to Rent 6% Return in Hyde
On the 20th of May Your Move added to the market a two-bedroom end cottage on Knott Fold in Hyde at £150,000. The house looks to be in good condition internally and has the added bonus of a basement room which looks to be a useable space. Rentals on the [...]
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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.
MARK DIAMOND – CO-AUTHOR
I have a strong passion for property, in particular the Lettings market. If you a question about lettings, potential rental returns and yields, and legal changes for landlords or anything else buy to let please get in touch.