Month: July 2017

which landlords insurances are available?

Landlord insurance is similar to your normal home insurance but is designed to cover rental properties. Your standard home insurance will not be adequate for covering buy to let properties also.

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A two bedroom semi-detached property offering 6% yield in Bredbury

Located on Woodbank Avenue, Bredbury is this two bedroom semi-detached property offering off road parking, stylish accommodation throughout and offered with no onward chain.

This property offers to the ground floor; entrance hallway, an open plan living area and a modern fitted kitchen/diner with patio doors leading out onto the rear garden. The first floor reveals two well proportioned bedrooms and a three piece family bathroom suite. Externally the property offers off road parking at the front and a large garden with a patio area at the rear.

Offered with no onward chain and situated in heart of Bredbury with great commuter links. This property is ideal for first time renters or a small family.  The potential yield is 6% based on £700 per calendar month.

Marketed currently with Bridgfords, Stockport at £140,000.

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Length of residents’ working day

Areas which are home to residents who work long hours tend to have something of a split personality. The people you might see on the street on weekdays are often very different to those at weekends. The crucial benchmark is 49 hours per week. If you’re working that many hours or more, remember no one on their death bed ever wished they’d spent more time in the office!

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devonshire arms

After 10 weeks of closure the Devonshire arms has reopened with a fresh new look! Sill retaining its welcoming and traditional feel they have transformed the garden terrace and created a new menu with some exciting seasonal twists. With the reopening comes some tempting deals ‘Girls Night out’ – Proseccos & Tapas from 7pm on Wednesdays and ‘Bubbles & Banter’ – two glasses of Prosecco and a selection of 4 Devonshire Tapas only £29.95! A perfect summer’s evening! Since it reopened they have been very busy so best to book in advance. Call 0161 427 2563. Take a look at their Facebook page for more details


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tale as old as time

In keeping with the recent release of Disney’s Beauty & The Beast live action Film, local theatre company NK Theatre Arts based in Romiley Forum have put together ‘Tale as old as time – A Disney story!’ There will be lots of famous Disney songs to sing along to and an exciting meet & greet with the characters. A fantastic afternoon out for all the family to celebrate all things Disney. Click here for more information and to book tickets


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blackthorn festival

A date for the diary this coming weekend! Following last year’s success Blackthorn Festival returns for 2017. The festival kicks off this Friday through to Sunday. Get yourself to Whitebottom Farm situated just through Etherow Country Park. Click here to book tickets


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Local property prices vs region & country

It is hard to gauge actual property price movements without having something to compare them against. The chart shows the price differences in our area compared to the wider region and the rest of England and Wales for the last eight years.

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A generously sized three bedroom semi-detached house in an extremely popular location

Recently reduced in price is this three bedroom semi-detached property situated on Alamein Drive, Romiley. Located close to all amenities that Romiley has to offer and set within the catchment areas for Romiley Primary School and Marple Hall High School this property is ideal for a family. Offering to the ground floor; an entrance hallway, lounge, dining room, a fitted kitchen and a rear covered porch which leads through to the utility room and downstairs WC. The first floor reveals three bedrooms, two of which are doubles and a modern fitted three piece family bathroom suite. Externally the property offers off road parking at the front for multiple vehicles and a low maintenance rear garden. This property offers larger than average down stairs living space and would definitely appeal to a family.

The potential yield you would look to achieve for this property is 5.5%, this is based on £800 per calendar month.

Currently on the market with Thomas Lardner, Romiley at £174,950.

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Monthly sales rate by main house type

This chart takes a look at how sales levels have evolved over the last eight months in the local area. It should be noted that we’re looking at a relatively tight area over short periods of time, which is why there is a lot of volatility in the figures. The patterns however, are very revealing and show how seasonality affects the dynamics of the market.

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What does the future hold for house prices in Marple and The Bridge?

There have probably never been more factors at play in the UK property market than there are right now. The national market is pausing for breath as it reaches the end of the cycle which started with the credit crunch. 2016 saw stamp duty changes as well as the Brexit vote, and the impact is very much still being felt. The result of the election has added to the uncertainty surrounding the economy.

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