Month: July 2018

A great buy-to-let investment in a central Romiley location

This two bedroom flat is situated in a convenient central location in Romiley. Offering an open plan lounge/dining area with a fully fitted kitchen with appliances, two good sized double bedrooms and a separate bathroom. The added benefit of this apartment is that there is potential to create more rooms upstairs in the loft space or equally this space can be used as a handy storage area as it is at the moment.

The property is in a highly desirable location within walking distance to Romiley Train Station which provides a regular train link to Manchester City Centre. The M60 is a few minutes drive away which provides links to major motorways.

The yield you would be able to achieve is 5%, this is based on the rental figure of £550 pcm. The central location and size of the apartment should make this very desirable.

Currently on the market for £130,000 with Bridgfords, Marple.

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A two bedroom terrace offering a healthy 5.8% yield in Bredbury

A  recently renovated two bedroom garden fronted terraced house which is ideally placed for access to local amenities such as shops, public houses, schools, Bredbury Train Station and the M60 motorway.

This ready to rent terrace comprises to the ground floor; an entrance vestibule, hallway, front lounge, rear dining room and a modern fitted kitchen which spans over 13 feet in length. The first floor benefits from two bedrooms, one double and a large single and a spacious modern fitted bathroom.

Externally there are garden areas to both front and the rear with the rear garden having potential vehicular access and certainly ideal for storage of a motor bike.

The property is available with no onwards chain.

The potential yield you would look to achieve is 5.8% yield, this is based on £650 per calendar month.

Currently on the market with Edward Mellor, Woodley for £134,950.

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Our treasure hunt raised £2,154 this is what it got…

We are excited to share that our 3rd Treasure Hunt raised £2,154 and along with all other money raised, the friends of Marple Memorial park are going to buy new equipment in the Infants Play Area, and the award of a £1,000 grant from the Autotrader Community Fund, Friends of the Park are pleased to announce that a new Ocean See-Saw has been ordered and is due to be installed in late September / early October 2018. We are so pleased the Treasure Hunt was a great success!

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Marple 10k Race

The Marple Fire Fighters have organised a charity 10K Race on Saturday 8th September. You don’t have to be a great runner to participate, runners of all levels are welcome. The run starts at Rose Hill, at the beginning of the Middlewood Way. It is advised for runners to gather from 9:30am and you will need to register before 10.30am if registering on the day. The approximate start time is 11am.

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Commuting distances

Measuring commuting distance might seem a little obscure but it actually offers a particularly good insight into the character of any local housing market. For example, commuter towns tend to really come alive at the weekends but are quieter in the week. Areas where most people work locally will have a stronger community feel day-to-day.

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A superb investment opportunity to start your buy-to-let portfolio

This two double bedroom flat is on The Ridgway in Romiley and offers the potential investor a yield of over 6%, the property is in need of cosmetic work throughout and offers communal areas including lawns and a patio area.

This first floor flat comprises of a communal entrance hallway with stairs leading up to the flat entrance, the ‘L shaped’ lounge/dining area is well proportioned and offers spacious living accommodation, the modern fitted kitchen has ample worktop and cupboard space, the two double bedrooms look like they need some TLC, purely cosmetic work and the bathroom completes the flat. Externally the property offers communal areas which are regularly maintained.

The property has the potential to offer anywhere between 6% to 6.6% yield, which is great for the area especially in Romiley, you don’t tend to see yields over 5%. These yields are based on £500 to £550 per calendar month, this is dependant on the standard of the completed works and the finish.

Currently on the market for £99,950 with Edward Mellor, Woodley.

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Fluctuations in prices over recent years

It won’t come as any massive shock that houses are generally worth more than flats in our area. However, when it comes to the movements over time, these two broad types of property do not always behave similarly. Here we see how flats and houses have varied in price.

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Sales levels in recent months by type

The property market fluctuates on a seasonal basis, and this is particularly the case for sales rates. This chart shows how the market has changed over the course of the last few months. The most recent periods are estimates based on the previous year’s pattern.

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A one bedroom house with off road parking in a desirable location in Marple Bridge

A rare and unique one bedroom property in the heart of Marple Bridge with OFF ROAD PARKING AND GARDEN. Located within an attractive cobbled square in a much sought after conservation area close to all bars, restaurants, Brabyns Park and train station.

Located with one of four properties which offers seclusion from the village. In brief the property offers a large and spacious lounge with built in storage. The kitchen is well appointed with plenty of storage and work surfaces units. A rear porch has been added giving extra storage with power.

The first floor offers a spacious double bedroom boasting an array of fitted wardrobes. A large four piece suite bathroom with further storage over he bulk head.

The garden is located to the rear, separate from the property.

An ideal buy to let property which will appeal to someone who is looking to start their portfolio off.

The property would achieve £600 pcm due to its location, offering a 4.2% yield. Currently on the market with Julian Wadden, Marple for £169,950.

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