I wanted to talk about this stunning brand new home that has been built on Plane Tree Close in Marple. The house has been completed to an exceptional standard with amazing gardens to the front and back. There is space for at least two cars and the property also benefits from an amazing location which is close to great schools and transport links such as Rosehill Station.
At £6.3 billion, the total value of lending in 2019 by the so-called ‘bank of Mum and Dad’ is set to be half a billion higher than in 2018, making it the UK’s 11th largest mortgage lender. 77% of lending is to home movers, not first-time buyers.
This superb end of terrace on Hollins Lane in Marple is ready to move in to with two DOUBLE bedrooms and OPEN PLAN living, also with its’ close proximity to the centre of Marple it will appeal to wide range of tenants, making it a perfect rental property.
Offering ready to move into and modern accommodation it will be hassle free in terms of marketing the property and getting a tenant in, providing a very short void period. Giving you the ability to earn a healthy yield 4.6% and great capital growth, this will be a great addition to your buy to let portfolio.
One in twelve landlords is unaware of a suite of legislative changes that occurred across the lettings industry in recent years, according to the findings of the English Private Landlord Survey 2018 published in January.
Over 80% of landlords were aware of the additional 3% stamp duty burden for the purchase of a second home, with two-thirds having knowledge of the changes to mortgage tax relief and the impending tenant fee ban.
Less well known are the reduction in Capital Gains Tax for non-property investments, and knowledge of the minimum rent to mortgage cost ratio required by lenders to approve a buy-to-let mortgage.
The survey notes that legislative changes are considered the main concern for current landlords, while agents are more concerned about tenant behaviour.
If you are a Landlord, or thinking of becoming one and you too were unaware of these legislative changes, please get in touch with me and I would be more than happy to discuss these with you. Now is also the perfect time to take advantage of the current offer of three months free management we have available for new Landlords as well as existing Landlords who are bringing new managed properties on with us. The majority of our property management team are ARLA qualified and would be happy provide you with stress-free management and piece of mind for your property or portfolio. Please do not hesitate to get in touch!
Currently on the market with Gascoigne Halman, Marple Bridge is this fantastic investment opportunity. This NINE bedroom property situated on the desirable Hollins Lane, Marple Bridge consists of nine one bedroom apartments offering a fantastic 7% yield! This property also offers fantastic development potential subject to the necessary planning permission.
The plot itself extends to approximately 0.3 acres and is offered with vacant possession. According to the selling agent the apartments have provided a gross rental income of £40,000 which could be improved further with some updating. The property also benefits from ample off road parking and is ideally situated close to Marple Bridge Village with transport links in to Manchester City Centre.
An exciting, brand new offer that we have launched across Julian Wadden is offering new or existing landlords the chance to get 3 months free management fee’s. This offer is only available for new properties and can’t be used with any current properties you may have with us. Please see the video below for more details:
Reduced yesterday to £110,000 is this two bedroom apartment situated in Chamberlain Gardens, Bredbury offering a fantastic 6.8% yield, based on £625 pcm, which we are currently achieving on another apartment in the development.
Currently on the market with Country Holmes, Glossop this property would be a great addition to your buy-to-let portfolio offering such a high yield for the area. Being offered with no onwards chain this apartment consists of a lounge with Juliette balcony, two bedrooms, a modern fitted kitchen and a family bathroom.
Externally there is allocated parking and communal gardens. The property being located so close to Bredbury train station giving you access to Manchester City Centre, it will appeal to the professional market in particular.