Category: investment deals

Festive Charity Walk

festive walk - Festive Charity Walk

Festive Charity Walk, The Railway Marple, 223 Stockport Road, Stockport, United Kingdom. Fri Dec 27 2019 at 10:00 am, Charity walk in aid of Cystic Fibrosis

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House Prices Increase by 1.3%

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Data released by The Office for National Statistics states that house prices in the UK have, on average, increased by 1.3%; a strong position considering the political uncertainty sweeping the UK in 2019. Scotland, Wales and Northern Ireland saw an average of 3% with England averaging at 1%, with a quick comparison to last year showing an average price rise of £3,000.

Region, Region, Region
Regionally, the strongest locations continue to be across North of England with a predicted rise amongst the South of the country over the next few years. London is still slightly behind in terms of price growth but is predicted to catch up over the coming years.

The effects of Brexit
As the year ends, it is fair to conclude that Brexit has influenced the growth of house prices, even with this noted increase. August and September saw the same growth figures reducing further, but October saw those figures start to creep up slightly again with a 0.3% rise. This positive result and the outlook for the future of UK property seems to have been supported by current levels of employment and low borrowing costs for buyers. This appears to have offset the reduced confidence in the property market and should reinforce trust for the New Year.

New Homes surge
New build houses are rising at an accelerating rate compared to the existing housing stock. This can be down to them having better features and more amenities. The current property shortfall also contributes to this with newly built homes being in high demand resulting in a higher asking price. This trend currently leaves the average price of a new build property at £316,789, with existing homes currently sitting at £245,173 according to data provided by Zoopla.

Interestingly, homes located in leave voting areas have seen an average of 9.97% overall growth since 2016, with remain voting areas growing on average of 8.13%. However, this should be viewed as a coincidence instead of a direct correlation as many other local factors contribute to this. The position of both leave and remain areas shows another positive result for price growth over these last few uncertain years.

Election season

Even with the General Election, the market’s continued success is some good news to hold onto over the festive season. Christmas time is usually associated with a slight slowdown in the buying and selling process, but this year sees the market slowly aligning to others as a busy period. More valuations and home improvements from sellers shows that people are choosing to use their time at Christmas to take hold of a great opportunity and get their house on the market. It’s a solid place on the Good List this Christmas for the property sector this year!

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A sneak peek into a great buy to let opportunity in Bredbury

IMG 3414 1024x683 - A sneak peek into a great buy to let opportunity in Bredbury

This fantastic opportunity is due to hit the market with ourselves in the next couple of days so I thought I would give you a sneaky peek to get you one step ahead.

The property in question is located on Sandiway in Bredbury and will be hitting the market for £109,950! Given its price I’m sure this will receive alot of attention so you will need to act quick before it goes. It is a three bedroom mid terrace with lounge, separate kitchen and utility area downstairs. It also offers off road parking and a well proportioned rear garden. The property is in of a complete overhaul with everything needing to be redone internally.

Situated in a convenient location close to public transport links and local shops this will appeal to a family predominately.

If the works cost in the region of £20,000 to complete and you bought it for the guide price you would still achieve a brilliant 6.9% yield based on £750 pcm. If you would like any further details please contact us on 0161 427 0755.

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A buy to let opportunity offering a fantastic 6.8% yield

IMG 7516 1024x683 - A  buy to let opportunity offering a fantastic 6.8% yield

A recently reduced top floor apartment in Springbank Court, Woodley is currently on the market for £110,000 and offering a superb 6.8% yield.

This fantastic two bedroom apartment offers spacious accommodation throughout. In brief it offers; entrance hallway, two double bedrooms, three piece bathroom suite, two cupboards perfect for storage and a walk in storage area in the master bedroom. The open plan living area spanning over 23 feet in length has multiple windows which flood the room with natural light. This room is a great place to entertain with a fitted kitchen and breathtaking views over the surrounding area. Externally covered secure parking is available with the property.

This perfect buy to let offers a fantastic return, based on achieving a realistic £625 pcm. Appealing to a professional person/couple in particular due to its’ convenient location to public transport routes.

Currently on the market with our Marple branch. Please click HERE for more details and call us on 0161 427 0755 to arrange a viewing.

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A superbly priced flat in a desirable central location in Marple

A rare opportunity has come back on the market offering the buyer a perfect opportunity to purchase a one bedroom flat in a desirable, convenient location in Marple for just £120,000. Perfect to add to your buy to let portfolio, offering a desirable 5.8% yield based on achieving a comfortable £575 pcm.

This first floor apartment situated in the Norbury Mews development offers an entrance hallway, an open plan lounge/kitchen which offers modern living arrangements with a fitted kitchen with plenty of worktop and storage space. The double bedroom is well proportioned and benefits from an ensuite bathroom.

Externally the property offers a single garage perfect for storage along with spaces for parking your car.

Currently on the market with our Marple branch for £120,000. Please contact us on 0161 427 0755 to arrange a viewing or to discuss further.

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A fantastic buy to let in Marple offering a healthy yield of 6%

IMG 0650 1024x683 - A fantastic buy to let in Marple offering a healthy yield of 6%

This property is back on the market and offering a great opportunity to purchase a buy to let property to add to your portfolio.

Tucked away on the quiet Rose Walk in Marple this property offers to the ground floor; entrance hall with stairs leading to the first floor, a large spacious lounge with sliding glazed doors leading to the rear garden, the modern breakfast kitchen gives ample work surface space and storage units. The first floor reveals three bedrooms two of which are double bedrooms. The family bathroom and separate WC completes the floor..

Offering a fantastic 6% yield based on £825 pcm. Given the lack of properties within the area to rent and the high demand you would look to achieve this value relativity quickly, shorting the void period. Please click the link for more info.

Currently on the market with our Marple branch for £165,000.

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A rare opportunity to buy a fantastic apartment inside Ludworth Hall

28598 28961623 IMG 01 0000 max 656x437 1 - A rare opportunity to buy a fantastic apartment inside Ludworth Hall

Situated in the converted Ludworth Hall in the heart of Marple Bridge is this stunning apartment offering a fantastic finish throughout and great capital growth.

This ready to rent property offers a stunning interior, open plan living space with a vaulted ceiling, two double bedrooms and two separate bathrooms. Perfect for a professional couple wanting the perfect blend of rural and city living, a stone’s throw to the local pubs/restaurants and train station – giving you access to Manchester within 30 minutes.

You would look to achieve a premium figure of £900 pcm for this property due to its internal finish and convenient location.

Currently on the market for £250,000 with Edward Mellor, Marple. Please click here for more details.

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ATTENTION BUY TO LET INVESTORS! A modern townhouse offering great capital growth in a popular location

IMG 2001 1024x683 - ATTENTION BUY TO LET INVESTORS! A modern townhouse offering great capital growth in a popular location

This three bedroom modern townhouse located on Kennett Drive, a stone’s throw away from the train station is an ideal property for a family. In need of cosmetic improvement throughout you would look to achieve around the £850 pcm mark.

Offering spacious accommodation throughout with a separate kitchen, large lounge, handy downstairs WC and a conservatory. The first floor offers two double bedrooms and the family bathroom. The large master bedroom on the top floor benefits from an ensuite shower room – the perfect size for a family. Externally this property provides designated parking spaces and a rear courtyard.

As stated this property is in need of cosmetic updating and once works are completed you would be able to achieve £850 pcm, giving you around a 5% yield, based on purchasing the property for the Guide Price of £190,000.

This property is yet to hit the market so please contact the Marple office on 0161 427 0755 to book a viewing.

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A great investment offering 7% yield in a convenient location in Woodley

43167 29095002 IMG 01 0000 max 656x437 - A great investment offering 7% yield in a convenient location in Woodley

Situated in the local landmark of Springbank Mill in Woodley is this one bedroom apartment, perfect for first time renters.

Offering an open plan living space with kitchen area with ample worktop and storage spaces, a double bedroom and a bathroom complete the apartment. The apartment also comes with a parking space. Springbank Court includes lift access, a convenient location to Woodley train station and other public transport routes.

Currently on the market with Edward Mellor, Woodley for an attractive £89,950.00. If bought at the asking price you would achieve a fantastic 7% yield based on a realistic £525 pcm. Please click here for more details.

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A superb terrace in Marple offering fantastic yield and capital growth

15566 489223 IMG 42 0000 max 656x437 - A superb terrace in Marple offering fantastic yield and capital growth

A superb terrace on Upper Hibbert Lane which has been excellently extended and modernised to create a ‘ready to move into’ property, perfect for tenants.

Offering two separate reception rooms and a superb kitchen extension including a breakfast island and a modern finish. The first floor reveals two bedrooms and a modern fitted bathroom. The second floor benefits from a large, double bedroom.

This terrace offers both capital growth and a healthy yield of 5.5%, this is based on achieving £775 pcm. The property is currently on the market with Gascoigne Halman, Marple Bridge for £170,000.

Please click here for more info.

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