How far people travel to work says a lot about the nature of an area. For example if people live and work in market towns there is likely to be a lot more community spirit to experience in daily life. When people are travelling further afield to work, they effectively spend their days on two different communities. It will be interesting to see if community spirit increases as people work more from home.
Quarterly analyses of house price movements are a great way of seeing year-on-year changes. This chart is a particularly useful way to look at the market because it strips out seasonality, which can distort things and lead us to show things that might be inaccurate.
As one year ends and another begins, we thought we’d take a look at what’s happened in the Stockport market over the last 12 months, and what a year it has been. It’s true that something of a ‘cold front’ has been moving across most of the country, but the strong fundamentals which underpin the Stockport market mean that we’re well placed to weather any storm.
In this analysis we’ve looked at how sales of property types have stacked up over time (literally!). For each of the last eight years we show what number of sales are accounted for by flats, terraces, semi-detached and detached homes. This analysis is very useful because it shows not only the total number of sales, but the types of properties it comprises.
If you call an Estate Agents at this time of year the first thing you will hear is ‘oooooo its slowing down for Christmas’ and whilst in some respects that is true its no time to take your eye off the ball and forget about renting properties! That is my focus everyday and will be every day during December. While other Estate Agents take a break and slow down simply because its December here in Julian Wadden Stockport Exchange we are busy busy busy! We have let 4 properties this week and in sales we have 3 exchanges scheduled today!
So… I wanted to take this opportunity to show you my latest Lettings Instruction in Stockport with this live video tour of Islington Road. This property is new to the market this week and is an exceptional property in terms of the finish and the quality of the property. It is on the market for £695pcm and is a little bit of a steal at this price as in a busy summer market it would easily rent for £725pcm. If you know of anyone that would like to rent this property or if you have a property that you want rented before Christmas then Julian Wadden Stockport Exchange are the Estate Agent for you! Call me on 0161 474 8668…
It is with Festive Cheer that I bring you another stunning two bedroom semi-detached house in Stockport! On Islington Road close to Stepping Hill Hospital and its on the market at the market at £695pcm… https://www.julianwadden.co.uk/property-details/27460019/cheshire/stockport/islington-road?page=1&instruction_type=Letting&address_keyword=Sk2&property_type=&furnishing=&minprice=&maxprice=&showstc=on
A stunning two double bedroom, mid-terrace house to rent in Cale Green, Stockport. See link below for the property details on our website or watch my video taken today at the property! https://www.julianwadden.co.uk/property-details/27449170/stockport/cale-green/adswood-lane-east?page=1&instruction_type=Letting&address_keyword=SK2&property_type=&furnishing=&minprice=&maxprice=&showstc=on
As you regulars will be aware I am always on the lookout for great properties with a great yield and today I have another fabulous option for you on Ward Street in Stockport. This property has been on the market quite a while and has been price reduced a couple of times so I think that there is an opportunity to do a deal here with the Estate Agent selling the property, as the vendors are surely looking to sell quite quickly.
This property on Ward Street has two good sized bedrooms on the first floor (which is always important when looking for a rental) and a good sized reception room on the ground floor with a large eat in kitchen. At the rear of the property is a private garden – now I can see from the pictures that this needs decluttering, but at the end of the day you are buying the building, not all the vendors goods, so please don’t let this put you off! If you can see past all the clutter (like me) you will be able to see that there is a great investment to be had here. The property is located in Stockport Town Centre, SK1 and is about a 10 – 15 minute walk from the town itself, its on the 192 bus route and is a 5 minute walk from Stockport Train Station.
The property is therefore a 2 bedroom, end of terrace on the market for £100,000 which is very rare to find these days in Stockport! I believe that once completed, de-cluttered and with perhaps a repaint to freshen it up, this property should rent for £650pcm. That would give you a great yield of 7.8%.
So, look no further readers, this is the best buy-to-let out there at the moment and is a great property to start your portfolio with, cheap, cheerful and it will make you money! Book your viewing with Bridgfords Stockport now and get your offer in! If you would like any assistance on the viewing or if you have any questions about buy-to-let investments and lettings give me a call on 0161 474 8668.
An early Christmas present and Black Friday offer from Julian Wadden. It’s a busy time so instruct us before Christmas and enjoy 25% off our fees.
25% off our standard selling fees for all house sellers instructing Julian Wadden between 13th of November and the 23rd of December 2017. You agree to a Julian Wadden board at all times during marketing. You cannot already be in an agency agreement with Julian Wadden to take up this offer but you can be on the market with another agency but please check their terms and conditions. All selling charges are subject to VAT.
If you haven’t already heard, first time buyers will NOT pay stamp duty up to £300,000 with immediate affect. We are still waiting on clarification if this applies to people who have already exchanged. This could save some first time buyers up to £5,000, which will certainly help people moving onto the property ladder.
As this will now bring more first time buyers out of the wood work it will increase demand at the lower end of the market place. The ripple effect of this will see demand for people to move up the property ladder, so larger family homes will also see the benefit.
This is great news to our local market and the UK property market as a whole, which is much needed due to the constant negative news stories surrounding the property market recently and Brexit causing uncertainty.
The other good news is funding for new builds will be supplemented by £44bn which should fuel a very positive housing market in 2018 and going forward.
If you would like any advice on how this may effect you directly please do not hesitate to contact me personally