STOCKPORT PROPERTY BLOG
LATEST NEWS
STOCKPORT HOUSE PRICES – THE EFFECT OF RISING INFLATION
House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Stockport homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost [...]
HOW WILL ‘LIFETIME DEPOSITS’ CHANGE THE STOCKPORT RENTAL MARKET?
The Government’s scheduled publication of their White Paper for the Renter's Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords [...]
THIS IS WHY THE STOCKPORT PROPERTY MARKET HASN’T RUN OUT OF STEAM
In recent articles on the Stockport property market, I have been talking a lot about house prices over the last 12 months and 5 years in Stockport. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. [...]
WOULD YOU RE-MORTGAGE YOUR STOCKPORT HOME TO HELP YOUR CHILD ONTO THE PROPERTY LADDER?
How far would you go to help your child get on in the world? Many Stockport parents move area to ensure their child gets into the best primary school or fund their university costs. Many of you reading this have even helped your children with the deposit for their first [...]
The Quadrant, Offerton – NEW INSTRUCTION
Lawler and Co have just bought to the market this three bedroom extended semi detached property on The Quadrant in Offerton. The property does require some cosmetic updating, but with a guide price of £180,000 it would be a fantastic addition to any portfolio. After a little updating we [...]
Edwin Street
360 Living have brought to the market this two bedroom, mid terraced property in the heart of Offerton. The guide price is currently £140,000, and we would anticipate a rental return of £700pcm, leaving a 6% yield. The property is in a good condition, but requires a little TLC before [...]
Hall Street, Offerton NEW INTRSUCTION
Edward Mellor have just listed this two bedroom mid terrace property on Hall Street, Offerton. The property has parking to the rear and useful seller is providing ample storage space. Coming to the market of £205,000 and we expected to fetch around about £825 a month giving you a rental [...]
HAS BUY-TO-LET CHANGED THE STOCKPORT PROPERTY MARKET?
The ‘Buy-To-Let’ Mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer ‘Buy-To-Let’ (BTL) mortgages has changed the face of the Stockport (and national) property market? But has it been [...]
Property ready to be let out immediately!
Peter Anthony have up for sale this mid Terrace in a popular area of Gorton on Rockhampton Street, located near transport links to the city centre and other amenities. The property is in good condition and well presented, ready to be let out immediately to avoid as little void period [...]
STOCKPORT HOMEOWNERS TO BE MADE HOMELESS?
The number of properties for sale in Stockport has fallen by 29% since this time two years ago (October 2019). One of the reasons is that many Stockport buyers feel overwhelmed and fearful they will be made homeless if they sell their home and can’t buy another. So, I have [...]
BARNSLEY STREET
Bridgefords in Stockport have recently brought to the market this well presented, two bedroom, mid terrace property on Barnsley Street. Located in the popular Offerton, the property boasts local transport links and schools close by, ideal for working professionals or a small family. We would anticipate a rental return of [...]
scope to add value through refurbishment
Purple Bricks online Estate Agents have listed this two bedroom, semi detached property for sale in Portwood, Stockport, Sk1 - with a guide price of just £130,000! The property hit Rigthmove two days ago, and I'm sure in this market its sure to attract a lot of attention, particularly due [...]
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ABOUT THE BLOG
ANDREW SMIRTHWAITE – CO-AUTHOR
If you are thinking of buying, selling or letting out a property in Stockport, or just want some general property market related news and advice about the Stockport area please either pop in to my office, phone or drop me an e-mail. I look forward to speaking to you.
LIAM FOSTER – CO-AUTHOR
I am passionate about property and fascinated by the growing Stockport Lettings market. If you have any questions about lettings, rental returns and yields, tax and legal changes for landlords or anything else BTL related I would love to have a chat. So please pop into our branch, alternatively phone or e-mail me.