I’ve decided to add something to the blog this morning which i think offers great potential. Its a 3 Bedroom semi-detached home in Offerton on Bonis Crescent which is a very popular area. It came to the market two days ago with a guide price of £250,000.
A two bedroom terrace came to the market last Friday which i think would make a brilliant investment. Its Within walking distance to Stockport train station, has permit parking and a guide price of £99,950!
At £572.60, average weekly expenditure (all costs, adjusted for inflation) per household in the UK is at it its highest level since the financial year 2004–2005, according to data published in January 2019 by the Office for National Statistics.
At £632.00 per week, households in owner occupation spend on average £52 more per week than those in the private rented sector at £580.10.
Across the UK, the average weekly amount spent on a mortgage is £159.60, equivalent to 27% of total weekly expenditure. 44% of weekly mortgage costs are attributed to interest payments.
For those in the private rented sector, rental costs account for 26% of weekly expenditure. Across London and Wales, the average spend on rent per week is higher than the average spent on a mortgage. In all but four regions, the differential is less than £20 per week.
I was lucky enough to take a tour around the stunning Cherry Tree House development last week. The conversion of the old hospital is coming on well and the foundations are in on the new build section – it is shaping up to be a truly stunning project!
You can register your interest now by e-mailing me at email@example.com. We are expecting full pricing, measurements and floorplans to be released at the end of February/start of March, with a completion date estimated at August 2019.
Currently on the market with MBRE is this locally listed building. The development has planning in place (Part refurbishment/part new build) to convert to 14 apartments over three floors (9x one bedroom and 5x two bedroom) with three commercial units reserved for the ground floor.
Located in the heart of Stockport town centre fronting the Wellington Bridge/main A6 adjacent to the new £85M proposed bus depot redevelopment – this could be a very shrewd investment.
The Mayor is to work with Stockport Council to bring forward a Mayoral Development Corporation (MDC) for the town which will look to unlock development sites and accelerate the speed of transformation within Stockport’s Town Centre. It is the first time MDC powers have been used to regenerate a town centre.
Key to this is Stockport Council’s vision for Town Centre West, an urban village that would adapt the town centre to meet changing demands nationally.
As a walkable neighbourhood in the heart of Stockport, it’s hoped that Town Centre West will become Greater Manchester’s newest, greenest and coolest affordable urban neighbourhood. It will provide a choice of homes and workspace where residents and business will have enviable access to public transport and be amongst the best connected in the region. And as Stockport’s popularity as somewhere to live grows, new homes on brownfield sites across the borough become a priority, with developments like the Former Sorting Office site on the A6 already planned to start on site soon.
This means Stockport has significantly reduced the amount of land they need to release for development in the Green Belt. At the same time the Council wants to bring new homes across all tenures, and all of the supporting amenities, into the town centre, giving more people the chance to come and live in the heart of Stockport.
Councillor Kate Butler, Stockport Council’s Cabinet Member for Economy and Regeneration said: “We need to bring new homes into Stockport for the future, but are doing all we can to protect our borough’s green spaces. The Mayoral Development Corporation will help drive these developments shaping the future of our town. “As these plans for the MDC develop, we’d like residents and businesses to have their say for how it would bring change to our town centre.”
If consultation for the MDC is given the go-ahead by leaders at the meeting on Friday, residents and businesses will be able to have their say on these important documents. An online consultation will also be launched asking for your views on the MDC, as well as writing to all of the businesses in the Town Centre West area.
Greater Manchester’s Plan for Jobs, Homes and the Environment – the Greater Manchester Spatial Framework (GMSF) – has been radically rewritten and the net loss of green belt has been reduced by more than half.
At the same time, leaders are also focusing on: plans for transport links for people to get around the city-region improvements to the environment to clean up our air, and new opportunities for people to access great jobs by attracting the best companies and building our citizens’ skills.
The Mayor said: “In this time of national social and economic uncertainty, and with politics in Westminster paralysed by Brexit, Greater Manchester is taking the initiative and setting out an innovative blueprint to give people, communities and businesses hope and confidence for the future. “When we consulted people on the first spatial framework, the public were clear that we hadn’t got the balance right. We listened, reflected, and can now present a radical re-write as promised. It also lays the foundations for radical reform in other policy areas such as housing, the environment and transport. “Together, we are harnessing the full power of the most advanced devolution deal of any city-region in England for the benefit of our three million residents. And we are putting together the pieces of the jigsaw to reveal the big picture – a Greater Manchester where prosperity, opportunity, health, hope and happiness are widely and fairly shared across all our people and places.”
As demonstrated over Christmas, towns across the country are struggling under an old model as hotspots for shopping and commerce with footfall declining and consumers instead opting to shop online. Greater Manchester’s planned reinvention of these well-developed and well-connected urban spaces ushers in a bold new era for swathes of the city-region.
“The shift towards redeveloping our towns not only breathes new life into them but also relieves pressure to build on the city-region’s green belt,” the Mayor added. “Towns are ideally suited to a bold new future as centres for 21st century living – they are developed urban spaces with local amenities close by as well as existing transport hubs for our buses, trams, trains and roads. “It is a tough time for the high-street, but with Greater Manchester’s bold vision we can make our proud towns a success story once again.”
Transport is at the heart of the city-region’s ongoing success. Greater Manchester’s 2040 Transport Strategy Delivery Plan sets out all the transport improvements to be implemented by 2025, as well as longer-term plans that will in part ensure the success of the GMSF. The transport plan identifies more than 65 projects that will be completed within the next five years, including a £160m new walking and cycling infrastructure across all 10 districts, expanding the city-region’s electric vehicle charging network and the new interchange in Stockport. Greater Manchester’s vision is that by 2040, half of all daily trips in Greater Manchester will be made by public transport, cycling and walking, especially those shorter journeys around local neighbourhoods. This will mean a million more trips each day using sustainable modes of travel. Poor air quality is now the biggest environmental risk to public health facing the UK, and Greater Manchester has been working hard for some time to clean up our air. A coordinated plan to bring levels of nitrogen dioxide (NO2) within legal limits is currently being developed by all 10 local authorities in Greater Manchester, working closely with GMCA and TfGM.
Andy added: “As we outline the city-region’s new plans for homes and jobs, transport infrastructure, clean air and the environment, I want to highlight Greater Manchester’s commitment to putting people at the heart of everything we do. We are a city-region with a radical spirit in our DNA – we have always delivered industrial innovations whilst never forgetting the people that power that economy. “Greater Manchester’s Plan for Jobs, Homes and the Environment is a plan for the people, set to make Greater Manchester the very best place to grow up, get on and grow old.”