marple and marple bridge property blog

(covering marple, marple bridge, mellor and compstall)

Local occupancy ratings

Some people rattle around in their home like two beans in a can whilst others are packed in like sardines in a tin. There is a formula, created by the Office for National Statistics which gives the occupancy rating of each home. This number shows whether a property has the ‘right’ number of rooms given the number of people living there. This shows the picture in our local housing market.

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A superbly located property in the heart of Marple offering both capital growth and a healthy yield

This three bedroom mid terrace property is situated in the heart of Marple, a stone’s throw away from local amenities.

The property offers to the ground floor; entrance hallway with an electric stair lift which can be removed if required. The kitchen which is situated at the front of the property has ample worktop and storage space and also room for a dining table, at the rear of the property you will find the lounge with sliding glass doors that lead out onto the rear garden and patio area. The first floor reveals three well proportioned bedrooms and a family bathroom.

Externally the property offers off road parking at the front and an enclosed rear garden.

The potential yield you would look to achieve is 5%, this is based on £800 pcm.

Currently on the market with Julian Wadden, Marple for £190,000.

https://www.julianwadden.co.uk/property-details/27242774/cheshire/marple/highfield-road?page=1&instruction_type=Sale&address_keyword=Highfield+Road%2C+Marple%2C+Cheshire&minprice=&maxprice=&property_type=&showstc=1&showsold=0

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Property prices by house type

The last few years have been something of a rollercoaster ride for property markets up and down the country and our area is no different. Here we show how prices of different house types have changed relative to one another over time.

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The annual sales split (houses vs flats)

In some parts of the country, the split between a house and flat sales is very extreme while elsewhere there is more of a balance. It primarily comes down to the nature of the area and how densely populated it is. Rural, semi-rural and suburban areas are dominated by houses whereas urban districts are awash with flats. The chart shows the picture in our area.

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How best to increase the value of your home

When it comes to selling your home, a significant amount of your home’s resale value will depend on what’s happened to the Marple and Marple Bridge market as a whole. Here average sales values have risen by 17.2 percent over the last ten years. However, there are several tactical decisions you can make to push up the final price.

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A fantastic property located right in the centre of Marple offering a 5.8% yield

A fantastic opportunity to purchase a three bedroom ‘ready to move into’ property in the heart of Marple on Church Street.

The ground floor comprises of; a welcoming lounge, the kitchen/dining area is situated at the rear of the property, the modern fitted kitchen has ample worktop and storage space and has an integrated fridge/freezer. There is also a handy storm porch ideal for taking off your muddy shoes and coats. The first floor reveals three bedrooms, two doubles and a single. The modern fitted family bathroom completes the floor.

Externally the property offers a rear private courtyard and on the road parking.

The yield you would look to achieve on this property would be 5.8%, this is based on £725 per calendar month.

A fantastic opportunity to acquire a property which is ‘ready to rent’.

Currently on the market with Julian Wadden, Marple at £150,000.

https://www.julianwadden.co.uk/property-details/27385492/cheshire/marple/church-street?page=1&instruction_type=Sale&address_keyword=Church+Street%2C+Marple%2C+Cheshire&minprice=&maxprice=&property_type=&showstc=1&showsold=0

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A fantastic opportunity to acquire a property offering a rare 7.3% yield in Marple

A fantastic opportunity to acquire a one bedroom flat on the sought after Ley Hey Road, Marple offering over a 7% yield once works are completed.

In need of modernisation is this one bedroom flat; offering an entrance hall, a large lounge and separate kitchen area, a well proportioned double bedroom with built in wardrobes and a family bathroom. There is lots of useful storage cupboards also.

Externally the flat offers a single garage, parking for your vehicle and communal gardens.

Situated on Ley Hey Road this property is right in the heart of Marple, a stone’s throw away from the centre, local amenities and train station.

The yield you would look to achieve from this property is 7.3% this is based on £550 pcm, this figure will be achievable once works have been completed.

Currently on the market with Reeds Rains, Marple at £90,000.

http://www.rightmove.co.uk/property-for-sale/property-53845659.html

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How many cars per household?

The profile of car ownership is a great signal of the practical needs of residents in a local market. Most households have a car, but the number owned varies enormously based on the type of area. For example if you live in a one bedroom flat in a city you’re much less likely to own a car than if you live in a commuter suburb.

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Welcome to Megan

Welcome to Megan who has joined our busy Marple team as a Professional Viewer.

 

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Prices in last few months (flat vs house)

We wanted to take a look at how overall average prices of flats and houses have changed in the last eight months. This is quite a short time frame so there’s a fair bit of volatility from month to month but the story it tells is an interesting one nonetheless.

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