August 7, 2018
A must view if you are looking to acquire a rental property offering a 7% yield in SK6. This two bedroom semi-detached property on Marina Road, Bredbury offers off road parking at the front, a large rear garden and spacious accommodation internally. The property is in need of substantial cosmetic work inside but offers the opportunity to create a modern, well presented rental property that will attract a wide range of tenants.
The property comprises to the ground floor; a bay fronted lounge which is well proportioned, the kitchen/diner is at the rear and comes complete with a useful downstairs WC which is located under the stairs, this room would benefit from the addition of French doors that would lead out onto rear garden. The first floor reveals two double bedrooms and a fitted shower room. Externally the property offers off road parking at the front and a large rear garden which spans approximately 50 feet in length and benefits from a separate patio and lawned area.
The yield is definitely the selling feature of this property offering a rare 7%, this is based on £700 pcm which would be achievable once works are completed.
Currently on the market with Edward Mellor, Woodley for £120,000.
July 31, 2018
This two bedroom flat is situated in a convenient central location in Romiley. Offering an open plan lounge/dining area with a fully fitted kitchen with appliances, two good sized double bedrooms and a separate bathroom. The added benefit of this apartment is that there is potential to create more rooms upstairs in the loft space or equally this space can be used as a handy storage area as it is at the moment.
The property is in a highly desirable location within walking distance to Romiley Train Station which provides a regular train link to Manchester City Centre. The M60 is a few minutes drive away which provides links to major motorways.
The yield you would be able to achieve is 5%, this is based on the rental figure of £550 pcm. The central location and size of the apartment should make this very desirable.
Currently on the market for £130,000 with Bridgfords, Marple.
July 27, 2018
A recently renovated two bedroom garden fronted terraced house which is ideally placed for access to local amenities such as shops, public houses, schools, Bredbury Train Station and the M60 motorway.
This ready to rent terrace comprises to the ground floor; an entrance vestibule, hallway, front lounge, rear dining room and a modern fitted kitchen which spans over 13 feet in length. The first floor benefits from two bedrooms, one double and a large single and a spacious modern fitted bathroom.
Externally there are garden areas to both front and the rear with the rear garden having potential vehicular access and certainly ideal for storage of a motor bike.
The property is available with no onwards chain.
The potential yield you would look to achieve is 5.8% yield, this is based on £650 per calendar month.
Currently on the market with Edward Mellor, Woodley for £134,950.
July 26, 2018
As great supporters of the Carnival, we thought we would share the details on how you can get involved.
July 26, 2018
We are excited to share that our 3rd Treasure Hunt raised £2,154 and along with all other money raised, the friends of Marple Memorial park are going to buy new equipment in the Infants Play Area, and the award of a £1,000 grant from the Autotrader Community Fund, Friends of the Park are pleased to announce that a new Ocean See-Saw has been ordered and is due to be installed in late September / early October 2018. We are so pleased the Treasure Hunt was a great success!
July 26, 2018
The Marple Fire Fighters have organised a charity 10K Race on Saturday 8th September. You don’t have to be a great runner to participate, runners of all levels are welcome. The run starts at Rose Hill, at the beginning of the Middlewood Way. It is advised for runners to gather from 9:30am and you will need to register before 10.30am if registering on the day. The approximate start time is 11am.
July 18, 2018
Measuring commuting distance might seem a little obscure but it actually offers a particularly good insight into the character of any local housing market. For example, commuter towns tend to really come alive at the weekends but are quieter in the week. Areas where most people work locally will have a stronger community feel day-to-day.
July 18, 2018
This two double bedroom flat is on The Ridgway in Romiley and offers the potential investor a yield of over 6%, the property is in need of cosmetic work throughout and offers communal areas including lawns and a patio area.
This first floor flat comprises of a communal entrance hallway with stairs leading up to the flat entrance, the ‘L shaped’ lounge/dining area is well proportioned and offers spacious living accommodation, the modern fitted kitchen has ample worktop and cupboard space, the two double bedrooms look like they need some TLC, purely cosmetic work and the bathroom completes the flat. Externally the property offers communal areas which are regularly maintained.
The property has the potential to offer anywhere between 6% to 6.6% yield, which is great for the area especially in Romiley, you don’t tend to see yields over 5%. These yields are based on £500 to £550 per calendar month, this is dependant on the standard of the completed works and the finish.
Currently on the market for £99,950 with Edward Mellor, Woodley.
July 16, 2018
It won’t come as any massive shock that houses are generally worth more than flats in our area. However, when it comes to the movements over time, these two broad types of property do not always behave similarly. Here we see how flats and houses have varied in price.
July 12, 2018
The property market fluctuates on a seasonal basis, and this is particularly the case for sales rates. This chart shows how the market has changed over the course of the last few months. The most recent periods are estimates based on the previous year’s pattern.