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.
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.
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.
This chart has indexed the levels of transactions for flats and houses over the last eight quarters. That means it takes the actual level of sales at the start of the period and converts them to 100, and then you can see the relative changes running up to the present. It should be noted that the smaller the number of properties, the more extreme the volatility.
The British press is being so hysterical about the UK property market at the moment, you’d be forgiven for thinking we were back in 2008 again, staring down the barrel of another credit crunch. This couldn’t be further from the truth. Week after week, more statistics come out revealing how buoyant the market is at the moment. Here are just three of the reasons why homeowners in Marple and Marple Bridge should be grinning.