NEW TO THE MARKET is this one bedroom first floor apartment situated on Sunfield, Romiley offering a fantastic yield of 6.5%. Situated in central Romiley and within walking distance to Romiley train station, local amenities and local schools this apartment will be ideal for a professional tenant or first time renters.
The apartment comprises of; a communal entrance, a lounge which spans over 19 feet length, a fitted kitchen with ample worktop and storage space, a double bedroom and a modern fitted bathroom. Externally the apartment provides communal gardens and off road parking.
In need of slight modernisation the apartment will achieve £500 per calendar month comfortably once works are complete. The fantastic 6.5% yield is based on that monthly rental figure.
Currently on the market with Thomas Lardner, Romiley for £92,500.
As one year ends and another begins, we thought we’d take a look at what’s happened in the Marple and The Bridge market over the last 12 months, and what a year it has been. It’s true that something of a ‘cold front’ has been moving across most of the country, but the strong fundamentals which underpin the SK6 market mean that we’re well placed to weather any storm.
A well presented two bedroom end of terrace located in a quite cul-de-sac with gardens to three sides. Ideally located within walking distance to Rose Hill train station and Primary school. This will appeal to the first time rental market especially.
In brief this home offers to the ground floor; entrance hallway with stairs leading to the first floor and useful storage, a spacious lounge / diner which spans the depth of the house giving a through light over looking both front and rear gardens. A modern breakfast kitchen has been installed by the current owners giving ample work surface and storage space with access to the rear garden.
The first floor reveals two double bedrooms, a light and airy landing and a three piece bathroom with storage.
Externally the property offers gardens to all three sides which are laid to lawn with the potential for off road parking (subject to the councils approval).
This property is ‘ready to move into’ and would achieve 4.9% yield, this is based on £650 per calendar month.
Currently on the market with Julian Wadden, Marple at £160,000.
They are ideally located in the centre of Marple Bridge village with an array of bars, restaurants, outstanding schools, beautiful scenery, and train station giving easy access to Manchester city centre.
The two semi-detached properties that are looking to be sold are 53 & 53a Lower Fold. No 53 comprises entrance hallway with a storage area/study area, separate lounge with the dining area being open plan to the kitchen. A useful porch can be found at the rear and a w/c and storage space can be found under the stairs. The first floor comprises of two spacious double bedrooms and a further good size single with a four piece bathroom suite.
No 53a comprises of an open plan ground floor with useful under stairs storage, a modern kitchen with ample storage and work surface. A rear hall with down stairs w/c. The first floor reveals two double bedrooms with a further single and a three piece bathroom suite.
The properties are currently yielding £19,200 pa with the potential to earn £21,600 pa. Both properties come with two parking spaces.
A rare investment opportunity.
Currently on the market with Julian Wadden, Marple at £500,000.
Further details have been released on the new relief Stamp Duty. For first-time buyers within England, Wales and Northern Ireland will no longer be liable for stamp duty land tax (SDLT) for up to £300,000.
Those claiming the relief will pay not SDLT on the first £300,000 of the consideration and 5% on any remainder. No relief will be available for first-time-buyers paying more than £500,000.
The new relief will apply to transactions with an effective date on or after 22 November 2017. However, from 1 April 2018 Wales will assume responsibility for setting its own land transaction tax rates.
A great day out for the little kids and the big kids! On the 15th December between 4pm and 5:30pm and 6pm and 7:30pm are hosting a Santa Claus supper. Tickets cost £10 for Children and £3.50 for Adults, with these tickets the children will receive a hot meal/drink/cupcake and present from Santa and not to forget the Adults will receive a tea or coffee, xmas cake or mince pie. So, defiantly worth a visit.
Santa Claus is coming to town on Friday evening 1st December, swapping his sleigh ride for a ‘Santa cruise’ on New Horizons narrow boat – a must-see for the little ones in the family.
Santa will be cruising by on a magical illuminated boat so look out for Santa, his elf and helpers. Starting their journey Goyt Mill and sail along to Marple Social and Forces Club on Limekiln Lane. The bridge at the Ring o’ Bells on Church Lane will be the first sighting of him. You can follow the narrowboat from the bridge to the club but torches are recommended as some of the paths are quite dark. It truly is a magical experience and brings the festive season to life with fun and excitement.
If you would like to take your children or grandchildren to meet Santa, you are asked to be at the club from 6.30pm where hot drinks and food will be available as well as drinks from the bar. Hazel Grove Brass Band and carol singers will help to create a lovely Yuletide atmosphere. Sweets, lucky dips and glow sticks are among the special treats lined up for the children.
Santa will arrive at 7pm so make sure you are there in good time to give him a rousing cheer and a warm welcome to Marple.
For more details please contact Phil Gould-Martin on 07887 571275 or Julie Smith on 07971 535877
If you haven’t already heard, first time buyers will NOT pay stamp duty up to £300,000 with immediate affect. We are still waiting on clarification if this applies to people who have already exchanged. This could save some first time buyers up to £5,000, which will certainly help people moving onto the property ladder.
As this will now bring more first time buyers out of the wood work it will increase demand at the lower end of the market place. The ripple effect of this will see demand for people to move up the property ladder, so larger family homes will also see the benefit.
This is great news to our local market and the UK property market as a whole, which is much needed due to the constant negative news stories surrounding the property market recently and Brexit causing uncertainty.
The other good news is funding for new builds will be supplemented by £44bn which should fuel a very positive housing market in 2018 and going forward.
If you would like any advice on how this may effect you directly please do not hesitate to contact me personally.