Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Abbeycwmhir and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 9 number of properties that are sold.
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How much green space do properties have in Abbeycwmhir according to Rightmove?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Abbeycwmhir, the current data indicates that there are 22.2 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
In the city of Abbeycwmhir, regarding Rightmove, what would it look like living in a HMO?
In Abbeycwmhir, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Abbeycwmhir is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
A list of properties for Sale in Abbeycwmhir on Rightmove
In Abbeycwmhir, analysing Rightmove, what are the number of planning permission applications?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Abbeycwmhir, this number is 4 every month and the success rate for planning permission is 85%.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Abbeycwmhir, you may be able to do the same and make some money.
Abbeycwmhir’s rental yield on Rightmove explained
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Abbeycwmhir is no relevant data for this city.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of no relevant data for this city for comparison.
Usually, when looking to invest in Abbeycwmhir, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
Exploring Abbeycwmhir’s real estate investment potential on Rightmove
When considering buying a house for an investment in the area of Wales, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is 9. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Abbeycwmhir it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 0%. So, you can make of that as you will.
Property investment opportunities presented on Rightmove in the city of Abbeycwmhir
In the area, average asking rents are around no relevant data for this city. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are no relevant data for this city.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Abbeycwmhir.
| Average asking rent | Number of bedrooms in house |
|---|---|
| no relevant data for this city | 5 |
| no relevant data for this city | 4 |
| no relevant data for this city | 3 |
| no relevant data for this city | 2 |
| LD1 | 1 |
What is a commons purchase price for property on Rightmove?
When exploring the property market in Abbeycwmhir, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £188,693, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
| Property type | Average selling point |
|---|---|
| detached house | £223,066 |
| Semi-detached house | £155,008 |
| Terraced house | £131,186 |
| Flat | £66,352 |
A city such as Abbeycwmhir has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
According to Rightmove data from Abbeycwmhir, what properties are renting?
Understanding education levels in the area of Abbeycwmhir
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £35,030.00 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Abbeycwmhir’s demographics also reveal a population of 11158 individuals and a percentage of people with degrees falling at 24%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
What is the level of Rightmove affordable housing and social rent in Abbeycwmhir?
Through some digging, we found the level of social rent in the area. Currently, this figure is 3% as the percentage of people who are leasing directly from the government. In the area of Abbeycwmhir, the average household income is £35,030.00 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
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