Rightmove properties listed in the city of Aberedw

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 Aberedw 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 4 number of properties that are sold.

Home listings in Aberedw on the platform of Rightmove

Investment analysis of Rightmove property in Aberedw

When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of Wales. However, you can find data for the wider region here.

It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of Wales.

Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Aberedw to other regions.

In Aberedw, analysing Rightmove, what are the number of planning permission applications?

In the UK, planning applications result in a success rate of 82% most of the time. In Aberedw, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 90%.

This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 2 monthly planning applications in Aberedw, property here is more difficult to conduct improvements on.

If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.

If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.

Aberedw’s rental yield on Rightmove explained

A serious investor will know what yield is and how to work it out. The formula is true for Aberedw and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Aberedw the figure is no relevant data for this city.
This no relevant data for this city as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.

How can property investments be made using Rightmove data?

There is a fair amount of insight that you can gather from the city of Aberedw by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.

The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a

section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.

In the area, using Rightmove data, what are most people selling their property for?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Aberedw. With an overall sold price of approximately £202,874, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.

On Rightmove in Aberedw, what properties are available to rent?

Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.

Concerning Rightmove, what is the education level like in Aberedw?

Within the city of Aberedw, the population amounts to 5645 individuals. Among these residents, it is notable that approximately 26% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £35,030.00. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.

What is the outlook for social rent and affordable housing according to Rightmove in Aberedw?

There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 2%. Also, in Aberedw, the average amount that people earn per household is £35,030.00. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.

How much outdoor space is there in Aberedw?

Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Aberedw, the available data reveals that there are 22.2 acres of green space per thousand residents. For health reasons, there should be 6 acres.

How many HMOs are licenced in the city of Aberedw on Rightmove?

In Aberedw, 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 Aberedw 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.

FAQ

What is the average property price in Aberedw on Rightmove?

In Aberedw, the mean price for residential properties up for sale is £202,874. The mean price for the average property valuation across the UK is £286,000.

Does exploring properties on Rightmove within Aberedw come with any fees you may not be aware of?

It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.

Is there substantial criminal activity in the area around Aberedw as indicated by Rightmove?

The ongoing crime rate in Aberedw indicates 5900% instances for every 1000 citizens.

In Aberedw, how many sales per month are there according to listing portals?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 4 properties are being sold every month.

What’s the average cost of a three-bedroom property in Aberedw as per Rightmove data?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.