4 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Abergynolwyn contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
According to Rightmove data from Abergynolwyn, what properties are renting?
How to examine income data from Rightmove for Abergynolwyn
When considering Abergynolwyn, its population reaches 4660 individuals. It is useful to note that around 21% of the residents have attained a higher level of education and the average household income in the area is £34,188.24. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
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.
In Abergynolwyn, here’s what Rightmove data says about social rent and affordable housing
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 8% in Abergynolwyn. And they have an average household income of £34,188.24. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
How many HMOs are licenced in the city of Abergynolwyn on Rightmove?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Abergynolwyn.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Abergynolwyn, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
How much green space do properties have in Abergynolwyn according to Rightmove?
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 Abergynolwyn, the available data reveals that there are 50.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
A list of properties for Sale in Abergynolwyn on Rightmove
Is it important to look at yield in Abergynolwyn in further detail?
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 Abergynolwyn 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 Abergynolwyn, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
A quick insight into Rightmove property Abergynolwyn
In the area of Abergynolwyn, Rightmove records consistent sales of 4 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 3% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of Wales by looking at further houses for sale here.
What are properties sold for on average on Rightmove?
The average sold price of properties in Abergynolwyn, UK, available on Rightmove is £170,568. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
The greater the number of sales per month in the area of Abergynolwyn, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
On Rightmove, how many planning permission applications are there based in Abergynolwyn?
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 Abergynolwyn, this number is 2 every month and the success rate for planning permission is 84%.
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 Abergynolwyn, you may be able to do the same and make some money.
How can property investments be made using Rightmove data?
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 Abergynolwyn.
|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|
Frequently asked Questions
Discover the mean property value in Abergynolwyn as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Abergynolwyn, the average price of a house for sale in the area is £170,568
Does exploring properties on Rightmove within Abergynolwyn come with any fees you may not be aware of?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Is there a lot of crime in the area of Abergynolwyn according to Rightmove?
The current crime rate in Abergynolwyn is such that 6700% incidents are recorded for every 1000 residents.
How many monthly property sales does Abergynolwyn witness according to listing platforms?
To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 4 as of recent data.
What’s the usual price range for a three-bedroom property on Rightmove in Abergynolwyn?
For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.