In this overview, we’ll delve into the Rightmove data for Ammanford, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 15 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
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According to Rightmove data in Ammanford, is it worth moving into a HMO?
When it comes to renting in Ammanford, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Ammanford, giving you an idea of the variety and options available in the market.
From Rightmove listings, what is the availability of green space in Ammanford
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 Ammanford, the current data indicates that there are 20.8 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.
A list of properties for Sale in Ammanford on Rightmove
Average sold prices of properties on Rightmove
In the area of Ammanford in the UK, the average sold price of a property is around £147,152. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
Type of property | Average sold price |
---|---|
detached house | £198,325 |
Semi detached house | £120,725 |
Terraced house | £97,972 |
Flat | no relevant data for this city |
An overview of Ammanford property in Rightmove from an investment perspective
In the area of Ammanford, Rightmove records consistent sales of 15 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 4% 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.
On Rightmove, how many planning permission applications are there based in Ammanford?
Applying for planning permission in Ammanford is something landlords tend to do if they want to add some value to their home. As of this month, there were 9 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Ammanford too, there is a decent amount of opportunity to buy, renovate and make a profit.
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Ammanford is talked about below and in the following headings.
A closer look at rental yield on Rightmove in Ammanford
A serious investor will know what yield is and how to work it out. The formula is true for Ammanford 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 Ammanford 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 Rightmove listings in Ammanford help you make an investment
Based on Rightmove, there is a lot of data you can gather about Ammanford and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is no relevant data for this city. and the average asking rent based on Rightmove data is no relevant data for this city. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is SA18, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
Properties to Rent in Ammanford on Rightmove
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
What is the outlook for social rent and affordable housing according to Rightmove in Ammanford?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 15% of individuals in Ammanford rely on government rent and the average household income in the district is £34,972.22.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
Understanding education levels in the area of Ammanford
In the city of Ammanford, the population is 29740. Out of all of these people, it is worth noting the education level. 21% have a degree (a higher level educational degree). Also, the average household income of the area is £34,972.22. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
Frequently Asked Questions by Rightmove users
How much does the average property cost in Ammanford according to Rightmove data?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Ammanford, the average cost of a home available for purchase is £147,152. You can compare these figures to see how far away this city is from the average.
On Rightmove, are there any hidden costs when searching for property in the city of Ammanford?
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 substantial criminal activity in the area around Ammanford as indicated by Rightmove?
The current crime rate in Ammanford is such that 82 incidents are recorded for every 1000 residents.
According to online listings, what’s the count of property transactions per month in Ammanford?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 15. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
On Rightmove, how much does a three-bed property typically cost in Ammanford?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices
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