In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Ancton so you can make the best decisions and make money on your property purchases. Getting involved in one of the 23 property deals that come off the market each month.
Properties to Rent in Ancton on Rightmove
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 Ancton, in terms of affordable housing and social rent, what does Rightmove data show?
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, 5% of individuals in Ancton rely on government rent and the average household income in the district is £45,146.15.
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.
How to examine income data from Rightmove for Ancton
In the city of Ancton, the population is 28866. Out of all of these people, it is worth noting the education level. 22% have a degree (a higher level educational degree). Also, the average household income of the area is £45,146.15. 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.
A list of properties for Sale in Ancton on Rightmove
Ancton’s rental yield on Rightmove explained
Ancton averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Ancton, is worked out by dividing the net rental income of a property by the purchase price.
On Rightmove, how many planning permission applications are there based in Ancton?
In the UK, planning applications result in a success rate of 82% most of the time. In Ancton, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.
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 15 monthly planning applications in Ancton, 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.
A quick insight into Rightmove property Ancton
When considering buying a house for an investment in the area of South East, 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 23. 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 Ancton 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 8%. So, you can make of that as you will.
In the area, using Rightmove data, what are most people selling their property for?
In the area of Ancton in the UK, the average sold price of a property is around £309,266. 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|
|Semi detached house||£279,468|
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 Ancton to other regions.
How can property investments be made using Rightmove data?
Rightmove data can tell you a lot about the average asking rents of the area of Ancton. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The £0 which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is £1,321.
|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|
By analysing Rightmove in Ancton, is there a lot of green, outdoor space?
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 Ancton, the available data reveals that there are 19.5 acres of green space per thousand residents. For health reasons, there should be 6 acres.
In the city of Ancton, regarding Rightmove, what would it look like living in a HMO?
When it comes to renting in Ancton, 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 £600 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 Ancton, giving you an idea of the variety and options available in the market.
Uncover the typical property asking price in Ancton through Rightmove data.
At present, within the confines of Ancton, the mean price for houses listed for sale is £309,266.
Are there any undisclosed expenses associated with property searches on Rightmove within Ancton?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Ancton?
The ongoing crime rate in Ancton indicates 8600% instances for every 1000 citizens.
How many monthly property sales does Ancton witness according to listing platforms?
23 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
What’s the average cost of a three-bedroom property in Ancton as per Rightmove data?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.