Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Annan, aiming to guide your investment decisions.
It’s worth noting that currently, no relevant data for this city properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.
According to Rightmove data in Annan, is it worth moving into a HMO?
In Annan, of the total number of licensed HMOs (no relevant data for this city) 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 Annan 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.
Will you be moving into somewhere with a lot of green space if you moved to Annan?
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 Annan, the current data indicates that there are 31.5 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.
Properties to Rent in Annan on Rightmove
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
What is the Rightmove data regarding social rent and affordable housing in Annan?
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: no relevant data for this city. Also, in Annan, the average amount that people earn per household is £400.00. 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 to examine income data from Rightmove for Annan
Within the city of Annan, the population amounts to 13145 individuals. Among these residents, it is notable that approximately no relevant data for this city hold a higher-level educational degree. Furthermore, the average household income in the area stands at £400.00. 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.
A list of properties for Sale in Annan on Rightmove
In the area, using Rightmove data, what are most people selling their property for?
In the area of Annan in the UK, the average sold price of a property is around £119,436. 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||£114,969|
On Rightmove, how many planning permission applications are there based in Annan?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Annan, the people who own homes in this area have a rate of planning success of no relevant data for this city. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Annan. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the no relevant data for this city that take place each month, this is likely the case a lot of the time.
A look into Rightmove’s Annan property as an Investment
In the area of Annan, Rightmove records consistent sales of no relevant data for this city properties each month, generating an average yearly turnover of no relevant data for this city. This turnover is just from property sales relative to the properties that there already are and -2% 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 Scotland by looking at further houses for sale here.
How can property investments be made using Rightmove data?
In Annan, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Annan, the average yield of properties is no relevant data for this city. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
|Number of bedrooms||Average asking rent|
|5||no relevant data for this city|
|4||no relevant data for this city|
|3||no relevant data for this city|
|2||no relevant data for this city|
|1||no relevant data for this city|
A closer look at rental yield on Rightmove in Annan
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Annan, there is an average of no relevant data for this city for rental yield.
Annan can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of no relevant data for this city is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
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 Annan is talked about below and in the following headings.
Discover the mean property value in Annan as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Annan, the average price of a house for sale in the area is £119,436
Are there any undisclosed expenses associated with property searches on Rightmove within Annan?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Based on Rightmove’s information, what’s the level of criminal activity in the Annan area?
The city of Annan currently has a crime rate where for every 1000 people who live there no relevant data for this city commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
In Annan, 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, you can look at the houses sold each month which is no relevant data for this city. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Annan?
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.