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 Apsley so you can make the best decisions and make money on your property purchases. Getting involved in one of the 17 property deals that come off the market each month.
On Rightmove in Apsley, what properties are available to rent?
In Apsley, in terms of affordable housing and social rent, what does Rightmove data show?
Through some digging, we found the level of social rent in the area. Currently, this figure is 11% as the percentage of people who are leasing directly from the government. In the area of Apsley, the average household income is £50,545.24 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Concerning Rightmove, what is the education level like in Apsley?
Within the city of Apsley, the population amounts to 31927 individuals. Among these residents, it is notable that approximately 28% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £50,545.24. 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.
In the city of Apsley, regarding Rightmove, what would it look like living in a HMO?
When it comes to renting in Apsley, 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 £647 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 Apsley, giving you an idea of the variety and options available in the market.
By analysing Rightmove in Apsley, is there a lot of green, outdoor space?
Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Apsley, the current data indicates the presence of 31.5 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.
A list of properties for Sale in Apsley on Rightmove
Apsley’s rental yield on Rightmove explained
Rental yield in Apsley is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Apsley’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
A city such as Apsley has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
Investment analysis of Rightmove property in Apsley
In the area of Apsley, Rightmove records consistent sales of 17 properties each month, generating an average yearly turnover of 1.17. This turnover is just from property sales relative to the properties that there already are and 8% 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 East of England by looking at further houses for sale here.
What are properties sold for on average on Rightmove?
When exploring the property market in Apsley, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £399,556, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Average selling point
In terms of the number of planning permission applications on Rightmove, what should there be in Apsley?
Applying for planning permission in Apsley is something landlords tend to do if they want to add some value to their home. As of this month, there were 22 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 Apsley too, there is a decent amount of opportunity to buy, renovate and make a profit.
How to invest in property in Apsley using Rightmove data
Based on Rightmove, there is a lot of data you can gather about Apsley and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,406. 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 HP3, for a two bed is, no relevant data for this city, a three bed is £1,448. 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.
What is the average property price in Apsley on Rightmove?
At present, within the confines of Apsley, the mean price for houses listed for sale is £399,556.
Does exploring properties on Rightmove within Apsley come with any fees you may not be aware of?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
According to Rightmove data, how prevalent is crime in Apsley’s vicinity?
The current crime rate in Apsley is such that 72 incidents are recorded for every 1000 residents.
What’s the frequency of property sales per month in Apsley as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 17 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Apsley?
The mean asking price for a property featuring three bedrooms stands at £1,448.