In this overview, we’ll delve into the Rightmove data for Aylestone, 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 58 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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How many HMOs are licenced in the city of Aylestone on Rightmove?
When it comes to renting in Aylestone, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is £1,821. 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 £467 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 Aylestone, giving you an idea of the variety and options available in the market.
From Rightmove listings, what is the availability of green space in Aylestone
In Aylestone, the available data reveals that there are 19.2 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.
On Rightmove in Aylestone, what properties are available to rent?
What is the Rightmove data regarding social rent and affordable housing in Aylestone?
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, 12% of individuals in Aylestone rely on government rent and the average household income in the district is £43,553.85.
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 Aylestone
In the city of Aylestone, the population is 118270. Out of all of these people, it is worth noting the education level. 25% have a degree (a higher level educational degree). Also, the average household income of the area is £43,553.85. 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.
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.
Home listings in Aylestone on the platform of Rightmove
Average sold prices of properties on Rightmove
The average sold price of properties in Aylestone, UK, available on Rightmove is £225,933. 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 |
---|---|
Flat | £132,566 |
Terraced house | £172,986 |
Semi-detached house | £219,556 |
detached house | £368,660 |
Property investment opportunities presented on Rightmove in the city of Aylestone
Based on Rightmove, there is a lot of data you can gather about Aylestone 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 £878. 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 LE2, for a two bed is, £682, a three bed is £937. Finally, a four bed average asking price is £1,129, and a five bed, £1,437. 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.
The greater the number of sales per month in the area of Aylestone, 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.
A deep dive into rental yield and how this impacts Aylestone
A serious investor will know what yield is and how to work it out. The formula is true for Aylestone 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 Aylestone the figure is £0.
This £0 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.
On Rightmove, how many planning permission applications are there based in Aylestone?
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 Aylestone, this number is 29 every month and the success rate for planning permission is nan.
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 Aylestone, you may be able to do the same and make some money.
Exploring Aylestone’s real estate investment potential on Rightmove
In the area of Aylestone, Rightmove records consistent sales of 58 properties each month, generating an average yearly turnover of 0.39. 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 Midlands by looking at further houses for sale here.
FAQ
In the city of Aylestone, what is the median property price?
The average property price for the UK currently stands at £286,000. In the local area of Aylestone, the average price of a house for sale in the area is £225,933
In the process of property hunting on Rightmove in Aylestone, do hidden costs come into play?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
According to Rightmove data, how prevalent is crime in Aylestone’s vicinity?
In Aylestone, the prevailing crime rate results in 11100% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
In Aylestone, how many sales per month are there according to listing portals?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 58. To learn more about houses for sale and why this data is important
According to Rightmove, what’s the mean price of a three-bedroom property in Aylestone?
The mean asking price for a property featuring three bedrooms stands at £937.
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