Looking for your next home or investment?

We partner with the best agents to help you find your dream house. We also partner with Strike to help you sell your property if you are moving out

Find your dream property:

See properties for sale

Sell your property with Strike:

Get a free valuation

Our customers trust our expertise

An outlook on houses for rent and sale on Rightmove in Balmerino

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ An outlook on houses for rent and sale on Rightmove in Balmerino

no relevant data for this city properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Balmerino contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.

We help you find the right agent

At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Balmerino to help you find the perfect agent for you

Download the directory

From Rightmove listings, what is the availability of green space in Balmerino

In Balmerino, the available data reveals that there are 32.6 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.

In the city of Balmerino, regarding Rightmove, what would it look like living in a HMO?

Currently, the number of licensed HMOs stands at no relevant data for this city that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Balmerino. Understanding where is best to rent in Balmerino involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

Properties to Rent in Balmerino on Rightmove

To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.

In Balmerino, here’s what Rightmove data says about social rent and affordable housing

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 Balmerino, the average amount that people earn per household is no relevant data for this city. 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.

Analysing the rate of education in Balmerino from Rightmove

When considering Balmerino, its population reaches 9343 individuals. It is useful to note that around no relevant data for this city of the residents have attained a higher level of education and the average household income in the area is no relevant data for this city. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.

On Rightmove, how are properties listed for sale?

Every month, properties are sold on the platform of Rightmove in Balmerino and you can explore the topics below related to sales that give you an overview of the market.

Balmerino’s rental yield on Rightmove explained

A serious investor will know what yield is and how to work it out. The formula is true for Balmerino 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 Balmerino 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.

In Balmerino, what are the number of planning permission applications on Rightmove?

The city of Balmerino, according to Rightmove listings, has a commendable planning success rate of no relevant data for this city and there are around no relevant data for this city that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Balmerino.

How can property investments be made using Rightmove data?

There is a fair amount of insight that you can gather from the city of Balmerino by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.

The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a

section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.


Number of bedrooms Average asking rent
1 no relevant data for this city
2 no relevant data for this city
3 no relevant data for this city
4 no relevant data for this city
5 no relevant data for this city


What are properties sold for on average on Rightmove?

In the area of Balmerino in the UK, the average sold price of a property is around £188,468. 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 £257,626
Semi detached house £189,202
Terraced house £160,095
Flat £125,758

A look into Rightmove’s Balmerino property as an Investment

As you delve into the property landscape of Balmerino in the region of Scotland, Rightmove becomes an invaluable resource that provides data that can be looked at every month.



Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at no relevant data for this city. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.



So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is no relevant data for this city. Every decade population change should also be considered. This figure stands at 3% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like Scotland.

FAQ

Uncover the typical property asking price in Balmerino through Rightmove data.

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Balmerino, the average cost of a home available for purchase is £188,468. You can compare these figures to see how far away this city is from the average.

Does exploring properties on Rightmove within Balmerino come with any fees you may not be aware of?

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 Balmerino’s vicinity?

The ongoing crime rate in Balmerino indicates no relevant data for this city instances for every 1000 citizens.

In Balmerino, 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.

On Rightmove, what is the average price of a three-bed property in Balmerino?

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.

Grab the latest property news, tailored for landlords

Viral, succinct and crucial information, straight to your inbox, every week

donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *