In this overview, we’ll delve into the Rightmove data for Bean, 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 15 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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Properties for sale in Bean on Rightmove
In Bean, analysing Rightmove, what are the number of planning permission applications?
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 Bean, this number is 16 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 Bean, you may be able to do the same and make some money.
Is it important to look at yield in Bean in further detail?
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 Bean, there is an average of £0 for rental yield.
Bean 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 £0 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.
How can property investments be made using Rightmove data?
There is a fair amount of insight that you can gather from the city of Bean 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, £0 is the average rental yield and the average asking rent is £1,535.
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 | DA2 |
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 is a commons purchase price for property on Rightmove?
The average sold price of properties in Bean, UK, available on Rightmove is £353,420. 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 | £203,283 |
Terraced house | £314,420 |
Semi-detached house | £360,968 |
detached house | £553,796 |
Exploring Bean’s real estate investment potential on Rightmove
When considering buying a house for an investment in the area of Greater London, 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 15. 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 Bean 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 18%. So, you can make of that as you will.
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 Bean to other regions.
On Rightmove and in Bean, how many HMOs are licenced?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Bean.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Bean, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
Will you be moving into somewhere with a lot of green space if you moved to Bean?
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 Bean, the available data reveals that there are 24.7 acres of green space per thousand residents. For health reasons, there should be 6 acres.
According to Rightmove data from Bean, what properties are renting?
Concerning Rightmove, what is the education level like in Bean?
In the city of Bean, the population is 22412. Out of all of these people, it is worth noting the education level. 21% have a degree (a higher level educational degree). Also, the average household income of the area is £46,729.73. 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.
In Bean, 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: 11%. Also, in Bean, the average amount that people earn per household is £46,729.73. 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.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
FAQ
In the city of Bean, what is the median property price?
At present, within the confines of Bean, the mean price for houses listed for sale is £353,420.
Are there any undisclosed expenses associated with property searches on Rightmove within Bean?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Is there a lot of crime in the area of Bean according to Rightmove?
The ongoing crime rate in Bean indicates 13600% instances for every 1000 citizens.
According to online listings, what’s the count of property transactions per month in Bean?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 15 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Bean?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices
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