What kind of listings are on the platform Rightmove in Bedlington?

14 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.
Bedlington 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.

How much green space do properties have in Bedlington according to Rightmove?

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 Bedlington, the available data reveals that there are 33.7 acres of green space per thousand residents. For health reasons, there should be 6 acres.

What are the number of HMOs on Rightmove that are licenced in the area of Bedlington?

In Bedlington, of the total number of licensed HMOs (nan) 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 Bedlington 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.

In Bedlington, what property are people trying to rent on Rightmove?

Analysing the rate of education in Bedlington from Rightmove

Within the city of Bedlington, the population amounts to 18093 individuals. Among these residents, it is notable that approximately 19% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £37,267.86. 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.

What is the Rightmove data regarding social rent and affordable housing in Bedlington?

Through some digging, we found the level of social rent in the area. Currently, this figure is 9% as the percentage of people who are leasing directly from the government. In the area of Bedlington, the average household income is £37,267.86 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.

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 Bedlington on the platform of Rightmove

How can property investments be made using Rightmove data?

In the area, average asking rents are around no relevant data for this city. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are no relevant data for this city.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Bedlington.

What is a commons purchase price for property on Rightmove?

Using Rightmove, there is an average sold price of property that is £136,939 in Bedlington. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.

In terms of the number of planning permission applications on Rightmove, what should there be in Bedlington?

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 Bedlington, this number is 3 every month and the success rate for planning permission is 90%.
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 Bedlington, you may be able to do the same and make some money.

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

Bedlington’s rental yield on Rightmove explained

Bedlington averages at no relevant data for this city for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is no relevant data for this city in Bedlington, is worked out by dividing the net rental income of a property by the purchase price.

Investment analysis of Rightmove property in Bedlington

As you delve into the property landscape of Bedlington in the region of North East, 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 14. 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 nan. 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 North East.

FAQ

What is the average property price in Bedlington on Rightmove?

At present, within the confines of Bedlington, the mean price for houses listed for sale is £136,939.

In the process of property hunting on Rightmove in Bedlington, do hidden costs come into play?

Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.

Is there a lot of crime in the area of Bedlington according to Rightmove?

The current crime rate in Bedlington is such that 13200% incidents are recorded for every 1000 residents.

What’s the frequency of property sales per month in Bedlington as reported by listing portals?

14 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to

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

Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.