27 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.
Bidston 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.
In the city of Bidston, regarding Rightmove, what would it look like living in a HMO?
Currently, the number of licensed HMOs stands at 1 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 Bidston. Understanding where is best to rent in Bidston involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
How much outdoor space is there in Bidston?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Bidston, the current data indicates that there are 17.7 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
In Bidston, what property are people trying to rent on Rightmove?
What is the Rightmove data regarding social rent and affordable housing in Bidston?
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, 17% of individuals in Bidston rely on government rent and the average household income in the district is £36,521.05.
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.
Analysing the rate of education in Bidston from Rightmove
Within the city of Bidston, the population amounts to 38582 individuals. Among these residents, it is notable that approximately 24% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £36,521.05. 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.
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
On Rightmove, how are properties listed for sale?
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Bidston is talked about below and in the following headings.
In Bidston, what are the number of planning permission applications on Rightmove?
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 Bidston, this number is 8 every month and the success rate for planning permission is 92%.
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 Bidston, you may be able to do the same and make some money.
A look into Rightmove’s Bidston property as an Investment
As you delve into the property landscape of Bidston in the region of North West, 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 27. 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 1.6. Every decade population change should also be considered. This figure stands at 2% 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 West.
Is it important to look at yield in Bidston in further detail?
A serious investor will know what yield is and how to work it out. The formula is true for Bidston 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 Bidston 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.
What are properties sold for on average on Rightmove?
In the area of Bidston in the UK, the average sold price of a property is around £179,518. 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|
|Semi detached house||£179,615|
Property investment opportunities presented on Rightmove in the city of Bidston
Rightmove data can tell you a lot about the average asking rents of the area of Bidston. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The £0 which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is £693.
|no relevant data for this city||5|
|no relevant data for this city||4|
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In the city of Bidston, what is the median property price?
In Bidston, the mean price for residential properties up for sale is £179,518. The mean price for the average property valuation across the UK is £286,000.
Does exploring properties on Rightmove within Bidston 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.
Is there a lot of crime in the area of Bidston according to Rightmove?
In Bidston, the prevailing crime rate results in 8500% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
How many monthly property sales does Bidston witness according to listing platforms?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 27 properties are being sold every month.
On Rightmove, how much does a three-bed property typically cost in Bidston?
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