25 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.
Biggin 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.
Properties to Rent in Biggin on Rightmove
What is the outlook for social rent and affordable housing according to Rightmove in Biggin?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 7% in Biggin. And they have an average household income of £40,546.15. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
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.
Concerning Rightmove, what is the education level like in Biggin?
When considering Biggin, its population reaches 72134 individuals. It is useful to note that around 25% of the residents have attained a higher level of education and the average household income in the area is £40,546.15. 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.
What are the number of HMOs on Rightmove that are licenced in the area of Biggin?
Currently, the number of licensed HMOs stands at nan 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 £519.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Biggin. Understanding where is best to rent in Biggin involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
How much green space do properties have in Biggin according to Rightmove?
Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Biggin, this is 21.0. Compare this figure of 6 which is recommended to have and the data for Biggin to tell how much green space is around.
In Biggin, what does the property sales data look like based on Rightmove?
A look into Rightmove’s Biggin property as an Investment
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 25 properties are sold each month), you can work out the turnover too, which is nan in Biggin.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 5%. Also comparing this data to an area slightly bigger, such as North West by visiting our page for this, you can find additional data to help you on your search too.
How can property investments be made using Rightmove data?
In the area, average asking rents are around £810. 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 £0.
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 Biggin.
|Average asking rent||Number of bedrooms in house|
|no relevant data for this city||5|
|no relevant data for this city||4|
|no relevant data for this city||3|
|no relevant data for this city||2|
The greater the number of sales per month in the area of Biggin, 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 Biggin
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Biggin is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Biggin, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
In the area, using Rightmove data, what are most people selling their property for?
When exploring the property market in Biggin, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £218,436, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Property type||Average selling point|
In Biggin, what are the number of planning permission applications on Rightmove?
Applying for planning permission in Biggin is something landlords tend to do if they want to add some value to their home. As of this month, there were 22 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Biggin too, there is a decent amount of opportunity to buy, renovate and make a profit.