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

Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Blackburn, aiming to guide your investment decisions.
It’s worth noting that currently, 17 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.

Home listings in Blackburn on the platform of Rightmove

A closer look at rental yield on Rightmove in Blackburn

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 Blackburn, there is an average of no relevant data for this city for rental yield.
Blackburn 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 no relevant data for this city 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.

Property investment opportunities presented on Rightmove in the city of Blackburn

Rightmove data can tell you a lot about the average asking rents of the area of Blackburn. 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 no relevant data for this city 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 no relevant data for this city.

The greater the number of sales per month in the area of Blackburn, 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.

What is a commons purchase price for property on Rightmove?

In the area of Blackburn in the UK, the average sold price of a property is around £136,474. 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:

An overview of Blackburn property in Rightmove from an investment perspective

In the area of Blackburn, Rightmove records consistent sales of 17 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 3% is the population change over ten years.



All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.



Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of North West by looking at further houses for sale here.

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

The city of Blackburn, according to Rightmove listings, has a commendable planning success rate of nan and there are around 5 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Blackburn.

According to Rightmove data from Blackburn, what properties are renting?

Understanding education levels in the area of Blackburn

When considering Blackburn, its population reaches 17061 individuals. It is useful to note that around 19% of the residents have attained a higher level of education and the average household income in the area is £38,011.63. 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.

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

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 3% in Blackburn. And they have an average household income of £38,011.63. 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.

Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.

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

In Blackburn, 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 Blackburn 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.

Will you be moving into somewhere with a lot of green space if you moved to Blackburn?

Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Blackburn, the current data indicates the presence of 15.7 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.