In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Blantyre so you can make the best decisions and make money on your property purchases. Getting involved in one of the no relevant data for this city property deals that come off the market each month.
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By analysing Rightmove in Blantyre, is there a lot of green, outdoor space?
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 Blantyre, this is 22.5. Compare this figure of 6 which is recommended to have and the data for Blantyre to tell how much green space is around.
In the city of Blantyre, regarding Rightmove, what would it look like living in a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Blantyre is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Blantyre is no relevant data for this city and there are also no relevant data for this city in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
Properties to Rent in Blantyre on Rightmove
What is the level of Rightmove affordable housing and social rent in Blantyre?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, no relevant data for this city of individuals in Blantyre rent from the government or housing associations compared to the national average of 20.7%.
In general, if the percentage of people who have government housing is below the national average, you are more likely to see smaller houses. This may not be a bad thing as it all depends on personal preference and there are also other factors that contribute to the general feel of the area like household income which is no relevant data for this city. Most people in the Uk earn around £34,000 which is convenient for comparison.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Blantyre’s demographics and income insights based on Rightmove data
Within the city of Blantyre, the population amounts to 47312 individuals. Among these residents, it is notable that approximately no relevant data for this city hold a higher-level educational degree. Furthermore, the average household income in the area stands at no relevant data for this city. 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.
A list of properties for Sale in Blantyre on Rightmove
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 Blantyre is talked about below and in the following headings.
A deep dive into rental yield and how this impacts Blantyre
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 Blantyre is no relevant data for this city.
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 no relevant data for this city for comparison.
Usually, when looking to invest in Blantyre, 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?
In the area of Blantyre in the UK, the average sold price of a property is around £165,332. 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 |
---|---|
detached house | £242,969 |
Semi detached house | £166,717 |
Terraced house | £126,291 |
Flat | £78,187 |
How Rightmove listings in Blantyre help you make an investment
Rightmove data can tell you a lot about the average asking rents of the area of Blantyre. 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.
Asking rent | Bedrooms |
---|---|
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 |
no relevant data for this city | 1 |
In terms of the number of planning permission applications on Rightmove, what should there be in Blantyre?
In the UK, planning applications result in a success rate of 82% most of the time. In Blantyre, people plan to make modifications to their properties and apply for planning permission with a planning success rate of no relevant data for this city.
This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the no relevant data for this city monthly planning applications in Blantyre, property here is more difficult to conduct improvements on.
If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.
If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.
A look into Rightmove’s Blantyre 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 no relevant data for this city properties are sold each month), you can work out the turnover too, which is no relevant data for this city in Blantyre.
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 2%. Also comparing this data to an area slightly bigger, such as Scotland by visiting our page for this, you can find additional data to help you on your search too.
Frequently Asked Questions by Rightmove users
In the city of Blantyre, what is the median property price?
The average property price for the UK currently stands at £286,000. In the local area of Blantyre, the average price of a house for sale in the area is £165,332
When utilising Rightmove for finding property in Blantyre, are there any charges to consider?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Based on Rightmove’s information, what’s the level of criminal activity in the Blantyre area?
The city of Blantyre currently has a crime rate where for every 1000 people who live there no relevant data for this city commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
How many monthly property sales does Blantyre witness according to listing platforms?
To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at no relevant data for this city as of recent data.
What’s the usual price range for a three-bedroom property on Rightmove in Blantyre?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.
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