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 Blundellsands so you can make the best decisions and make money on your property purchases. Getting involved in one of the 18 property deals that come off the market each month.
A list of properties for Sale in Blundellsands on Rightmove
How can property investments be made using Rightmove data?
In Blundellsands, the average asking rent in the area is £954 and there is a table below that goes over the asking rent for every type of property there is. Also, in Blundellsands, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
|Number of bedrooms||Average asking rent|
|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|
A city such as Blundellsands has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
What is a commons purchase price for property on Rightmove?
The average sold price of properties in Blundellsands, UK, available on Rightmove is £237,266. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
A deep dive into rental yield and how this impacts Blundellsands
Blundellsands averages at £0 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 £0 in Blundellsands, is worked out by dividing the net rental income of a property by the purchase price.
A quick insight into Rightmove property Blundellsands
In the area of Blundellsands, Rightmove records consistent sales of 18 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 1% 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 Blundellsands?
The city of Blundellsands, according to Rightmove listings, has a commendable planning success rate of 95% and there are around 14 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Blundellsands.
In Blundellsands, what property are people trying to rent on Rightmove?
Concerning Rightmove, what is the education level like in Blundellsands?
When considering Blundellsands, its population reaches 30236 individuals. It is useful to note that around 30% of the residents have attained a higher level of education and the average household income in the area is £36,521.05. 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 is the Rightmove data regarding social rent and affordable housing in Blundellsands?
Through some digging, we found the level of social rent in the area. Currently, this figure is 12% as the percentage of people who are leasing directly from the government. In the area of Blundellsands, the average household income is £36,521.05 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.
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.
How many HMOs are licenced in the city of Blundellsands on Rightmove?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Blundellsands.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Blundellsands, there are 13 for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
By analysing Rightmove in Blundellsands, is there a lot of green, outdoor space?
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 Blundellsands, the current data indicates the presence of 17.7 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.
What is the average property price in Blundellsands on Rightmove?
At present, within the confines of Blundellsands, the mean price for houses listed for sale is £237,266.
On Rightmove, are there any hidden costs when searching for property in the city of Blundellsands?
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.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Blundellsands?
In Blundellsands, the prevailing crime rate results in 7400% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What’s the frequency of property sales per month in Blundellsands as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 18. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
On Rightmove, how much does a three-bed property typically cost in Blundellsands?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.