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Rightmove properties listed in the city of Borthwick

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ Rightmove properties listed in the city of Borthwick

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 Borthwick 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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On Rightmove in Borthwick, what properties are available to rent?

How to examine income data from Rightmove for Borthwick

When considering Borthwick, its population reaches 7875 individuals. It is useful to note that around no relevant data for this city of the residents have attained a higher level of education and the average household income in the area is no relevant data for this city. 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.

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.

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

Through some digging, we found the level of social rent in the area. Currently, this figure is no relevant data for this city as the percentage of people who are leasing directly from the government. In the area of Borthwick, the average household income is no relevant data for this city 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.

Home listings in Borthwick on the platform of Rightmove

In Borthwick, analysing Rightmove, what are the number of planning permission applications?

Applying for planning permission in Borthwick is something landlords tend to do if they want to add some value to their home. As of this month, there were no relevant data for this city 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 Borthwick too, there is a decent amount of opportunity to buy, renovate and make a profit.

In the area, using Rightmove data, what are most people selling their property for?

Using Rightmove, there is an average sold price of property that is £198,950 in Borthwick. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.

Property category Average price of property
Flat £118,282
Terraced house £173,632
Semi-detached house £190,751
detached house £265,478

A closer look at rental yield on Rightmove in Borthwick

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

How Rightmove listings in Borthwick help you make an investment

In the area, average asking rents are around no relevant data for this city. 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 no relevant data for this city.
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 Borthwick.

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
no relevant data for this city 1

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 Borthwick is talked about below and in the following headings.

A look into Rightmove’s Borthwick property as an Investment

As you delve into the property landscape of Borthwick in the region of Scotland, 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 no relevant data for this city. 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 no relevant data for this city. Every decade population change should also be considered. This figure stands at 13% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like Scotland.

How many HMOs are licenced in the city of Borthwick on Rightmove?

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 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 Borthwick. Understanding where is best to rent in Borthwick involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

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

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 Borthwick, the current data indicates that there are 23.7 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.

FAQ

Uncover the typical property asking price in Borthwick through Rightmove data.

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Borthwick, the average cost of a home available for purchase is £198,950. You can compare these figures to see how far away this city is from the average.

Does exploring properties on Rightmove within Borthwick come with any fees you may not be aware of?

Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.

According to Rightmove data, how prevalent is crime in Borthwick’s vicinity?

In Borthwick, the prevailing crime rate results in no relevant data for this city occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.

In Borthwick, how many sales per month are there according to listing portals?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that no relevant data for this city properties are being sold every month.

What’s the average cost of a three-bedroom property in Borthwick as per Rightmove data?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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