Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Bowling and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the no relevant data for this city number of properties that are sold.
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Bowling to help you find the perfect agent for you
On Rightmove, how are properties listed for sale?
A city such as Bowling 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.
How to invest in property in Bowling using Rightmove data
In Bowling, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Bowling, the average yield of properties is no relevant data for this city. 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 |
| 1 | no relevant data for this city |
A closer look at rental yield on Rightmove in Bowling
Rental yield in Bowling is no relevant data for this city as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Bowling’s yield of no relevant data for this city to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
On Rightmove, how many planning permission applications are there based in Bowling?
The city of Bowling, according to Rightmove listings, has a commendable planning success rate of no relevant data for this city and there are around no relevant data for this city that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Bowling.
In the area, using Rightmove data, what are most people selling their property for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Bowling. With an overall sold price of approximately £121,699, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
| Class of property | Average sale |
|---|---|
| Flat | £84,147 |
| Terraced house | £127,419 |
| Semi-detached house | £190,272 |
| detached house | £261,620 |
Exploring Bowling’s real estate investment potential on Rightmove
When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of Scotland. However, you can find data for the wider region here.
| Data for Bowling | Average for the UK | |
|---|---|---|
| Turnover | no relevant data for this city | 19% |
| Property sales per month | no relevant data for this city | 576,000 |
| Population growth over 10 years | -3% | 6.5% |
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of Scotland.
On Rightmove in Bowling, what properties are available to rent?
How to examine income data from Rightmove for Bowling
In the city of Bowling, the population stands at 5527 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately no relevant data for this city of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to no relevant data for this city. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
What is the outlook for social rent and affordable housing according to Rightmove in Bowling?
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 no relevant data for this city in Bowling. And they have an average household income of no relevant data for this city. 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.
Will you be moving into somewhere with a lot of green space if you moved to Bowling?
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 Bowling, the current data indicates the presence of 15.4 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 are the number of HMOs on Rightmove that are licenced in the area of Bowling?
In Bowling, of the total number of licensed HMOs (no relevant data for this city) 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 Bowling 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.
What are some frequently asked questions?
In the city of Bowling, what is the median property price?
In Bowling, the mean price for residential properties up for sale is £121,699. The mean price for the average property valuation across the UK is £286,000.
Are there any undisclosed expenses associated with property searches on Rightmove within Bowling?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Is there a lot of crime in the area of Bowling according to Rightmove?
The city of Bowling currently has a crime rate where for every 1000 people who live there 200% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
What are the house sales per month in Bowling?
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 Bowling?
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.
0 Comments