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 Bowness-On-Windermere 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 7 number of properties that are sold.
How much green space do properties have in Bowness-On-Windermere according to Rightmove?
In Bowness-On-Windermere, the available data reveals that there are 25.8 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.
What are the number of HMOs on Rightmove that are licenced in the area of Bowness-On-Windermere?
The average asking price for a House in Multiple Occupation (HMO) in Bowness-On-Windermere 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 Bowness-On-Windermere is no relevant data for this city and there are also 34 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 Bowness-On-Windermere on Rightmove
What is the level of Rightmove affordable housing and social rent in Bowness-On-Windermere?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 11% of individuals in Bowness-On-Windermere 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 £39,483.72. Most people in the Uk earn around £34,000 which is convenient for comparison.
Understanding education levels in the area of Bowness-On-Windermere
In the city of Bowness-On-Windermere, the population is 9077. Out of all of these people, it is worth noting the education level. 30% have a degree (a higher level educational degree). Also, the average household income of the area is £39,483.72. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.
Properties for sale in Bowness-On-Windermere on Rightmove
On Rightmove, how many planning permission applications are there based in Bowness-On-Windermere?
The city of Bowness-On-Windermere, according to Rightmove listings, has a commendable planning success rate of 89% and there are around 10 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Bowness-On-Windermere.
What is a commons purchase price for property on Rightmove?
The average sold price of properties in Bowness-On-Windermere, UK, available on Rightmove is £340,829. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
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Every month, properties are sold on the platform of Rightmove in Bowness-On-Windermere and you can explore the topics below related to sales that give you an overview of the market.
A closer look at rental yield on Rightmove in Bowness-On-Windermere
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 Bowness-On-Windermere 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 Bowness-On-Windermere, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
Investment analysis of Rightmove property in Bowness-On-Windermere
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 7 properties are sold each month), you can work out the turnover too, which is nan in Bowness-On-Windermere.
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 1%. Also comparing this data to an area slightly bigger, such as North West by visiting our page for this, you can find additional data to help you on your search too.
How can property investments be made using Rightmove data?
Based on Rightmove, there is a lot of data you can gather about Bowness-On-Windermere and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is no relevant data for this city. and the average asking rent based on Rightmove data is no relevant data for this city. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is LA23, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
Uncover the typical property asking price in Bowness-On-Windermere through Rightmove data.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Bowness-On-Windermere, the average cost of a home available for purchase is £340,829. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in Bowness-On-Windermere, do hidden costs come into play?
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)
Is there a lot of crime in the area of Bowness-On-Windermere according to Rightmove?
The city of Bowness-On-Windermere currently has a crime rate where for every 1000 people who live there 8300% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
In Bowness-On-Windermere, how many sales per month are there according to listing portals?
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 7 as of recent data.
On Rightmove, how much does a three-bed property typically cost in Bowness-On-Windermere?
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.