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 Brynmill 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 19 number of properties that are sold.
A list of properties for Sale in Brynmill on Rightmove
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Brynmill to other regions.
On average and according to Rightmove data, what do properties sell for?
Using Rightmove, there is an average sold price of property that is £212,508 in Brynmill. 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.
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How to invest in property in Brynmill using Rightmove data
Rightmove data can tell you a lot about the average asking rents of the area of Brynmill. 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 £0 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 £1,323.
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A deep dive into rental yield and how this impacts Brynmill
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 Brynmill, there is an average of £0 for rental yield.
Brynmill 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 £0 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.
From Brynmill’s Rightmove data, what are the number of planning permission applications?
The city of Brynmill, according to Rightmove listings, has a commendable planning success rate of 78% and there are around 19 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Brynmill.
A quick insight into Rightmove property Brynmill
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 19 properties are sold each month), you can work out the turnover too, which is 0.1 in Brynmill.
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 4%. Also comparing this data to an area slightly bigger, such as Wales by visiting our page for this, you can find additional data to help you on your search too.
How much green space do properties have in Brynmill according to Rightmove?
In Brynmill, the available data reveals that there are 20.1 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.
On Rightmove and in Brynmill, how many HMOs are licenced?
When it comes to renting in Brynmill, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are £430 HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of 740 licensed HMOs in Brynmill, giving you an idea of the variety and options available in the market.
In Brynmill, what property are people trying to rent on Rightmove?
Understanding education levels in the area of Brynmill
When considering Brynmill, its population reaches 38542 individuals. It is useful to note that around 26% of the residents have attained a higher level of education and the average household income in the area is £37,000.00. 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.
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 Brynmill?
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 11% in Brynmill. And they have an average household income of £37,000.00. 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.
What are some frequently asked questions?
What is the average property price in Brynmill on Rightmove?
In Brynmill, the mean price for residential properties up for sale is £212,508. 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 Brynmill?
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 Brynmill according to Rightmove?
The city of Brynmill currently has a crime rate where for every 1000 people who live there 6400% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
According to online listings, what’s the count of property transactions per month in Brynmill?
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 19. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Brynmill?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.