In this overview, we’ll delve into the Rightmove data for Bulverhythe, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 18 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
Properties to Rent in Bulverhythe on Rightmove
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
What is the outlook for social rent and affordable housing according to Rightmove in Bulverhythe?
Through some digging, we found the level of social rent in the area. Currently, this figure is 10% as the percentage of people who are leasing directly from the government. In the area of Bulverhythe, the average household income is £43,666.67 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.
Understanding education levels in the area of Bulverhythe
Within the city of Bulverhythe, the population amounts to 28703 individuals. Among these residents, it is notable that approximately 20% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £43,666.67. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.
Properties for sale in Bulverhythe on Rightmove
A deep dive into rental yield and how this impacts Bulverhythe
Bulverhythe 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 Bulverhythe, is worked out by dividing the net rental income of a property by the purchase price.
Investment analysis of Rightmove property in Bulverhythe
When considering buying a house for an investment in the area of South East, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is 18. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Bulverhythe it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 3%. So, you can make of that as you will.
In terms of the number of planning permission applications on Rightmove, what should there be in Bulverhythe?
Applying for planning permission in Bulverhythe is something landlords tend to do if they want to add some value to their home. As of this month, there were 8 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 59% 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 Bulverhythe too, there is a decent amount of opportunity to buy, renovate and make a profit.
What is a commons purchase price for property on Rightmove?
Using Rightmove, there is an average sold price of property that is £244,956 in Bulverhythe. 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 can property investments be made using Rightmove data?
Based on Rightmove, there is a lot of data you can gather about Bulverhythe and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,063. 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 TN38, 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.
Every month, properties are sold on the platform of Rightmove in Bulverhythe and you can explore the topics below related to sales that give you an overview of the market.
On Rightmove and in Bulverhythe, how many HMOs are licenced?
In Bulverhythe, of the total number of licensed HMOs (1) 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 Bulverhythe is currently £596, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
How much outdoor space is there in Bulverhythe?
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Bulverhythe, the available data reveals that there are 26.5 acres of green space per thousand residents. For health reasons, there should be 6 acres.
What are some frequently asked questions?
Discover the mean property value in Bulverhythe as reported on Rightmove.
At present, within the confines of Bulverhythe, the mean price for houses listed for sale is £244,956.
On Rightmove, are there any hidden costs when searching for property in the city of Bulverhythe?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Is there a lot of crime in the area of Bulverhythe according to Rightmove?
The ongoing crime rate in Bulverhythe indicates 12600% instances for every 1000 citizens.
According to online listings, what’s the count of property transactions per month in Bulverhythe?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 18 properties are being sold every month.
According to Rightmove, what’s the mean price of a three-bedroom property in Bulverhythe?
For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.