In this overview, we’ll delve into the Rightmove data for Bwlch-y-sarnau, 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 nan 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 for sale in Bwlch-y-sarnau on Rightmove
In Bwlch-y-sarnau, analysing Rightmove, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Bwlch-y-sarnau, the people who own homes in this area have a rate of planning success of 95%. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Bwlch-y-sarnau. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 1 that take place each month, this is likely the case a lot of the time.
A city such as Bwlch-y-sarnau 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.
Average sold prices of properties on Rightmove
Using Rightmove, there is an average sold price of property that is £186,979 in Bwlch-y-sarnau. 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||no relevant data for this city|
Property investment opportunities presented on Rightmove in the city of Bwlch-y-sarnau
There is a fair amount of insight that you can gather from the city of Bwlch-y-sarnau by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
Is it important to look at yield in Bwlch-y-sarnau in further detail?
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 Bwlch-y-sarnau 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 Bwlch-y-sarnau, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
An overview of Bwlch-y-sarnau property in Rightmove from an investment perspective
When considering buying a house for an investment in the area of Wales, 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 nan. 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 Bwlch-y-sarnau 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 0%. So, you can make of that as you will.
In Bwlch-y-sarnau, what property are people trying to rent on Rightmove?
In Bwlch-y-sarnau, in terms of affordable housing and social rent, what does Rightmove data show?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 6% of individuals in Bwlch-y-sarnau rely on government rent and the average household income in the district is £35,030.00.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Concerning Rightmove, what is the education level like in Bwlch-y-sarnau?
In the city of Bwlch-y-sarnau, the population stands at 2857 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 21% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £35,030.00. 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.
How much outdoor space is there in Bwlch-y-sarnau?
In Bwlch-y-sarnau, the available data reveals that there are 22.2 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 Bwlch-y-sarnau?
When it comes to renting in Bwlch-y-sarnau, 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 no relevant data for this city 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 nan licensed HMOs in Bwlch-y-sarnau, giving you an idea of the variety and options available in the market.
How much does the average property cost in Bwlch-y-sarnau according to Rightmove data?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Bwlch-y-sarnau, the average cost of a home available for purchase is £186,979. You can compare these figures to see how far away this city is from the average.
Does exploring properties on Rightmove within Bwlch-y-sarnau come with any fees you may not be aware of?
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 substantial criminal activity in the area around Bwlch-y-sarnau as indicated by Rightmove?
The current crime rate in Bwlch-y-sarnau is such that 8900% incidents are recorded for every 1000 residents.
What’s the frequency of property sales per month in Bwlch-y-sarnau as reported by listing portals?
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 nan. 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.
What’s the average cost of a three-bedroom property in Bwlch-y-sarnau as per Rightmove data?
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.