16 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Fleetwood contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
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Properties for sale in Fleetwood on Rightmove
On Rightmove, how many planning permission applications are there based in Fleetwood?
In the UK, planning applications result in a success rate of 82% most of the time. In Fleetwood, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.
This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 4 monthly planning applications in Fleetwood, property here is more difficult to conduct improvements on.
If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.
If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.
A deep dive into rental yield and how this impacts Fleetwood
A serious investor will know what yield is and how to work it out. The formula is true for Fleetwood and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Fleetwood the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
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 Fleetwood to other regions.
How to invest in property in Fleetwood using Rightmove data
In the area, average asking rents are around £598. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are £0.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Fleetwood.
| Average asking rent | Number of bedrooms in house |
|---|---|
| no relevant data for this city | 5 |
| no relevant data for this city | 4 |
| no relevant data for this city | 3 |
| no relevant data for this city | 2 |
| FY7 | 1 |
A look into Rightmove’s Fleetwood property as an Investment
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 North West. However, you can find data for the wider region here.
| Data for Fleetwood | Average for the UK | |
|---|---|---|
| Turnover | nan | 19% |
| Property sales per month | 16 | 576,000 |
| Population growth over 10 years | 5% | 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 North West.
On average and according to Rightmove data, what do properties sell for?
When exploring the property market in Fleetwood, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £122,119, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
| Property type | Average selling point |
|---|---|
| detached house | £188,570 |
| Semi-detached house | £134,885 |
| Terraced house | £94,131 |
| Flat | £72,266 |
According to Rightmove data in Fleetwood, is it worth moving into a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Fleetwood 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 Fleetwood is no relevant data for this city and there are also nan 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.
Will you be moving into somewhere with a lot of green space if you moved to Fleetwood?
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 Fleetwood, the available data reveals that there are 15.7 acres of green space per thousand residents. For health reasons, there should be 6 acres.
In Fleetwood, what property are people trying to rent on Rightmove?
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 Fleetwood?
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 9% in Fleetwood. And they have an average household income of £38,011.63. 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.
How to examine income data from Rightmove for Fleetwood
In the city of Fleetwood, the population is 25917. Out of all of these people, it is worth noting the education level. 14% have a degree (a higher level educational degree). Also, the average household income of the area is £38,011.63. 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.
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