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 Gourock 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 no relevant data for this city number of properties that are sold.
According to Rightmove data from Gourock, what properties are renting?
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.
Analysing the rate of education in Gourock from Rightmove
In the city of Gourock, the population is 11541. Out of all of these people, it is worth noting the education level. no relevant data for this city have a degree (a higher level educational degree). Also, the average household income of the area is no relevant data for this city. 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.
What is the level of Rightmove affordable housing and social rent in Gourock?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, no relevant data for this city of individuals in Gourock 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 no relevant data for this city. Most people in the Uk earn around £34,000 which is convenient for comparison.
Properties for sale in Gourock on Rightmove
What are properties sold for on average on Rightmove?
In the area of Gourock in the UK, the average sold price of a property is around £122,003. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
|Type of property||Average sold price|
|Semi detached house||£166,072|
A deep dive into rental yield and how this impacts Gourock
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 Gourock, there is an average of no relevant data for this city for rental yield.
Gourock 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 no relevant data for this city 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.
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Gourock is talked about below and in the following headings.
From Gourock’s Rightmove data, what are the number of planning permission applications?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Gourock, this number is no relevant data for this city every month and the success rate for planning permission is no relevant data for this city.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Gourock, you may be able to do the same and make some money.
Property investment opportunities presented on Rightmove in the city of Gourock
In the area, average asking rents are around no relevant data for this city. 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 no relevant data for this city.
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 Gourock.
|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|
|no relevant data for this city||1|
Exploring Gourock’s real estate investment potential on Rightmove
When considering buying a house for an investment in the area of Scotland, 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 no relevant data for this city. 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 Gourock it is no relevant data for this city. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been -6%. So, you can make of that as you will.
According to Rightmove data in Gourock, is it worth moving into a HMO?
Currently, the number of licensed HMOs stands at no relevant data for this city that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Gourock. Understanding where is best to rent in Gourock involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
By analysing Rightmove in Gourock, is there a lot of green, outdoor space?
Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Gourock, this is 40.0. Compare this figure of 6 which is recommended to have and the data for Gourock to tell how much green space is around.
How much does the average property cost in Gourock according to Rightmove data?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Gourock, the mean selling price for houses in the area is £122,003. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
When utilising Rightmove for finding property in Gourock, are there any charges to consider?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Is there a lot of crime in the area of Gourock according to Rightmove?
The current crime rate in Gourock is such that 100% incidents are recorded for every 1000 residents.
In Gourock, 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 no relevant data for this city as of recent data.
On Rightmove, how much does a three-bed property typically cost in Gourock?
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.