In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Grangemouth so you can make the best decisions and make money on your property purchases. Getting involved in one of the no relevant data for this city property deals that come off the market each month.
Home listings in Grangemouth on the platform of Rightmove
Property investment opportunities presented on Rightmove in Grangemouth
There is a fair amount of insight that you can gather from the city of Grangemouth 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|
|1||no relevant data for this city|
|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|
A closer look at rental yield on Rightmove in Grangemouth
Rental yield in Grangemouth is no relevant data for this city as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Grangemouth’s yield of no relevant data for this city to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
The greater the number of sales per month in the area of Grangemouth, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
A look into Rightmove’s Grangemouth property as an Investment
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 Grangemouth 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 4%. So, you can make of that as you will.
On average and according to Rightmove data, what do properties sell for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Grangemouth. With an overall sold price of approximately £91,697, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
|Class of property||Average sale|
In terms of the number of planning permission applications on Rightmove, what should there be in Grangemouth?
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 Grangemouth, 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 Grangemouth, you may be able to do the same and make some money.
Will you be moving into somewhere with a lot of green space if you moved to Grangemouth?
In Grangemouth, the available data reveals that there are 17.8 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 Grangemouth?
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 Grangemouth. Understanding where is best to rent in Grangemouth involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
In Grangemouth, what property are people trying to rent on Rightmove?
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.
Understanding education levels in the area of Grangemouth
In the city of Grangemouth, the population stands at 17377 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately no relevant data for this city of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to no relevant data for this city. 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.
What is the outlook for social rent and affordable housing according to Rightmove in Grangemouth?
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, no relevant data for this city of individuals in Grangemouth rely on government rent and the average household income in the district is no relevant data for this city.
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.