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 Kemsley 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 38 number of properties that are sold.
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How many HMOs are licenced in the city of Kemsley on Rightmove?
When it comes to renting in Kemsley, 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 £591 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 Kemsley, giving you an idea of the variety and options available in the market.
How much outdoor space is there in Kemsley?
In Kemsley, the available data reveals that there are 24.7 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.
Home listings in Kemsley on the platform of Rightmove
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 Kemsley to other regions.
A look into Rightmove’s Kemsley property as an Investment
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 38. 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 Kemsley 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 12%. So, you can make of that as you will.
A deep dive into rental yield and how this impacts Kemsley
Kemsley 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 Kemsley, is worked out by dividing the net rental income of a property by the purchase price.
How Rightmove listings in Kemsley help you make an investment
In Kemsley, the average asking rent in the area is £982 and there is a table below that goes over the asking rent for every type of property there is. Also, in Kemsley, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
Number of bedrooms | Average asking rent |
---|---|
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 | ME10 |
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 Kemsley. With an overall sold price of approximately £249,387, 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 |
---|---|
Flat | £154,244 |
Terraced house | £222,140 |
Semi-detached house | £268,258 |
detached house | £365,020 |
From Kemsley’s Rightmove data, what are the number of planning permission applications?
The city of Kemsley, according to Rightmove listings, has a commendable planning success rate of nan and there are around 18 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Kemsley.
In Kemsley, what property are people trying to rent on Rightmove?
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 Kemsley?
In the city of Kemsley, the population stands at 47513 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 17% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £46,729.73. 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.
In Kemsley, here’s what Rightmove data says about social rent and affordable housing
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, 12% of individuals in Kemsley rely on government rent and the average household income in the district is £46,729.73.
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.
FAQ
What is the average property price in Kemsley on Rightmove?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Kemsley, the mean selling price for houses in the area is £249,387. 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.
Does exploring properties on Rightmove within Kemsley come with any fees you may not be aware of?
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 Kemsley according to Rightmove?
The Kemsley community presently experiences a crime rate where 14200% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.
What’s the frequency of property sales per month in Kemsley as reported by listing portals?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 38. To learn more about houses for sale and why this data is important
What’s the usual price range for a three-bedroom property on Rightmove in Kemsley?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices
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