Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Kilbirnie, aiming to guide your investment decisions.
It’s worth noting that currently, no relevant data for this city properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.
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Properties to Rent in Kilbirnie on Rightmove
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
Concerning Rightmove, what is the education level like in Kilbirnie?
In the city of Kilbirnie, the population is 7390. 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.
In Kilbirnie, in terms of affordable housing and social rent, what does Rightmove data show?
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 Kilbirnie 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.
Will you be moving into somewhere with a lot of green space if you moved to Kilbirnie?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Kilbirnie, the current data indicates that there are 36.5 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
In the city of Kilbirnie, regarding Rightmove, what would it look like living in a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Kilbirnie 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 Kilbirnie is no relevant data for this city and there are also no relevant data for this city 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.
In Kilbirnie, what does the property sales data look like based on Rightmove?
On average and according to Rightmove data, what do properties sell for?
When exploring the property market in Kilbirnie, 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 £66,531, 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 | £199,663 |
Semi-detached house | £95,877 |
Terraced house | £69,375 |
Flat | £39,011 |
The greater the number of sales per month in the area of Kilbirnie, 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.
Property investment opportunities presented on Rightmove in Kilbirnie
Rightmove data can tell you a lot about the average asking rents of the area of Kilbirnie. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The no relevant data for this city which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is no relevant data for this city.
Asking rent | Bedrooms |
---|---|
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 |
In terms of the number of planning permission applications on Rightmove, what should there be in Kilbirnie?
In the UK, planning applications result in a success rate of 82% most of the time. In Kilbirnie, people plan to make modifications to their properties and apply for planning permission with a planning success rate of no relevant data for this city.
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 no relevant data for this city monthly planning applications in Kilbirnie, 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 quick insight into Rightmove property Kilbirnie
In the area of Kilbirnie, Rightmove records consistent sales of no relevant data for this city properties each month, generating an average yearly turnover of no relevant data for this city. This turnover is just from property sales relative to the properties that there already are and -3% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of Scotland by looking at further houses for sale here.
Kilbirnie’s rental yield on Rightmove explained
A serious investor will know what yield is and how to work it out. The formula is true for Kilbirnie 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 Kilbirnie the figure is no relevant data for this city.
This no relevant data for this city 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.
What are some frequently asked questions?
What is the average property price in Kilbirnie on Rightmove?
At present, within the confines of Kilbirnie, the mean price for houses listed for sale is £66,531.
In the process of property hunting on Rightmove in Kilbirnie, do hidden costs come into play?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Is there a lot of crime in the area of Kilbirnie according to Rightmove?
The ongoing crime rate in Kilbirnie indicates no relevant data for this city instances for every 1000 citizens.
According to online listings, what’s the count of property transactions per month in Kilbirnie?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that no relevant data for this city properties are being sold every month.
What’s the usual price range for a three-bedroom property on Rightmove in Kilbirnie?
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.
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