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 Kinnersley so you can make the best decisions and make money on your property purchases. Getting involved in one of the 5 property deals that come off the market each month.
Properties for sale in Kinnersley on Rightmove
A quick insight into Rightmove property Kinnersley
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 5 properties are sold each month), you can work out the turnover too, which is nan in Kinnersley.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 8%. Also comparing this data to an area slightly bigger, such as West Midlands by visiting our page for this, you can find additional data to help you on your search too.
A closer look at rental yield on Rightmove in Kinnersley
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 Kinnersley, there is an average of no relevant data for this city for rental yield.
Kinnersley 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.
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 Kinnersley to other regions.
On Rightmove, how many planning permission applications are there based in Kinnersley?
The city of Kinnersley, according to Rightmove listings, has a commendable planning success rate of nan and there are around 6 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Kinnersley.
Average sold prices of properties on Rightmove
In the area of Kinnersley in the UK, the average sold price of a property is around £334,892. 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||£266,853|
Property investment opportunities presented on Rightmove in Kinnersley
Rightmove data can tell you a lot about the average asking rents of the area of Kinnersley. 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.
|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|
On Rightmove in Kinnersley, what properties are available to rent?
Kinnersley’s demographics and income insights based on Rightmove data
In the city of Kinnersley, the population stands at 8093 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 34% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £40,944.44. 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 Kinnersley?
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, 8% of individuals in Kinnersley rely on government rent and the average household income in the district is £40,944.44.
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.
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.
From Rightmove listings, what is the availability of green space in Kinnersley
In Kinnersley, the available data reveals that there are 22.6 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.
In the city of Kinnersley, regarding Rightmove, what would it look like living in a HMO?
In Kinnersley, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Kinnersley is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
Frequently Asked Questions by Rightmove users
In the city of Kinnersley, what is the median property price?
In Kinnersley, the mean price for residential properties up for sale is £334,892. The mean price for the average property valuation across the UK is £286,000.
In the process of property hunting on Rightmove in Kinnersley, do hidden costs come into play?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Is there substantial criminal activity in the area around Kinnersley as indicated by Rightmove?
The ongoing crime rate in Kinnersley indicates 8400% instances for every 1000 citizens.
What’s the frequency of property sales per month in Kinnersley as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 5 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Kinnersley?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.