10 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Lytchett Matravers contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
Properties to Rent in Lytchett Matravers 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.
How to examine income data from Rightmove for Lytchett Matravers
When considering Lytchett Matravers, its population reaches 15430 individuals. It is useful to note that around 20% of the residents have attained a higher level of education and the average household income in the area is £40,892.50. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
What is the Rightmove data regarding social rent and affordable housing in Lytchett Matravers?
There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 4%. Also, in Lytchett Matravers, the average amount that people earn per household is £40,892.50. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.
A list of properties for Sale in Lytchett Matravers on Rightmove
Investment analysis of Rightmove property in Lytchett Matravers
As you delve into the property landscape of Lytchett Matravers in the region of South West, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 10. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is nan. Every decade population change should also be considered. This figure stands at 5% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like South West.
Property investment opportunities presented on Rightmove in Lytchett Matravers
There is a fair amount of insight that you can gather from the city of Lytchett Matravers 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|
|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|
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 Lytchett Matravers is talked about below and in the following headings.
Linking rental yields with Rightmove property listings in Lytchett Matravers
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Lytchett Matravers is no relevant data for this city.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of no relevant data for this city for comparison.
Usually, when looking to invest in Lytchett Matravers, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
In Lytchett Matravers, what are the number of planning permission applications on Rightmove?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Lytchett Matravers, the people who own homes in this area have a rate of planning success of nan. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Lytchett Matravers. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 6 that take place each month, this is likely the case a lot of the time.
In the area, using Rightmove data, what are most people selling their property for?
The average sold price of properties in Lytchett Matravers, UK, available on Rightmove is £294,453. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
What are the number of HMOs on Rightmove that are licenced in the area of Lytchett Matravers?
When it comes to renting in Lytchett Matravers, 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 no relevant data for this city 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 Lytchett Matravers, giving you an idea of the variety and options available in the market.
From Rightmove listings, what is the availability of green space in Lytchett Matravers
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Lytchett Matravers, the available data reveals that there are 17.8 acres of green space per thousand residents. For health reasons, there should be 6 acres.
What questions are asked most frequently?
Discover the mean property value in Lytchett Matravers as reported on Rightmove.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Lytchett Matravers, the average cost of a home available for purchase is £294,453. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in Lytchett Matravers, 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 substantial criminal activity in the area around Lytchett Matravers as indicated by Rightmove?
The current crime rate in Lytchett Matravers is such that 7700% incidents are recorded for every 1000 residents.
What are the house sales per month in Lytchett Matravers?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 10. To learn more about houses for sale and why this data is important
On Rightmove, what is the average price of a three-bed property in Lytchett Matravers?
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