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 Portencross 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.
On Rightmove and in Portencross, how many HMOs are licenced?
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 Portencross. Understanding where is best to rent in Portencross involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Will you be moving into somewhere with a lot of green space if you moved to Portencross?
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 Portencross, 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 Portencross, what does the property sales data look like based on Rightmove?
Investment analysis of Rightmove property in Portencross
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 no relevant data for this city properties are sold each month), you can work out the turnover too, which is no relevant data for this city in Portencross.
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 -3%. Also comparing this data to an area slightly bigger, such as Scotland by visiting our page for this, you can find additional data to help you on your search too.
In the area, using Rightmove data, what are most people selling their property for?
Using Rightmove, there is an average sold price of property that is £189,447 in Portencross. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.
|Property category||Average price of property|
A city such as Portencross has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
How can property investments be made using Rightmove data?
In the area, average asking rents are around no relevant data for this city. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are no relevant data for this city.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Portencross.
|Average asking rent||Number of bedrooms in house|
|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|
Is it important to look at yield in Portencross in further detail?
Rental yield in Portencross 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 Portencross’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.
From Portencross’s Rightmove data, what are the number of planning permission applications?
Applying for planning permission in Portencross is something landlords tend to do if they want to add some value to their home. As of this month, there were no relevant data for this city planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is no relevant data for this city and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Portencross too, there is a decent amount of opportunity to buy, renovate and make a profit.
According to Rightmove data from Portencross, what properties are renting?
In Portencross, in terms of affordable housing and social rent, what does Rightmove data show?
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 Portencross 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.
Portencross’s demographics and income insights based on Rightmove data
When considering Portencross, its population reaches 5214 individuals. It is useful to note that around no relevant data for this city of the residents have attained a higher level of education and the average household income in the area is no relevant data for this city. 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.
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
Frequently asked Questions
Discover the mean property value in Portencross as reported on Rightmove.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Portencross, the mean selling price for houses in the area is £189,447. 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.
In the process of property hunting on Rightmove in Portencross, do hidden costs come into play?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Portencross area?
The city of Portencross currently has a crime rate where for every 1000 people who live there no relevant data for this city commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
How many monthly property sales does Portencross witness according to listing platforms?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is no relevant data for this city. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
On Rightmove, what is the average price of a three-bed property in Portencross?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.