didsbury property blog

investment opportunity on catterick road

Marketed by Gascoigne Halman for £200,000 this three bed terrace is in need of refurbishment but would make an excellent buy to let project. These houses are very popular with families and professionals and achieve rents of approximately £900pcm once refurbished. This would give an annual yield of just over 5% but you will need to factor in the cost of works to the property. Catterick Road is close to great schools, transport links and is just a short stroll from the heart of Didsbury village.

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PETITION LAUNCHES URGING GOVERNMENT TO REVERSE TAX CLAMPDOWNS ON BUY-TO-LET SECTOR

A petition has been launched on the Government website demanding the reintroduction of full mortgage interest relief for private landlords, and the dropping of the 3% Stamp Duty surcharge when additional properties are bought.

It alleges that both measures had increased homelessness by driving landlords out of the sector.

The petition, which runs until November 14, was launched earlier this month and has already attracted over 11,500 signatures which means the government must respond.

It says: “We call on the Government to reintroduce full mortgage interest relief and to drop the 3% Stamp Duty surcharge which is increasing homelessness by driving many landlords out of the sector, meaning tenants have less choice and higher rents.

“There will still be a continuing growth in demand for housing and a significant part of this will have to be available through private landlords.

“It is time to review the tax changes on buy-to-let landlords. It’s clear that the availability of rental property has decreased and rents have risen markedly.

“We call for policy change to end these disastrous tax policies which cause such profound suffering.”

The petition is launched by Mark Homer, one half of property investor training organisation Progressive Property.

To sign the petition follow this link https://petition.parliament.uk/petitions/219279

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Fuzion 100 Manchester Trophy

 

10th June – 17th June

The Northern Tennis & Squash Club

For seven days in summer, Didsbury goes tennis-mad when this world-class women’s tournament comes to The Northern. The Fuzion 100 Manchester Trophy is a world-class women’s tournament held at The Northern Lawn Tennis Club and has previously been voted Manchester’s event of the year.

The quality of the club’s grass courts have often found it referred to as ‘the Wimbledon of the North’, the title of a book written in 1981 to celebrate 100 years at The Northern.

Throughout its history, The Northern Lawn Tennis Club has held international tennis events, attracting players such as John McEnroe, Pete Sampras, Stefan Edberg, Fred Perry, Jimmy Connors, Billie-Jean King, and Margaret Court.

For more information, tickets & the event guide click; https://www.lta.org.uk/major-events/fuzion-100-manchester-trophy/

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Your SS18 M20 Wardrobe

Didsbury’s thriving high-street is home to a growing number of individual and bang on trend independent fashion boutiques, so if its time to update your wardrobe for SS18 why not shop local and enjoy an eclectic selection of women’s and men’s fashion right on your doorstep. Here’s our top picks;

Bond Fashion, Wilmslow Road, Didsbury village – shop their latest looks at http://www.bondfashion.com/

The edit, Wilmslow Road, Didsbury village – view their SS18 collection at https://theeditboutique.vendecommerce.com/

Steranko, Burton Road, West Didsbury – shop their latest Women’s & Men’s styles at https://www.steranko.co.uk/

Mcqueen Independent, Wilmslow Road, Didsbury village – new Womens & Mens edits now landed at  https://mcqueenindependent.com/

Remember to check out our Enjoy Local page and call in to one of our high street branches to collect your key tag, entitling you to exclusive offers & incentives with local retailers. Happy shopping!

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The Didsbury Festival

The wait is over as the much-anticipated Didsbury Festival returns this month for the 39th year running, one of village’s largest and most popular community event in the Didsbury calendar. Taking place on Saturday 16th June the festival brings residents, family and friends together come rain or shine, whilst raising money local concerns.

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Local occupancy ratings

Some people rattle around in their home like two beans in a can whilst others are packed in like sardines in a tin. There is a formula, created by the Office for National Statistics which gives the occupancy rating of each home. This number shows whether a property has the ‘right’ number of rooms given the number of people living there. This shows the picture in our local housing market.

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Property prices by house type

The last few years have been something of a rollercoaster ride for property markets up and down the country and our area is no different. Here we show how prices of different house types have changed relative to one another over time.

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The annual sales split (houses vs flats)

In some parts of the country, the split between a house and flat sales is very extreme while elsewhere there is more of a balance. It primarily comes down to the nature of the area and how densely populated it is. Rural, semi-rural and suburban areas are dominated by houses whereas urban districts are awash with flats. The chart shows the picture in our area.

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How best to increase the value of your Didsbury home

When it comes to selling your home, a significant amount of your home’s resale value will depend on what’s happened to the Didsbury market as a whole. Here average sales values have risen by 31.5 percent over the last ten years. However, there are several tactical decisions you can make to push up the final price.

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