Month: December 2016

tapas anyone?

You know how it is, you wait for a new Tapas restaurant to open in the village, then suddenly 2 pop up virtually at the same time!

Tony Barrow has opened his first restaurant ‘Nueve’ just along from Axons on Barlow Moor Road, serving ‘Authentic Spanish Tapas using the best of Spanish and Local Produce’, whilst just around the corner ‘La Cantina’ has just opened their doors on Wilmslow Road following the success of the Heaton Moor version which has proved very popular having taken over the bar area of Damson. Both appear big on the Gin selection and the initial feedback is great, so we wish them both every success in their new ventures…

‘Nueve’ opened by Tony Barrow is his first restaurant after 19 years in hospitality. His inspiration is trying to take the standards and quality from his experience in larger corporate restaurants and pairing it with the relaxed feel of the neighbourhood bars he loves in Moraira, experienced whilst working in Spain.

It’s been a long process to get the building ready. The place started off as a burnt out chip shop and had been abandoned for years; they’ve had to strip it right back and then start to put their own touches to the place.

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christmas tree recycling in didsbury

Taking place for the first time in M20, ‘JustHelping’ a UK registered Charity are supporting St Ann’s Hospice and other local charities by organising a Tree Recycling scheme.
This year you can forget those queues at the tip and avoid the pine needles in the car by registering for your tree to be collected on either Saturday 7th January or Sunday 8th January and making a voluntary donation to help raise money for people in need.
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pinchjo’s fundraising event on xmas eve

It’s been difficult not to be moved by the News coming out of Syria, and whilst we’re all busy at Christmas, sometimes we need to take note of other peoples suffering even if the powers that be don’t appear to be doing so.  So, on Christmas Eve, Ponchjo’s in West Didsbury from 2pm are serving food – £10pp – and all food proceeds will go directly to Medecins Sans Frontieries.  If you can’t attend, please think about donating – details of how to book and donate are on the website.

http://www.pinchjos.co.uk/

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it’s official – letting agents save landlords an average £1,910 per year

A new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.

The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for money offered by letting agents.

Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month. However, a new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.

The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for money offered by letting agents.

Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month.

However, comparative analysis of the rental income and void periods for those landlords with, and those without, agents suggested that in fact agents saved their clients an average of almost £2,000 each.

Most of the savings for landlords are created by agents minimising void periods when compared to landlords who go it alone marketing their property.

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sales in M20 by quarters

It is the time of year when we can reflect on how the last four quarters have performed. The adjacent chart splits the total number of sales for all property types into quarters. Not surprisingly, last quarter of 2015 was the strongest quarter with 276 sales (35.8%) in M20. The first quarter of 2016 saw 255 sales, which equates to 33.0%.

 

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what jobs do people do in M20?

The percentage of people employed in various industry sectors is often a good indicator of the distinct character of an area. In M20, the largest number of jobs were in Health, taking up 17.1% of jobs. Education had the second largest number of jobs with 15.7% of jobs.

 

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studio apartment close to the heart of west didsbury

Situated in a popular development close to Burton Road and the centre of West Didsbury is this well presented studio apartment. Marketed by Philip James Kennedy for £94,950 you could expect to achieve a rental of £550pcm giving an annual yield of 6.9%!! Properties like this rent really well and with the Metrolink just a short stroll up the road this apartment would be a real hit with professionals looking for an easy commute.
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M20 flat and house prices

The last 18 months have seen a seismic shift in the underlying dynamics of the UK economy. While the long term effects of Brexit on property prices remain to be seen, price levels in M20 remain robust, as the adjoining chart shows. Prices for flats have increased 11.5% since January 2016 and house prices have increased 15.3% since January 2016.

 

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what impact does a good primary school have on M20?

A property’s desirability is often a popular subject when we are talking to homeowners and local investors. Sure, you will find that Kirsty and Phil are right, and it is all about “location, location, location”, but the savvy property hunter has something else on their minds these days, and that is “education, education, education”.

More and more people searching for a home are looking at a property’s proximity to a good school before signing on the dotted line. If you already have children, the importance of this cannot be taken lightly, while it is also something to think about for those who are planning on starting a family in the near future.

Ofsted report and rank all schools in the UK, with their results having a huge effect on how desirable a school is. Consequently, this has a knock-on effect on demand for nearby housing.

If you look at the league tables, you will see that Beaver Road Primary School is one of the best local primary schools in M20.

The figures don’t lie: in the last academic year, 88% of year six students hit the nationally expected target of level four and higher in the key areas of reading, writing and maths. It was also found that 27% of pupils hit the “above national average” level five. You can’t argue with a low pupil to teacher ratio either. Beaver Road Primary School has an average class size of 24.1,  which means more teacher attention for each pupil and a greater chance of child progression.

These excellent results have impacted both local schools and property prices. The 2km zone around Beaver Road Primary School has an average sold property price of £279,300 in the third quarter of 2016, whereas 4km away the average sold property price was £237,500, a 15.0% premium.

beaver-road-school

It is not quite the same story for secondary schools but there are good reasons for this. Your average secondary school is large, much larger than a primary school, so it takes in more pupils every year. This means that its catchment zone spans further than primary school’s catchment zones. Parents do not need to live so close to a secondary school to be assured a place for their child.

The other issue is that according to the London School of Economics, the difference between the top and bottom 25% of secondary schools is not quite as dramatic as the top and bottom 25% of primary schools. A good primary school in M20 is potentially going to have far more of an impact on a child than a good secondary school.

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