DIDSBURY PROPERTY BLOG
LATEST NEWS
Is now a good time to find a tenant?
As we all finally start to get over our Christmas hangovers one of the biggest questions we are being asked on the lettings side is simply, is now a good time to find a tenant? A lot of landlords are worried that with the dread Covid still hanging over us, [...]
WHAT WILL HAPPEN TO DIDSBURY HOUSE PRICES IN 2022?
Traditionally, if you had not sold your Didsbury home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Yet matters have been different this [...]
6% GROSS YIELD – BURNAGE – 2 BED APARTMENT
On the 11th January, Philip James Kennedy added to the market this 2 bed, 2 bathroom top floor apartment on Fog Lane in Burnage. This apartment seems to be in great condition and based on our recent rental prices around this area, we would be looking for a figure of [...]
Four Bedroom HMO – Withington
On the 11th of January MCRMove added to market a four bedroom HMO property in the Withington area. The property is currently let as a four bedroom property, the rental isn't confirmed on the advert however typically in the area the rents are usually in the region of £,1300-£1,350 collectively. [...]
6.5% Gross Yield- West Didsbury- Victorian Conversion
On the 15th of December, Philip James Kennedy, added to market a one-bedroom lower ground floor apartment on Goulden Road in West Didsbury. This apartment seems to be in excellent condition and based on recent rentals in the area we would be looking in the region of £900 per calendar [...]
Withington Investment Property- 7% Return
On the 7th of December, Reeds Rains brought to market a one-bedroom apartment in a converted house in Withington. It is being sold using the modern method of auction, so extra fees are required, however with a £625-650 monthly rental expected the overall yield will cover some of these costs. [...]
HOW WILL ‘LIFETIME DEPOSITS’ CHANGE THE DIDSBURY RENTAL MARKET?
The Government’s scheduled publication of their White Paper for the Renter's Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords [...]
WOULD YOU RE-MORTGAGE YOUR DIDSBURY HOME TO HELP YOUR CHILD ONTO THE PROPERTY LADDER?
How far would you go to help your child get on in the world? Many Didsbury parents move area to ensure their child gets into the best primary school or fund their university costs. Many of you reading this have even helped your children with the deposit for their first [...]
Wythenshawe Investment Property- No Chain- 6% Yield
On the 1st of December, Hampshire Estate and Lettings added to the market a three-bedroom, no chain, mid-terrace property. It has hit Rightmove with a price of Offers in Excess of £170,000, and our expectations of the rent are in the region of £850 per calendar month, giving a yield [...]
No Chain Buy To Let- 6% Gross Return
On the 22nd of November, Purplebricks, brought to market a two-bedroom apartment in The Lowry on Whiteoak Road in Fallowfield. The apartment has come to the market with a Guide Price of £170,000 and an expected monthly rental of £850, giving a gross return of 6%. On top of this [...]
6% Gross Yield Investment in Fallowfield
On the 15th of November Homes4U added to the market a two-bedroom apartment in the Village Gate development on Wilbraham Road in Fallowfield. This property caught my eye as it is being sold with tenants in situ, currently at £795 until August 2022. With an asking price of £159,950 the [...]
HAS BUY-TO-LET CHANGED THE DIDSBURY PROPERTY MARKET?
The ‘Buy-To-Let’ (BTL) mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer BTL mortgages has changed the face of the Didsbury (and national) property market? But has it been [...]
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ABOUT THE BLOG
This blog follows the property and buy to let market in Didsbury. You’ll find insight, commentary and analysis that relates specifically to Didsbury, along with the latest investment deals from all agents in the area.
BEN FOSTER – CO-AUTHOR
I have a wealth of property experience around South Manchester and I am really passionate about Didsbury. If you have any property related matters, whether buying, selling or just curious about whats happening at this very moment in M20 and you are around the village just pop into my office, alternatively call or e-mail me:
0161 434 4311
benfoster@julianwadden.co.uk
MARK DIAMOND – CO-AUTHOR
I have a strong passion for property, in particular the Lettings market. If you a question about lettings, potential rental returns and yields, and legal changes for landlords or anything else buy to let please get in touch.
0161 249 5160
markdiamond@julianwadden.co.uk