January 27, 2020
Have you ever thought about investing in property?
Philip James are advertising a two bedroom apartment located on Clyde Road priced at just £189,950. This will let for a minimum of £1,000 pcm.
With it being conveniently positioned close to West Didsbury and a stroll away from the Metrolink, this property will benefit from a high level of interest from prospective tenants.
Burton Road is close by and attracts professionals who will enjoy the local bars and restaurants it offers. Didsbury is certainly the place to be!
Click here for the Rightmove advert for more details. I am free to discuss this property or any other property that you are interested in purchasing, please feel free to call me on 0161 249 5160.
March 20, 2020
I wanted to talk to you about why Landlords are thinking about long term investment in Property.
Landlords are looking towards their future and what a good way to do this is by investing their hard earned cash/savings into property.
My advice is to look at the following when choosing your next investment:- Price, Quality and most importantly, Location.
Price is key to ensure that you don’t pay over the odds for a property. If its a Buy to Let mortgage they will assess how much percentage the annual rental income achieves over the value of the property. A good Rental Yield as an example would be 5%.
Quality – this refers to the property repair and standard overall. As with all investments, you want to try and keep the costs low so choose wisely. You don’t want to burn a hole in your pocket if the outcome is much smaller financially. Always assess the cost of works that would be required.
Location – Always try and invest in an area where there is a demand for property. Look at what is currently available to rent, ring some local Agents to see how quickly the properties would rent for. Look for local Transport links into the main city, schools and amenities.
An example would be the following property which is currently on the market with Bridgfords Click here to see the link to Rightmove for a 1 bed apartment on Clyde Road.
For this type of property you can achieve a rent of £750 pcm which will give a rental yield of over 5%. Clyde Road offers excellent transport links, close to all the amenities and also a Stroll away from the bustling West Didsbury Vibe. The type of Tenant will attract someone of a professional background and properties in this area hold their value in years to come.
I am happy to discuss your next investment with you so do give me a call on 0161 249 5160 / 07584 038 497 or drop me a line firstname.lastname@example.org.
March 20, 2020
Many of the local restaurants are having to evolve how they operate, and a great example is Thyme out, one of West Didsbury’s staple café/ restaurants.
Due to Covid-19, they’re changing how they do things, until further notice, they’ll be closed to walk-in customers, but we will be launching a delivery/ collection service as of Friday 20th March.
They’re also launching ‘Prepped’ an alternative take away – a great concept and bound to be a winner. Check it out…. https://www.thymeoutfoodco.co.uk/index.html
March 20, 2020
Support local businesses during this busy time, they’re here to support you!
Many of the fantastic local, independent businesses are offering local delivery for those stuck at home, and I believe stock levels are much better in local shops rather than the big chain stores.
If you own or run a local business, here is also a great place to get your message out there and help to support each other during this crazy time. https://twitter.com/hashtag/didsbury?lang=en
March 20, 2020
A facebook group has been set up to support people, particularly those having to self-isolate throughout Didsbury, Withington and Burnage.
Set up by Jen Sevaris she’s establishing if anyone can help by doing shop runs, getting medications etc for people who cannot get out to do so then please volunteer on the face book page. Please write the times you are free, your name and area you will travel to, if you have a car and if you are DBS checked or not. For anyone needing help or knows someone who needs help for anything like food, medication etc just ask for help and hopefully someone from our community will be able to help. https://www.facebook.com/groups/138973914166677/?ref=group_header
March 16, 2020
When it comes to buying property, it is important to keep in mind that it could potentially be the home you live in for the rest of your life. With this in mind, it is essential that when you view potential properties that you take the time to be thorough and get all the information you can.
To help make sure you don’t miss a thing and make the right choice when you do eventually make an offer, we’ve compiled the following list of tips to help you to view a property like a pro.
We all feel a bit strange viewing someone else’s home, but as we said earlier, you could be living in this property for decades, so don’t rush through this process! It’s vital that you spend close to 30 minutes exploring the property, asking questions and just getting a good sense of how it feels. If you just wander from room to room, taking a quick look and then moving on, you won’t get a good feel for the property. Taking that little extra time will mean you are well-informed when you come to make a formal offer.
Think about how much space there actually is
When it comes to property, space is one thing you can never have enough of. Whether you’re looking to fit in that Queen-size bed or you need somewhere to store all of the precious knickknacks that you have collected over the years, space is incredibly valuable. Pay attention to the way the current owner has laid out the furniture, as it will provide you with some insight into how to best make use of the property’s available space. It’s also an excellent opportunity to think about how much room your items take up and whether there is any scope for a little pre-move declutter.
Take a walk through the area
When you’re buying a property you’re not just investing in that building, you’re also investing in the neighbourhood itself. If you’re first-time buyers and looking to build a life in this new home, you have to ask whether the area is suitable for your family’s needs. Are there plenty of shops close by? How do the local schools perform? It’s best to wander around the area for a short while in order to see how it all feels, after all, if you’re going to be here for some time, you need to feel comfortable.
Once you’ve taken a good look, take another and maybe another
As we stated at the beginning, when it comes to buying property it’s best done the right way, but even when you do everything right, it’s always best to check things twice. No matter how thorough you intend to be there is always the possibility that you missed a couple of things the first time around. Most would advise visiting a property 2-3 times and at different times of the day – if possible – to see if you feel the same way each time. Buying a home can be very exciting, so it is worth visiting the property a few times.
Don’t forget that your agent is there to help you! Make sure you ask them questions about the property’s history and the local area, as they will be more than happy to assist you with your decision.
March 16, 2020
In often cases, the kitchen is what holds properties back from selling quickly. Not everyone can afford to replace a full kitchen, but with some pointers, and a few YouTube tutorials along the way, you can learn how to make affordable improvements yourself. Without breaking the bank.
A typical 8-unit kitchen that provides 10m2 of storage space can cost at least £1000. A larger kitchen however, requiring 20-units, giving 30m2 could be more like £7000 and that’s not even including the worktops, appliances or installation fees. Besides, if you were going to invest that much money, you’d want it to be for your own kitchen that you can enjoy yourself! With our kitchen guide, you can transform your kitchen space for under £80!
Before we start, you will need: (For the best quality supplies, head to Dulux or Johnstones.)
• Dust sheets! Old bed sheets will do too or these can be ordered online for as little as £1.
• Degrease wipes £2 from any supermarket
• Advanced primer in white £8
• Water based acrylic satin, mixed in any colour you want £9
• Foam roller £4
• Paint brush pack £11
• Mini roller bucket £3
• Knotting solution £7 (if necessary)
• New cupboard furniture, around £20
• Sanding pad pack £4
Step 1. PREP
Start by removing cupboard and draw furniture (handles and knobs.) Use a screwdriver to do so, usually either a flat head or a Philips. Then start sheeting the floor. You don’t want any paint splashes on your tiled floor (use masking tape to secure if you’re worried.) With your sanding pad, start going over the ins and out of your cupboards. Be thorough and make sure all food splashes are rubbed off. Dust down well. Then with the degrease wipes, give everywhere a wipe down. This is important and if done properly will help the paint sit better on the surface.
Step 2. BARE WOOD?
This step is only for those who will be transforming bare wood units. After wiping down, get your knotting solution and with a cloth or thin paint brush, ensure all wood knots are covered well. If you don’t know what a knot looks like, give it a google! We use this so the darkness of the knots, don’t shine through under the paint, especially if it’s a light colour. This dries instantly, so about fifteen minutes later move on to the next step.
Step 3. PRIME.
With a 1.5-inch paintbrush start applying the advanced primer. This removes the porosity creating a smooth coat ready for the following final coats. To get the best outcome do two coats, just to get a good coverage, avoiding any other colour or wood flashing through. Leave around 3 hours in-between coats and overnight for the last.
Step 4. PAINT.
Grab the water based acrylic satin, a clean brush, foam roller and mini roller bucket. This stage can vary depending on what cabinets you have. If you just have flat doors and draws, then that’s easy! If you have grooved or paneled cabinets, then this will require just a little more attention. For flat doors, with the brush, paint the outskirts of the door. Do one door at a time and don’t do a wide area, keep it neat and narrow. Coat the roller well in the acrylic satin and spread evenly over the entire door and lay it off well so there are no bubbles and is evenly covered. Don’t forget to do the side of the opened door as well. Don’t apply any more paint to the roller, just run it up and down and it will cover perfectly. If you want to do inside the cabinets as well then repeat this process.
For grooved or panelled doors, paint with a brush the panels and grooves, if there is an area larger than the width of your roller, roll it. If it is smaller and needs the paint to be worked into it, then stick with a brush. Lay it off well with the roller again to make it smooth and even. Using a foam roller will eliminate any brush marks and will make it look like the cabinets were that colour to begin with!
Make sure all edges are painted. This stage needs two coats, so wait 6 hours between coats and then overnight after the final. You might be thinking this will take up too much time, but I would say it’s much better than having fitters in and leaving you without a kitchen for a couple of days.
Step 5. DRESS.
This is the fun part. Now everything has dried, removed the sheets. To make the kitchen more modern and in keep with the transformation, you may want to replace the furniture. You can get a pack of four handles from Wilko for £6. When putting these on, be careful not to scratch your masterpiece! Dress with a new fruit bowl, a fresh bunch of flowers or some hanging green plants.
There are millions of hints and tips found online. Look through Pinterest for colour inspiration and watch any YouTube videos along the way if you find yourself struggling. Just by doing this can really increase your chances of selling. A major kitchen remodel only returns around 80% on to your investment, a minor remodel like revamping your cabinets, has an 87% return!
For £80, it’s a no brainer.
March 16, 2020
Interest rates have been cut to 0.25% in a bid to shore up the economy amid the ongoing coronavirus outbreak. This is the first time since the financial crisis that the Bank of England has announced an emergency move.
Low interest rates may well help cushion the housing market in the months ahead. Over 70% of homes are purchased with a mortgage.
According to data from the Bank of England, activity in the mortgage market is currently at a four-year high and mortgage rates are increasingly competitive on the high street.
In 2008, interest rates were cut for six consecutive months, falling from 5% in September 2008 to 0.5% in March 2009. Low interest rates helped the property market rebound throughout 2009.
March 6, 2020
A great Investment for all property investors.
A open house is being held with Edward Mellor tomorrow on Bikerdike Avenue click here for the property details
If you are looking to add to your portfolio, this will be an easy buy for a fantastic return of 6.5% if let at £650 pcm giving you a yearly income of £7,800.
Location is ideal being situated close to Levenshulme and Longsight with a bus ride into Manchester which will attract young professionals who want to enjoy the Hussle and Bustle of the local markets within a vibrant Community.
Call me on 0161 249 5160 / 07584 038 497 if you want to discuss this property or any other properties that you may be looking to invest.
March 3, 2020
The government has announced its First Home scheme, a policy which plans to offer first-time buyers a 30% discount on some new build homes, aiding affordability by lowering mortgage and deposit costs.
The First Homes scheme would reduce the average price of a first-time buyer property in the UK from £285,874 to £200,112. Assuming a 20% deposit and 80% mortgage, using the scheme would reduce a first-time buyer deposit by £17,152 and the mortgage needed by £68,610.
Currently it is thought that the discount will be locked into the property to ensure more first-time buyers benefit in years to come.
The government is committed to delivering one million new homes over the next five years and the First Home scheme would ensure a proportion of these are available to first-time buyers at a discount. With Help to Buy due to end in 2023, First Homes could help plug the gap. However, there are concerns that First Homes will come at the expense of traditional affordable housing, such as affordable rent, social rent and shared ownership.
February 24, 2020
Cove is a recent addition to the hugely popular Burton Road scene in West Didsbury and is the new spot to be seen at!! Come Join in for good vibes, fabulous people, great tunes & the best of all your favourite drinks & rum cocktails!
Join them for their ‘Old School Friday’ which takes place on the last Friday of each month, perfect for those waiting for pay day before they head out for some rum based fun!