Today Tom and I went out to Northenden, an area only a few minutes from the heart of Didsbury, where the sales prices have not risen to the same heights as the central M20 postcodes, and where the rents mean a 5% return can be expected in most cases. With [...]
Didsbury landlords are becoming progressively more self-assured about expanding their rental portfolios; as Didsbury rents rise, mortgage interest rates fall and demand for decent Didsbury rental properties outstrips supply. A number of reports nationally would suggest around a third of UK ‘portfolio’ landlords (i.e. landlords with more than one rental [...]
With Rightmove announcing a national drop of 0.3% in average asking prices in August, some are asking if the steam has been let out of the property market. Yet with the gains we have seen in the last 12 months, is this just a minor bump in the road? Alarm [...]
Whether you are a Didsbury homeowner, first-time buyer or landlord; the last 15 months has been a roller coaster ride when it comes to the Didsbury property market. With 213,120 UK house buyers and 58,580 UK tenants moving home in June, the summer has been manic for many people. Meaning [...]
The value of an average Didsbury semi-detached house has increased in value by £108,360 in the last 12 months, an increase in value of 8.1%. Yet the costs of building a Didsbury home have shot up even more in the last 12 months, meaning the price of Didsbury new homes and [...]
There is no getting away from the fact that the rise in the number of buy-to-let properties in Didsbury has been nothing short of astonishing over the last twenty years. As a result, many in the press have said Britain is a broken nation, with many twenty and thirty-somethings unable [...]
Would it surprise you even more when I said the ratio of house prices to wages are still lower today when compared to 1871? Yes, you read that correctly, as a proportion of average wages British house prices are 17.6% proportionally cheaper today than they were in 1871. I wish [...]
All the signs are that the Didsbury housing market is sat on good foundations, yet one key hazard could still scupper the market. ‘UK Property Prices Rising at Record Levels’ is the headline of many newspapers. In the last few weeks, the Halifax reported they had grown by 6.5% in [...]
A new Hartley’s style semi detached property coming onto the market this week with a large corner plot and requiring cosmetic updating throughout. The property is very well priced to reflect the work required and would be ideal for a wide range of buyers. With gardens to three sides it [...]
As 1 in 14 Didsbury homes are selling within a fortnight of coming to market One of the most astounding things that has happened in the last 12 months was something that did not happen. Even after the country saw the deepest recession since the Great Freeze of 1709, with GDP [...]
