#PROPERTYOFTHEDAY #87: 2-bedroom apartment – Saford, Manchester

On www.propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

 

Today we are highlighting Bright Estate Agents and their lovely 2-bedroom property which is currently available for rent for £1,200.

 

Insight on the Property:

 

Stunning luxury apartment in the Leftbank development, 900 sq ft, 2 double bedrooms, 2 bathrooms, fully furnished to high standard, balcony and views over the river, 24 concierge parking and secure underground parking included.

Notice
All photographs are provided for guidance only.

 

For more information on this property and the agents, check out the properties listing on their site: https://bit.ly/2HsyMjl

#PROPERTYOFTHEDAY #86: 5-bedroom house – Prestwich, Manchester

On www.propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

 

Today we are highlighting Martin & Co in Manchester and their lovely 5-bedroom property which is currently available for rent for £1,200.

 

Insight on the Property:

 

SUMMARY Are you looking for a New Home, with Four or Five Double Bedrooms? Garage? Three Bathrooms? Off Road Parking? State of the art Fixtures and Fittings? Marble Floors? If so… Martin & Co have available for long term rent a selection of BRAND NEW Four (and one Five) Bedroom Town Houses available from July 2015! Call now to arrange a viewing and reserve!

Each property briefly comprises of a hallway with marble flooring and under-stairs storage, a guest wc, kitchen / diner / living room with French Doors to the rear courtyard, a 1st floor lounge (some with balconies), four double bedrooms (two with en-suite facilities), a family bathroom with over head shower and vanity unit.

Each property has an integral garage, off road parking for two vehicles and a private enclosed rear courtyard.

Fixtures and fittings have been imported especially for this development and as such you will find that in addition to the generous room sizes the properties have been designed with a certain wow factor too!

** Please note the photographs and room dimensions relate to a 4 bedroom property which are available at £1095 pcm from August 2015 **

HALLWAY 20′ 2″ x 7′ 6″ (6.15m x 2.29m) Neutral decor, marble floor tiles, understair storage, UPVC door, access to garage, kitchen and 1st floor

KITCHEN / DINER / LIVING ROOM 18′ 0″ x 13′ 9″ (5.49m x 4.19m)
Neutral decor, a range of modern wall and base units with soft closers, five ring gas hob, funky LED extractor fan, granite worktops, sink, marble tiled floor, UPVC window and French Door, breakfast bar

GUEST WC 3′ 9″ x 3′ 5″ (1.14m x 1.04m)
Neutral decor, partially tiled walls, marble tiled floor, white two piece bathroom suite

INTEGRAL GARAGE 19′ 6″ x 9′ 4″ (5.94m x 2.84m)
Electrically operated external door, internal access door, light, power and plumbing points

LOUNGE 18′ 1″ x 10′ 1″ (5.51m x 3.07m)
Neutral decor, marble floor tiles, underfloor heating, UPVC window, French Doors, Balcony

MASTER BEDROOM 18′ 1″ x 10′ 4″ (5.51m x 3.15m)
Neutral decor, carpet, French Doors, Juliet Balcony

ENSUITE TO MASTER BEDROOM 7′ 4″ x 6′ 1″ (2.24m x 1.85m)
Neutral decor, partially tiled walls, marble floor tiles, white toilet, vanity unit / sink with mirror, shower cubicle, chrome towel rail / heater, UPVC window

BEDROOM TWO 13′ 10″ x 10′ 2″ (4.22m x 3.1m)
Rear aspect, neutral decor, carpet, UPVC window, access to en-suite, French doors and balcony

ENSUITE TO BEDROOM TWO 10′ 1″ x 3′ 0″ (3.07m x 0.91m)
Tiled floor, partially tiled walls, white hand basin and toilet, shower cubicle

BEDROOM THREE 16′ 2″ x 10′ 1″ (4.93m x 3.07m)
Front aspect, neutral decor, carpet, French doors and juliet balcony

BEDROOM FOUR 13′ 10″ x 7′ 7″ (4.22m x 2.31m)
Rear aspect, neutral decor, carpet, radiator

BEDROOM FIVE
Neutral decor, carpet, UPVC window, radiator

FAMILY BATHROOM 7′ 4″ x 6′ 3″ (2.24m x 1.91m)
Neutral decor, partially tiled walls, white three piece bathroom suite with overhead shower and glass screen, UPVC window, chrome towel rail / radiator

EXTERNALS
Private parking for two vehicles to the front and an enclosed stone paved courtyard to the rear

AGENT CREDENTIALS
Is your current agent:

1. A Licensed member of the Association of Residential Letting Agents? ARLA

2. A Regulated member of The Property Ombudsman Scheme? TPO

3. A Member of the Safe Agent scheme?

Do they have:

1. Professional Indemnity Insurance?

2. Client Money Protection Insurance?

3. Public Liability Insurance?

4. Employers Liability Insurance?

5. Externally Trained Staff?

If not, why not?

LOOKING TO SELL OR RENT?
Our approach is all about you!

At Martin & Co we have over 25 years experience dealing with landlords, tenants, sellers, buyers and investors. We have over 190 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell. Don’t take our word for it, let our actions convince you!!

Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation.

 

For more information on this property and the agents, check out the properties listing on their site: https://bit.ly/2vgrSJj

 

 

 

 

#PROPERTYOFTHEDAY #85: 2-bedroom apartment – Salford, Manchester

On www.propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

 

Today we are highlighting Manchester City Sales & Lettings in Manchester and their lovely 2-bedroom property which is currently available for rent for £1,300.

 

Insight on the Property:

 

  • Fabulous Penthouse
  • Two Bedroom
  • Duplex
  • Very Bright
  • Great Location
  • Balcony
  • Amazing views
  • Parking can be available at an extra cost of £120pcm

Description

A breathtaking penthouse at the top of The Bailey, situated on Bridge St. This amazing duplex pentouse is a great size, it has a large living area with double heighted ceilings that also have floor to ceiling windows which allow the property to be flooded with natural light. The property is fully furnished to a fabulous standard, with two great sized bedrooms and three bathrooms, this property is a must see.

Notice
All photographs are provided for guidance only.

 

For more information on this property and the agents, check out the properties listing on their site: https://bit.ly/2H0GiTl

 

Ministers supplementing salaries with rent from privately let property tenants, figures reveal

Cabinet members are supplementing their salaries by letting properties to tenants, figures show, leading to questions about how suited they are to represent the interests of millions of people locked out of the housing market by high prices.

Theresa MayPhilip Hammond and Liam Fox are among landlords benefiting by at least £10,000 a year, according to the parliamentary register of MPs’ interests.

Critics said it was unfair that people who could afford to invest in the housing market were able to earn from a second home while younger workers struggled to get a foot on the ladder after prices soared to unattainable levels.

Housing minister Sajid Javid and transport secretary Chris Grayling were among the Conservative MPs earning healthy incomes from property investments, a report in The Guardianhighlighted.

Labour MPs receiving more than £10,000 a year from second homes include Emily Thornberry and Keith Vaz.

The names emerged after Labour this week demanded an investigation into Jeremy Hunt’s “oversight” in failing to register an interest in a firm that bought seven luxury flats.

The health secretary blamed an “honest administrative mistake” but Labour said it would refer Mr Hunt to parliament’s standards watchdog.

The Register of Members’ Financial Interests shows that since last summer the prime minister and her husband let out a flat in central London, giving them an income of more than £10,000 – the threshold of declarable earnings.

Mr Hunt has a half-share of a holiday house in Italy and a half-share of an office building in Hammersmith as well as the interest in the seven apartments in Southampton.

Chancellor Mr Hammond rents out his house in London, earning above the threshold since February last year. He is also a beneficiary of a trust with a controlling interest in property development firm Castlemead.

Foreign secretary Boris Johnson, trade secretary Mr Fox, Mr Grayling, Mr Javid and former attorney general Dominic Grieve also have tenants in London homes, according to the register.

But Tory MP Nadhim Zahawi appears to have the largest property interests, with 10 listings, which include a home and 31 acres of land in Warwickshire, with stables run as a livery yard by Zahawi and Zahawi Ltd; a residential buy-to-let property in London, divided into three flats and a house in London rented out since 2015. He has also declared a string of commercial property interests.

Shadow foreign secretary Ms Thornberry jointly owns with her family a flat in Guildford, Surrey, that provides an income of at least £10,000, and Keith Vaz rents out two flats in London, the register shows.

One critic tweeted: “Whilst this is not illegal, it does feel morally reproachable that cabinet members, intent on wrecking the economy and our prosperity through Brexit, should be feathering their nests so nicely for themselves.”

Another said: “I wonder why there’s a housing shortage and rising private rents.”

User @jo55adams attacked the “rich millionaires buying extra houses so young people can never buy”.

But other people said they saw nothing wrong. “Just investing intelligently, I would do same,” said another Twitter user.

The Independent has asked the Conservative Party to comment.

——————————– Article from #TheIndependent

#PROPERTYOFTHEDAY #84: 2-bedroom apartment – Salford, Manchester

On www.propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

 

Today we are highlighting Manchester City Sales & Lettings in Manchester and their lovely 2-bedroom property which is currently available for rent for £1,295.

 

Insight on the Property:

 

  • Two Large Bedrooms
  • En-suite
  • High ceilings
  • Sash windows
  • Spacious
  • Garden Views
  • Great Location
  • 24 Hour Concierge
  • Secure Valet Parking

Description

A beautiful two bedroom apartment in the iconic Century Building. With a garden aspect you can people watch for hours. The large apartment, has a generous living area, with high ceilings, and hardwood floors. The bright raised kitchen, has lots of storage space. Each of the bedrooms, are large and bright, with large windows and soft carpets, the master benefits from en suite. The apartment comes with secure underground valet parking and the building benefits from a 24hr concierge team.

Notice
All photographs are provided for guidance only.

 

For more information on this property and the agents, check out the properties listing on their site: https://bit.ly/2qx0p1c

 

 

#PROPERTYOFTHEDAY #83: 3-bedroom apartment – Salford, Manchester

On www.propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

 

Today we are highlighting Case McNair Independent Estate Agents in Manchester and their lovely 3-bedroom property which is currently available for rent for £1,300.

 

Insight on the Property:

 

AVAILABLE MID-APRIL Furnished, Underground Secure Parking, Three Double Bedrooms, Two Bathrooms. One Regent is located on the banks of the River Irwell offering luxurious, spacious, high-spec city living. 24hr concierge,

These Luxurious Units benefit from Walnut Veneer Internal Doors, Satinwood finish to internal skirtings and architraves, handle-less door, and drawer fronts, LED downlights throughout, and much more. All Appliances have been Integrated, Including- Fridge-Freezer, dishwasher, ceramic hob and oven. Washer/ Dryers have also been equipped in the utility area.

Installed in each apartment are dedicated Hyper-optic, fibre-optic, and TV provisions including BT, SKY and Virgin Media. Full Specification available upon request. The exterior communal area has a central landscaped courtyard backing on to the River Irwell. Security fobs control all the buildings vehicle/ pedestrian access points within the development. CCTV surveillance within the public areas are controlled by the 24/7 concierge service.
Located on the banks of the River Irwell. The development is a 5 Minute walk away from Castlefield, 15-20-minute walk from Deansgate/ Spinningfields. Cornbrook Station is right next door with access to Media City and the rest of Manchester. Regent road retail park is also nearby with a large Sainsbury`s and multiple other convenience stores to choose from.

Notice
All photographs are provided for guidance only.

 

For more information on this property and the agents, check out the properties listing on their site: https://bit.ly/2H5Ill2

 

Spring selling season standstill

It was an announcement homebuyers and sellers barely needed to be told – Britain’s property market is going through its flattest period in the last five years. A report from the Royal Institution of Chartered Surveyors (Rics) found that demand from buyers, and new instructions from sellers, were down again, the lowest figures since 2013.

The survey paints a picture of the UK market as one affected by the poor weather earlier this year, fears over the effects of the Brexit negotiations, and even bitter infighting among estate agents to get properties on their books.

This week marks the start of what is traditionally the spring house-selling season, but that prospect appears remote this year.

So what hopes are there for buyers and sellers trying to move home, and young people attempting to get on the ladder?

A picture of the market

The Rics survey balances surveyors who have seen price rises, versus those that have seen falls.

The latest survey, released last week, found that the housing market in the south-east and London is particularly weak, while the rest of the country was somewhat better.

And there does not appear much hope of change. “Forward-looking metrics suggest little prospect of the tide turning to any meaningful extent over the near term,” it read.

A more plainly-worded assessment is provided by those surveyed by Rics.

“The shortage of instructions has resulted in an epidemic of certain agents persistently trying to poach properties already on the market with other agents. “This is further besmirching the general estate agency business,” said one surveyor in Doncaster.

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Bad weather earlier this year added to the lack of activity a number of those questioned reported. “Market appraisals and levels of activity have decreased due to the recent severe weather conditions,” said one. “New instructions were slow to come forward, strongly influenced by cold, wet weather and snow,” said another.

Some also complained of the uncertainty which surrounds the Brexit negotiations.

Last month, research from estate agency chain Your Move found house prices in parts of London – once at the centre of the UK property boom – have fallen as much as 15% over the past year.

At the end of 2017, Rics predicted that there would be a drop in prices in the capital and the south-east as the cautious mood of last year continues. “Brexit is having a marked effect on sales and prices, reducing both by up to 10%,” said one surveyor.

“There seems to be an air of uncertainty which has resulted in reduced instructions and inquiries,” replied another.

What now for the market

For those who want to sell their home, there are ways to improve their position.

The first step is to ensure that estate agents are doing their jobs properly, says Paula Higgins, chief executive of the campaign group HomeOwners Alliance.

While tradition has dictated prices would rise year on year, especially in London, this is no longer necessarily the case. “Sellers have got to be careful that they choose their estate agent very carefully. Don’t go for the one that tells you what you think you want to hear. Make sure they are there to sell your property and they are not overvaluing it,” she warns.

“Some sellers have been locked into long contracts with an estate agent who is not working in their best interest. I spoke to one person who had an estate agent who had been doing nothing for them for 26 weeks. That is half a year of their life on hold. It is a bit of an unregulated area, so do your research.”

Simple moves to make the home more attractive to a buyer can make the difference, says David Blake from Which? mortgage advisers. “It makes sense to try and get your property into a condition where someone viewing it wants to buy it. That might mean investing a bit of money.”

And for the buyers?

A lack of availability of appropriate properties has stalled many buyers from investing and getting onto the ladder.

“There is a fundamental lack of affordable housing in the UK, especially if it is something that is priced properly … if someone wants to sell, get in quickly,” urges Higgins. For those holding off, they need to consider the costs of not buying, Blake points out. “A buyer needs to take a long-term approach and think about the cost of renting over that time.”

For those committed to buying now, despite the lack of supply, Higgins says they may have to open their minds to other options. “Don’t be so prescriptive about what you want. Find a ‘doer-upper’, or something with potential, rather than a property that is ready to move in.”

She points out that a third of transactions fall through, which highlights the need for buyers to be organised and ready to go ahead with a sale. This means having funding sorted so that once an offer is accepted, you can move quickly.

First-time buyers

Changes which were brought in with the new tax year on mortgage interest relief for buy-to-let mortgages, could have a knock-on effect for first-time buyers.

At the beginning of last year, landlords could offset all mortgage interest payments against rental income but this was reduced to 75% in the 2017-18 tax year and is now down to 50%.

As many buy-to-let landlords are on interest-only mortgages, these changes have drastically affected incomes and the number of people moving into the sector.

This could free up properties for first-time buyers who have typically gone head to head with buy-to-let landlords, says Higgins.

Other first-time buyers could, themselves, apply for a buy-to-let mortgage if they are priced out of the market where they live, says Blake.

He said: “Some people have made the decision, ‘I live in London, I can’t afford to buy a property that I want to live in, in London, but I want to get on the housing ladder’.

“A deposit which is 5% in London is 25% in the country and can buy an investment property to let out.”

Mortgage rate rise could go on hold

Bank of England governor Mark Carney announced in November that interest rates would rise for the first time in a decade, from 0.25% to 0.5%. A further two rate increases of 0.25% are expected before 2020 with some economists predicting another could come as soon as May. However, the slow property market has also led to questions over whether the interest rate rise will be delayed.

Rics chief economist Simon Rubinsohn says it could prompt the Bank of England to stall the next rise. Some 9.2 million households across the UK have a mortgage, half of which are on standard or a tracker rate.

The rise in November meant that the average homeowner – with a typical mortgage of £175,000 – was hit with an increase of about £22 a month. Another two quarter point rises would add an additional £67. There are further suggestions that the Bank may “normalise” rates following a decade of low interest. This could leave rates at about 3%, which would result in a much more painful monthly repayment for many.

 

———————— Article from #TheGuardian https://bit.ly/2qA4kJv

#PROPERTYOFTHEDAY #82: 3-bedroom apartment – Manchester

On www.propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

 

Today we are highlighting Martin & Co in Manchester and their lovely 3-bedroom property which is currently available for rent for £1,300.

 

Insight on the Property:

 

Martin & Co are pleased to present this stylish, fully furnished, three double bedroom apartment at the stunning canal side Quantum development in Piccadilly Village. Located just a stones throw from Piccadilly station and a short walk to the vibrant Northern Quarter. Call today for a viewing!

This superb three bedroom apartment boasts a large open living area with a fully integrated high spec kitchen (all appliances fully integrated). all three bedrooms are excellent sized doubles (master with en-suite) and are complemented by a beautiful, tiled master bathroom complete with a modern fitted suite and furnishing throughout.

This property will be sure to be gone before long so don’t miss out, call us today on 0161 839 2212 and make your appointment before this stunning property is snapped up!

 

For more information on this property and the agents, check out the properties listing on their site: https://bit.ly/2H2RLO3

 

#PROPERTYOFTHEDAY #81: 2-bedroom apartment – Manchester

On www.propertypropertyproperty.co.uk/blog we are introducing the #PropertyofTheDay segment, which will highlight properties across the UK that are currently available for sale or rent on the portal.

 

Today we are highlighting Manchester City Sales & Lettings in Manchester and their lovely 2-bedroom property which is currently available for rent for £1,250.

 

Insight on the Property:

 

A truly stunning and unique two bedroom apartment in a beautiful conversion. Situated on the corner of Princess St, close to China Town, Piccadilly Gardens and all of the wonderful sights that Manchester has to offer. The apartment has a wealth of original features, from exposed brickwork, double heighted ceilings, sash windows and exposed beams.

The apartment has two double bedrooms, the master with ensuite. The living area has a mezzanine level which is room enough for an additional double bedroom, or perhaps a study. The kitchen and bathrooms in the apartment bring the apartment into the 21st Century with a high specification finish. This property is a must see.

No parking.

Notice
All photographs are provided for guidance only.

 

For more information on this property and the agents, check out the properties listing on their site: https://bit.ly/2HjvSxt

3 Tips to Help You Get Your Property Let Quickly

If you are in a rush to let your property fast, either because you have just completed on your purchase, or in between tenancies on existing property, then the most crucial aspect is to have the property quickly occupied by a paying tenant. Some property may take longer to let, but that will most likely be down to the market place or the condition of the property.

Breaks om letting out a property can cause anxiety and disrupt the schedules and income of property investors. If it means dropping the rent a little to get a tenant in then proceed to lower the rent. 1 month break at £500 will cover almost a year at £50 less a month. It’s much better to get the tenants in and then increase the rent slowly over time. But 2-3 months break will eat ALL NET Cashflow and eradicate far more than the benefit you may get of an above market rent.

Whatever the reason may be, here are 7 simple steps to help you get your property let quickly:

1) Ensure the property is listed on all the major online portals

Getting the most exposure of your property is crucial if you want to let the property fast. These portals will help generate more views. Over 90% of tenants now start searching for their next property online. Getting the property on sites like www.propertypropertyproperty.co.uk and many other UK property portals will help generate as many tenant enquiries as possible, perfect for getting your rental property off to a good start. You will also be in a better position to drum up the competition on your group viewings, thereby increasing the rent & getting the unit let quicker.

2) Ensure the property is clean

This is probably one of the most simplest, yet most effective tips, but one of the quickest ways to let the property fast is to ensure it’s clean and tidy when potential tenants come to view it. A grimy property will only put off potential tenants, so it important to ensure your property is clean but also clutter-free. If there is any clutter, make sure you tidy this before you show any prospective tenants, as the property will otherwise look small and dingy. Any ‘stuff’ you have lying around won’t help tenants visualise themselves living there during the viewing and will put them off from making an offer.

 

The best advice is to keep things minimum and remove any offensive or personal belongings as it will entice fasters offers which will increase your bottom line. Presenting a property well will also help a lot, you need to make it feel as warm and homey as possible. If you need help with this bring someone in who knows how to get it looking right like I had to (different side of the brain!).

4) Get some professional photos done

Photos are vital if you need to find tenants. Too few might suggest you have something to hide, which can be off-putting. So always ensure you have clear and bright photographs taken of the rooms/property you want to show off. This can either make or break you letting your property. If potential tenants can’t get any idea of the property in the first place, they are unlikely to get in touch for viewings. Most letting agents will ensure their staff are trained to take attractive photographs of the exterior and interior rooms and display several on their website and all portals. But here are a few things to think about whether you’re instructing an agent or not:

  • Use a good-quality camera
  • Turn on the lights in any dark places
  • Take photos during the day in natural light
  • Remove distracting items from the shot, such as rubbish or building materials, and don’t show your reflection in any mirrors

Your listing should have around six-to-eight photos paying close attention to the kitchen, bathroom, bedrooms, lounge & the outside.

5) Allow pets

Although this isn’t a popular option with property investors, your property will likely stand out from the majority of other properties which simply state ‘no-pets’. Although we have a growing population of pet owners, a recent study conducted found that nearly 50% of landlords would not take any tenants with pets. So how can you stand out & let your property quicker? You might suggest that although they can have a pet, they will need a bigger deposit and a clause in the AST stating the property must be professionally cleaned when they vacate to ensure all smells and any infestation is completely removed.

5) Redecorate between tenancies

Refreshing the decor between the incoming new tenants and the old ones leaving will make the place feel brand new. This relatively cheap and easy fix with powerful colour combinations will make a tremendous impact and improve the standards by securing higher rent and minimising breaks.

Other tips might include:

  • Having good floor plans
  • Having a thorough property description
  • Setting a competitive rent
  • Having a high speed internet provider
  • Being flexible with viewing times