House prices defy predictions in 2016

House prices defy predictions in 2016 by rising more than 15pc

Melbourne property goes from strength to strength in 2016, up over 15%

Home prices defied forecasts they would stagnate in 2016 to grow more than they did during the “boom” year of 2015, according to year-end figures from property research firm CoreLogic.

Dwelling prices rose 15.46 per cent in Sydney while Melbourne had a rise of 13.68 per cent. Even the much-maligned Hobart and Canberra housing markets posted strong gains, rising 11.24 per cent and 9.29 per cent respectively.

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Excellent investment opportunity

Excellent investment opportunity in Mansfield, Nottinghamshire

Excellent investment opportunity for those wanting to get into the B2L market, but don’t have the deposit.

A stylish collection of brand new homes incorporating 1 & 2 bedroom apartments and 2 & 3 bedroom houses.

Prices discounted 15% off market from only £78,820. 30% deposit payable over 24 monthly payments of £978. Mortgage can be arranged or use your own banker. 5 year renewable rental assurance with yields of 5.45 to 7.28% (dependent on unit).
Contact us for brochure and price list

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Castlefield, Manchester – Asset Opportunities

Another quality Manchester development in the stunning sought after Urban Heritage site Castlefield. 7% net assured yields for 2 years and prices from £190k. With appreciation projected for 26% in the next 5 years, an excellent opportunity

Castlefield is an inner city oasis of quaint cobbled streets, canals and waterside al fresco wining and dining. Britain’s first Urban Heritage Park – with its attractive canal basin, open spaces, converted mills, bridges and viaducts – has become one of the city’s most sought-after residential areas. It is particularly popular with professionals who combine the undoubted lifestyle benefits with close proximity to the city centre and excellent road and rail access.

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How Birmingham is using property development to re-tool its economy

Something I’ve noticed when visiting Birmingham over the past couple of years: parts of the city have started to feel rich.

The new glass-fronted offices of the central business district, Colmore Row, blend in better with the grand Victorian architecture that surrounds them than you have any right to expect in a city whose architectural history is as chequered as Birmingham’s. The names of the shops point to a certain prosperity, too. Nespresso. Harvey Nichols.

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Buy-to-let hotspots revealed

Buy-to-let hotspots revealed

Buy-to-let hotspots revealed: the UK postcodes with the best rental yields

A new buy-to-let hotspot map shows that some postcodes are now offering landlords average rental yields of over 10 per cent, with Leeds postcode LS6 topping the list.

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Asset Opportunities- Koh Samui, Thailand

Asset Opportunities- Koh Samui, Thailand

Stunning new Samui development. Love it! – Prices from US$960k and 9%+ yield at a conservative 50% occupancy.

Projected return 9% + at 50% occupancy. Prices from US$ 960,000

A beautiful tropical island sheltered in the crystal clear waters of the Gulf of Thailand with secluded coves and white sandy beaches fringed with palm trees – beaches that holidaymakers dream about. Inland the island boasts lush green rolling hillsides and coconut groves, picturesque waterfalls and magnificent ocean views.

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Asset Opportunities Wolstenholme Square, Liverpool

Selling like hot cakes! Liverpool, RICS valued 17% under market, 8% net yield for 3 years, from only £84,950

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UK housing market could be entering a buy-to-let crisis, according to RICS

UK housing market could be entering a buy-to-let crisis, according to RICS

The UK will need an extra 1.8 million rental homes by 2025, according to new research by the Royal Institution of Chartered Surveyors (RICS).

This could trigger a crisis in the housing market, as the majority of landlords don’t currently intend to expand their portfolios.

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Living in Southend-on-Sea: £50 million seafront revamp and 40-minute commutes to London are putting this Essex town in the spotlight

Good transport links into the city and a £50 million seafront regeneration scheme has caused a new influx of London commuters to put the Essex costal town of Southend-on-Sea in the spotlight. Article by Ruth Bloomfield, published originally on homesandproperty.co.uk

Southend went into decades of decline after cheap package holidays took British families off to sunny Spain.

However, an influx of London commuters is breathing new life into this old-fashioned Essex seaside town, and it is enjoying some impressive price rises. Ambitious regeneration plans, including a new seawater swimming lagoon and a £50 million seafront upgrade, will seal its appeal to buyers keen to live on the coast and make use of good transport links to the capital.

The town’s average house price of £285,926 is up more than £50,000 in the last six months, says Rightmove. Richard Hair, senior partner at Hair & Son estate agents, says: “People don’t come here on holiday any more and Southend isn’t full of bedsits and day-trippers. It is becoming a bit more sophisticated.”

The seafront, with the world’s longest pleasure pier at 1.34 miles, is the focal point for regeneration. Turnstone Estates is planning the huge development to include a cinema, 10 restaurants, a hotel and leisure centre.

The tree-lined artificial lagoon, a separate plan, will allow swimming when the tide is out — instead of having to trudge over what feels like miles of brown gunk to paddle at low tide. It is hoped work can begin imminently.

1400-Esher-Greg-Balfour-Evans-Alamy

Links to London
Southend has three train stations. The Central and East stations have 40-minute services to Fenchurch Street, while the journey from Southend Victoria to Liverpool Street is less than an hour. An annual season ticket costs £4,648. London Southend airport has flights to Spain, France, Paris, Germany, the Balearics and Portugal — perfect for weekend getaways.

London families tired of the school places struggle will find grammar schools in Southend. Ofsted rates Southend High School for Girls and Southend High School for Boys “outstanding”.

The watchdog finds the standard of infant and junior schools in the area more variable. However, Bournes Green infants and junior schools both receive top marks. They are in Thorpe Bay, three miles east of the centre of town, which Alex Somers, residential sales consultant at Dedman Gray, says is a hotspot for family buyers.

About 40 per cent of his clients are Londoners looking for affordable homes and a better way of life, mostly second or third steppers with equity behind them. Somers says the entry price in Thorpe Bay is £500,000 for a three- or four-bedroom semi. Most homes in the area were built in the Fifties, Sixties or Seventies. Seafront homes command a premium, and a six-bedroom detached Victorian or Edwardian Southend house would cost about £1.3 million. There are also modern trophy homes springing up locally, at £2.5 million-plus.

Late Victorian three-bedroom terrace houses in the town’s conservation area sell for £650,000 to £700,000. This district of neat homes near Southend Central station and Southend Cliff Gardens has seen 10 per cent year-on-year price rises. “The big problem we have is lack of stock,” says Richard Hair. “It is a very strong sellers’ market.”

The coastal lifestyle
Within the wider area, a two-bedroom flat in a large Edwardian semi in Westcliff-on-Sea would cost up to £150,000, with a three-bedroom terrace house at about £220,000. In Leigh-on-Sea, three miles west of central Southend with lots of dress shops and wine bars, a three-bedroom terrace is £350,000, rising to £500,000 the closer to the sea.

coastal-lifestyle

Southend-born Gabriella Griffin commutes daily from Thorpe Bay to Camden, where she is a senior accounts executive at Frank PR. “I’m training for a marathon and I get home from work and run along the seafront,” she says.

Many of her Southend friends go out on Friday night in London then come home for the weekend. She recommends The Estuary and The Vine for eating out, both in Leigh, which also has antiques, vintage and jewellery shops, little boutiques and cafés. Along Southend seafront new restaurants are joining the old-school fish & chip shops.

You can walk for miles along the coast, attend a class at arts project Metal, see contemporary art at The Forum, learn to sail at the Marine Activities Centre, join one of five yacht clubs or the tennis club, or go horse riding in Belfairs Park. And Southend is a principal location for next year’s Wonder Woman movie, starring Israeli actress Gal Gadot. She and co-star Chris Pine — Capt James T Kirk in the new Star Trek films — were recently seen filming in town.

House prices: 'Garden villages'

House prices: ‘Garden villages’ get green light to ease housing shortage

Well there is no dispute being a landlord and building a portfolio of properties continues to make more and more sense

A wave of “garden villages” are to be built in England under new government plans to tackle the chronic housing shortage.

Proposals for 14 new villages and three garden towns creating 48,000 homes, which will be built alongside existing settlements, were released yesterday. Housing minister Gavin Barwell said they would take the total number of new homes to 200,000.

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