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Showing posts from July, 2016

26.4% Of Basingstoke Homes Are One Person Households

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I was having an interesting chat with a Basingstoke Buy to Let landlord the other day when the subject of the size of households came up in conversation.   One of the reasons that I believe the Basingstoke property market will, in the medium to long term, be OK, was the fact that the size of households in the 21 st Century is getting smaller – which will create demand for Basingstoke Property and therefore keep property prices from dropping.   Looking at the stats going back to the early 1960’s, when the average number of people in a home was exactly 3, it has steadily over the years dropped by a fifth to today’s figure of 2.4 people per household. That doesn’t sound a lot, but if the population remained at the same level for the next 50 years and we again had the same 20% drop in household size, the UK would need to build an additional 5.28 million properties (or 105,769 per year). When you consider the Country is only building 139,800 properties a year ... it doesn’t ...

A Long lease and a garage in the town centre, ideal for first time buyers or investment.

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I have just listed this flat for sale at a guide price of £170,000. It has a over 900 years left on the lease, a garage and a walled garden. Ideal for first time buyer or investment as the rental yield is over 5% Click here for the full details. https://www.martinco.com/property/for-sale/270008

Buy to let with Belvoir

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I was on Rightmove today and thought this would make an ideal rental. It’s good for both families and sharers so I am sure it will be snapped up soon. http://www.rightmove.co.uk/property-for-sale/property-38537223.html

88.9% of Basingstoke Homeowners are over 35 - The effect of their Brexit vote on the Basingstoke Property Market

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Well it’s been 4 weeks since the Referendum vote and we have had a chance to reflect on the momentous decision that the British public took. Many of you read the article I wrote on the morning of the results. I had gone to bed the night before with a draft of my Remain article nicely all but finished, to be presented, at just after 5am, with the declaration by the BBC saying we were leaving the EU. I don’t think any of us were expecting that. In this article I would like to take my thoughts on from that initial article and now start to see the clearer picture as the dust settles on the UK, but more importantly, the Basingstoke Property Market.   In case you weren’t aware, the residents of the Basingstoke & Deane Borough Council area went with the National mood and voted as follows:   Basingstoke & Deane Borough Council          Remain Votes   48,257          ...
I was looking at the this brand new site in Lychpit. There have not been any new homes in Lychpit for sometime, so I know these will be snapped up, so you will need to move fast to secure one of these. They are right next to the Chineham Shopping Centre and only a two minute walk to the school too. http://www.rightmove.co.uk/new-homes-for-sale/property-43217493.html