Thursday, 18 June 2015

How can you find a good property deal in Heanor?


I was talking to one of my landlords the other day, when he explained there were no property bargains for him to buy in Heanor. We don’t sell property and don’t charge for our advice, but we can give impartial advice without any conflict of interest to our landlords. Here is what I discovered recently about finding bargains that I had discovered over the last few months.

A 3 bed end of terrace on Milward Road sold in 2006 for £100,000. In February of this year, she sold again for £73,000, a drop in value of 27%! That’s equivalent to growth of 3.5% per annum!. A 3 bed terraced in Mansfield Road sold for £123,950 in November 2006, but then sold again in January of this year for £95,000 – a 23.5% drop!

Finally, one of those terraced houses on Weston Street, just off Breach Road in the Marlpool area of the town, sold for £77,000 in 2005. Considering property values are much of those being achieved in 2005, someone picked up a bit of a  bargain in March, when it sold again for £69,000.

There are many ways to find bargains – whether it be on price or potential – the ones outlined here are just great value in price terms today!

Whether you are a landlord of ours or not, drop by our offices or give me a call if you would like any advice...

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