Tameside: A Goldmine for Landlords

Tameside: A Goldmine for Landlords

As one of the leading Tameside letting agents, At The Place is well-versed in the local property market. We've seen firsthand the potential that Tameside holds for landlords. This blog post will delve into the specifics of why Tameside, with a particular focus on Ashton-Under-Lyne, Dukinfield, and Hyde, is a lucrative choice for landlords.

tameside letting agents

Tameside: A Brief Overview

Tameside, located in Greater Manchester, is a vibrant borough that offers a mix of urban and rural living. Its proximity to Manchester city centre and excellent transport links make it an attractive location for tenants. According to Rightmove, the average property price in Tameside has seen a significant increase over the past year leading up to 2023, (9%), indicating a strong and growing property market.

Ashton-Under-Lyne: A Rising Star

Ashton-Under-Lyne, one of the key areas in Tameside, has been experiencing a steady rise in rental yields. According to a report by PropertyData, the average rent in Ashton-Under-Lyne has increased by 3.2% in the past year. This growth trend indicates a promising future for landlords investing in this area.

Ashton-Under-Lyne's appeal lies in its vibrant town centre, excellent transport links, and a range of property types. From modern apartments to traditional terraced houses, there's something to suit every tenant's needs. This diversity, combined with the area's ongoing development, makes Ashton-Under-Lyne an attractive prospect for landlords.

One of Ashton-Under-Lyne's standout features is its outdoor market, which has been a community staple for over 700 years. The market brings a sense of community spirit and provides a unique shopping experience for locals and visitors alike. This community spirit, coupled with the area's amenities and transport links, makes Ashton-Under-Lyne a popular choice among tenants.

ashton under lyne

Dukinfield: A Hidden Gem for Tameside Letting Agents

Dukinfield, although smaller compared to other areas in Tameside, doesn't fall short in terms of investment potential. It's a quiet residential area with a strong sense of community, making it an appealing choice for families and older tenants.

Dukinfield's property market is characterised by a mix of property types, from spacious semi-detached houses to modern apartments, both of which At The Place are able to provide as Tameside letting agents, providing a range of options for potential tenants. One of Dukinfield's key attractions is its access to green spaces, including Dukinfield Park. This park, with its beautiful gardens and sports facilities, provides a peaceful retreat for residents and adds to the area's appeal.

tameside estate agents

Hyde: The Perfect Balance

Hyde, located in Tameside, offers a perfect balance between city and country living, making it a popular choice among tenants. It's known for its green spaces, including Hyde Park, and its bustling town centre, which offers a range of amenities.

Hyde's property market is diverse, with a mix of property types to suit different tenant needs. From modern apartments to traditional terraced houses, there's something for everyone. This, combined with Hyde's appeal to tenants, suggests a promising outlook for landlords investing in this area.

Hyde also boasts a vibrant nightlife, with a variety of pubs, bars, and restaurants. This lively atmosphere, along with the area's amenities and green spaces, makes Hyde an attractive location for a wide range of tenants, from young professionals to families.

manchester estate agents

At The Place: Your Partner in Property Tameside Letting Agents

As a leading Tameside letting agent, At The Place offers full-service lettings management for landlords. We understand that every landlord's needs are unique, and we tailor our services to meet those needs. From marketing your property and vetting potential tenants to handling lease agreements and managing property maintenance, we take care of every aspect of the letting process.

Our local expertise and in-depth understanding of the Tameside property market enable us to provide valuable insights and advice to our landlords. We're committed to helping you maximise your rental yields and ensure a smooth and stress-free letting experience.

Conclusion: Tameside Letting Agents: Lucrative Property Market

In conclusion, Tameside's property market, with its upward trend and diverse rental opportunities, presents a lucrative landscape for landlords. Whether it's the rising star of Ashton-Under-Lyne, the hidden gem of Dukinfield, or the balanced appeal of Hyde, each area offers unique advantages for property investment.

Ashton-Under-Lyne's vibrant outdoor market and community spirit, Dukinfield's access to beautiful parks, and Hyde's lively nightlife all contribute to the appeal of these areas for tenants. These features, combined with the overall positive trend in Tameside's property market, make these areas attractive prospects for landlords.

As one of the leading Tameside letting agents, At The Place is here to guide you through the letting process and help you make the most of your property investment. Contact us today to learn more about our services and how we can help you succeed in Tameside's property market.

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How much are estate agent fees?

How much are estate agents near me fees?

Typically, estate agents fees can reach heights of 3.6% of the sale price and can fluctuate based on the number of agents attempting to sell your property and the quality of your initial negotiations. In the year 2022, the average fee for an estate agent stood at 1.42%. Therefore, if your property was sold for a price of £275,000, the agent's share would be £3,900. It is worth noting that @ThePlace fees are considerably cheaper than these.

Should you use more than one estate agent?

Should you use more than one estate agent?

It's typically practical to engage two estate agents near me under a joint sole agency agreement for selling a single property only if you intend to hire a nationally operating specialist agent alongside a local generalist. For instance, you might prefer a national agent specialising in high-end properties, in addition to a local agent familiar with your area. Joint agency agreements often carry higher charges, usually around 2.4% including VAT. Engaging two local agents under a joint sole agreement usually doesn't make much sense, as their market coverage will overlap, and they won't be motivated to outdo each other to close the deal. Employing two estate agents also carries the risk of one agent attempting to benefit from the efforts of the other without contributing equally.

Do I have to pay estate agent fees if I decide not to sell?

Do I have to pay estate agents near me fees if I decide not to sell?

If you decide to pull out of a sale, it's customary to face charges to cover the expenses an agent has already incurred, like advertising. Also, it's standard to pay part or all of the estate agent's commission, but only if your signed contract includes a "ready, willing and able purchaser" clause. Essentially, this clause signifies that you're obligated to pay the agent for their work in identifying a potential buyer, even if unforeseen circumstances cause you to back out of the sale.

What is the best way to sell a house UK?

What is the best way to sell a house UK?

To maximise the sale price of your property, it's recommended to collaborate with a reputable local estate agents near me. Local estate agents are well-versed in the specific characteristics and trends of your area's property market. They have in-depth knowledge about the neighbourhood, understanding what attracts buyers and can accordingly highlight these features in their marketing efforts.

A good local estate agents also has a strong network of potential buyers, which can expedite the sale process. They can provide professional advice on the right pricing strategy based on comparable sales in your area and current market conditions. Additionally, their negotiation skills and expertise can help secure the highest possible price for your property.

Are estate agents regulated?

Are estate agents regulated?

The primary regulation of estate agents is dictated by the Estate Agents Act 1979 (EAA) and the Consumer Protection from Unfair Trading Regulations 2008. Beyond this statutory regulation, since October 1, 2008, all UK-based estate agents involved in residential estate agency work must be part of an approved redress scheme. They can choose either The Property Ombudsman or the Property Redress Scheme, a requirement put forth by the Consumers, Estate Agents and Redress Act 2007.

Will estate agents lie about offers?

Will estate agents lie about offers?

As part of the regulations associated with an ombudsman, estate agents are strictly prohibited from fabricating or concocting details about any existing or non-existing offer. Additionally, it is mandatory for estate agents to promptly communicate offers to the property sellers, and this must be done in writing.

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