Latest news with #Zoopla
Glasgow Times
14 hours ago
- Lifestyle
- Glasgow Times
Retirement flat in new Glasgow development selling for £75k
The flat, which is situated between Govanhill and Strathbungo, an area recently named one of the best places to live in the whole of the UK, is only available for those aged 55 and over. Thanks to its Southside location, the home benefits from a number of public transport links as well as amenities like shops, cafes and bars on the ever-popular Pollokshaws Road. Retirement property in the heart of a brand new Glasgow development selling for £75k Living Room (Image: Zoopla) Introducing the retirement property in Glasgow, the estate agents over at MSM said on Zoopla that it is within walking distance of a number of local amenities, including shops, cafes and bars. Kitchen and Dining Room (Image: Zoopla) There are also medical facilities, green spaces, a library and a gym, allowing residents to keep themselves busy on a day-to-day basis. The agents added that the area is home to "excellent" transport links, including regular bus and rail services as well as access to the M74 motorway. Kitchen (Image: Zoopla) Within the development, there is also a communal lounge and an outdoor space designed to be "great places to socialise and get to know your neighbours". Each domicile is "step-free," meaning they can each be accessed via a lift. Bedroom (Image: Zoopla) Inside, the home benefits from "excellent storage" and plenty of natural light, thanks to the large windows featured throughout. Recommended Reading: It is also complemented by a balcony, providing an outdoor space overlooking much of the city. The home is completed by a double bedroom, wheelchair storage, a modern kitchen with all fittings and appliances, as well as a wet floor shower room. The agents noted that this property is for sale through the Scottish Government's New Supply Shared Equity (NSSE) scheme, with buyers purchasing an equity stake in the property of between 60% and 80%, depending on eligibility criteria.
The National
15 hours ago
- Business
- The National
Scottish town named the top affordable spot for families
Glenrothes in the heart of Fife was named alongside locations across Scotland and the rest of the UK, including Wishaw in North Lanarkshire and Dartford in the South East of England. Zoopla praised the town for being within easy commuting distance of both Glasgow and Edinburgh. To create its ranking, the property website looked at the ratio of average three-bedroom house prices compared with average earnings in each locality. The Fife town was praised for its commuter proximity to Glasgow and Edinburgh (Image: Google Maps) It then assessed the average number of views on listings for these properties. Discussing the list and the changing behaviours of property buyers, Richard Donnell, executive director at Zoopla, said that the willingness of many to consider different regions or compromise on property features highlights the "adaptive strategies" families are employing in today's market. See the top affordable towns for families in the UK Glenrothes wasn't the only Scottish town highlighted in Zoopla's ranking, with places like Wishaw, Leven and Larkhall also being named. The Fife town was able to top the list, thanks to its low average house price of just under £140,000 and its affordability ratio of 1.8. 1. Glenrothes, Scotland, £136,900, 1.8 2. Llanelli, Wales, £170,600, 2.3 3. Neath, Wales, £176,400, 2.4 4. Port Talbot, Wales, £160,300, 2.1 The average price for a three-bedroom home in Glenrothes was just under £140k (Image: Google Maps) Recommended Reading: 5. Wishaw, Scotland, £168,600, 2.1 6. Maesteg, Wales, £142,200, 2.0 7. Dartford, South East, £423,600, 4.7 8. Leven, Scotland, £164,600, 2.1 9. Larkhall, Scotland, £177,600, 2.2 10. Swanley, South East, £444,900, 4.7 Scotland and Wales dominated the list, seeing only two locations in England included.
South Wales Argus
3 days ago
- Lifestyle
- South Wales Argus
Stylish barn conversion on the market near Usk for £950,000
The property, known as Sycamore Retreat, is being listed by Number One Agent, Katie Darlow, who describes it as a "stylish" home with no chain. Located just outside the Town of Usk, the barn conversion is nestled down a quiet lane in a private position just off the Usk Road. The surrounding area offers a peaceful countryside that can be explored and enjoyed at leisure. (Image: Number One Real Estate via Zoopla) The property is also in close proximity to several local amenities, including bars, restaurants, local antique stores, coffee shops, and a bakery. There is also a doctor's surgery, veterinary clinic, a popular athletic club, and a primary school nearby, making it an ideal location for a family. Newport is just a 20-25 minute drive away, with the nearest M4 junction being only 15 minutes away. Newport offers additional attractions and access along the M4 corridor to Bristol, Cardiff, and beyond. The interior of Sycamore Retreat is described as a "tranquil space" with an ideal layout for family living. The barn conversion boasts quality fixtures and fittings and has been finished to a high standard throughout. (Image: Number One Real Estate via Zoopla) The spacious open plan kitchen, dining room, and snug set the tone for the property, with traditional yet modern features. The kitchen features a superb island, seating for casual dining, a Belfast sink, and integrated appliances including a fridge, freezer, and dishwasher. (Image: Number One Real Estate via Zoopla) A boiler room is neatly tucked away, and there is a convenient downstairs cloakroom. The sunken sitting room has a vaulted ceiling with exposed beams, capturing the full character of the barn. A log-burning fire and access to the lower patio make this a fantastic area for entertaining. The ground floor also features a utility room with fitted storage and underfloor heating throughout. (Image: Number One Real Estate via Zoopla) Upstairs, the principal bedroom has vaulted ceilings, exposed beams, and views of the countryside. It also has extensive space for storage and a seating area, with an ensuite shower room fitted with travertine tiling and a heated towel rail. The property also has two other double bedrooms with country decor and Velux skylights that share a Jack and Jill shower room. A fourth bedroom is currently being used as a study. The family bathroom is also on the landing, boasting travertine tiling, a free-standing bath suite, and a separate shower unit. Externally, the property was fully renovated in 2016 and has an impressive exterior, with original stone to the barn, while the double garage and sitting room exterior are both wood cladded. (Image: Number One Real Estate via Zoopla) The gated driveway is set to light gravel and is privately enclosed by mature conifers and red robin trees. The double garage has two electric oak doors, attic space, and a separate office that is fully insulated with heating and WiFi. The property also has underfloor heating in the kitchen, living room, and master bedroom. (Image: Number One Real Estate via Zoopla) Number One Real Estate advises that a tree within the property's boundaries is subject to a tree preservation order. All services and mains water are connected to the property, and the broadband internet is provided via cable. The sellers are subscribed to BT, and the mobile signal/coverage at the property is reported to be good. The owner is subscribed to Giff Gaff. The annual site management fee is £600, and the council tax band is G. For more information or to arrange a viewing, prospective buyers are advised to contact Number One Real Estate.
STV News
4 days ago
- Business
- STV News
Average home sale ‘being agreed at £16,000 below asking price'
House sellers are agreeing sales at £16,000 below the asking price typically, according to a property website. Zoopla, which said the mean average asking price is £367,000, added that it is 'important that sellers are realistic with their expectations on price,' as home buyers return to the market after the Easter holidays. Buyers have more choice, with 13% more homes on the market than a year ago, according to Zoopla's figures. Some lenders have recently changed their mortgage affordability calculations, enabling some people to borrow higher amounts, and the website said this is supporting the growth in sales. The website also said that, within England, the North West is the hottest housing market for price rises. Higher home values and rents in bigger cities such as Manchester and Liverpool are pushing housing demand into nearby areas, boosting house prices, Zoopla said. It said that Blackburn has seen 5.8% annual house price growth, Wigan has seen a 4.4% annual rise and Birkenhead has recorded a 4.1% annual increase in house prices. An increased number of homes for sale in southern England is significantly boosting buyer choice and keeping price growth in check, the website said. It said there are 21% more homes for sale in the South West than a year earlier, 17% more in London and 15% more in the South East. Widened choice, along with affordability constraints, explains why house price growth is less than 1% across the regions of southern England, from 0.5% in the South East to 0.9% in the South West, Zoopla said. There are just 3% more homes for sale in the North West of England and 5% more in Scotland than a year ago. House prices in Scotland have seen 2.9% annual growth on average. Richard Donnell, executive director at Zoopla, said: 'There are more sales and stronger house price increases in northern regions of England and Scotland, where homes are more affordable. In southern regions of England, affordability continues to weigh on price inflation and the number of sales being agreed. 'Sellers and buyers need to adopt different tactics based on where they live across the UK; however, all sellers need to keep their feet on the ground and be realistic on pricing expectations. 'We expect sales to keep rising over the second half of the year, with UK home values on track to be 2% higher by the end of the year.' Martin Bennett, owner of Blackburn-based Crown Estates and Lettings Agents, said: 'Business is booming in Blackburn, with increased demand for properties both at the lower and top end of the market. 'From my experience, properties that are priced correctly are going under offer within two weeks of being listed, while it's not uncommon to have 10-plus potential buyers on the first day of viewings.' Tom Bill, head of UK residential research at Knight Frank said: 'Buyers can see there is a healthy supply of property on the market this spring, which means they have become choosier.' Matt Thompson, head of sales at London-based estate agent Chestertons, said: 'There has been a stark uplift in agreed sales in May and as buyer demand remains strong, we also expect a busier-than-usual summer market.' Sarah Coles, head of personal finance, Hargreaves Lansdown said: 'There are now plenty of (mortgage) deals priced at under 4%, which opens up affordability for so many more buyers.' Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
Yahoo
4 days ago
- Business
- Yahoo
UK sellers offer £16,000 discount on average to secure house sale
Homes are selling for an average of £16,000 below asking price as sellers try to secure a sale in a buyers' market. The UK housing market is experiencing its most active May since the pandemic boom of 2021, amid improved mortgage affordability and a surge in supply, according to Zoopla. However, while buyer interest has returned, sellers are being forced to temper their expectations. The average home is currently being sold for £16,000 below the asking price, a discount of around 3%. Changes in how mortgage affordability is assessed are fuelling buyers' return, with purchasers now able to borrow up to 20% more than they could earlier in the year. This has helped counter the effect of higher interest rates, which caused a fall in transactions through 2022 and 2023 when mortgage rates briefly hit 6%. Sarah Coles, a columnist at Yahoo Finance UK and head of personal finance at Hargreaves Lansdown, said: 'There are now plenty of [mortgage] deals priced at under 4%, which opens up affordability for so many more buyers.' Average house prices have risen 1.6% over the past 12 months to £268,250 — an increase of £4,330. Despite growing demand, price growth remains modest by historical standards, amid the lingering impact of inflation on household finances. Read more: Lenders push under 4% deals but mortgages set to rise amid inflation jump The most substantial gains are being seen in the North West of England, where employment growth and relative affordability is driving price rises. Blackburn leads with annual price growth of 5.8%, followed by Wigan (4.4%), Birkenhead (4.1%), and Liverpool (3%). Manchester posted a 2.5% increase. Martin Bennett, owner of Crown Estates and Letting Agents in Blackburn, said: 'Business is booming, with increased demand for properties both at the lower and top end of the market. This is reflected in house prices, with an entry-level property now averaging £75,000, up from around £50,000 two years ago. 'From my experience, properties that are priced correctly are going under offer within two weeks of being listed. It's not uncommon to have 10 or more viewings on the first day.' Scotland is also outperforming the national average, with prices up 2.9%, although Aberdeen remains an outlier with a 1.4% annual decline amid weaker economic conditions tied to the oil and gas sector. By contrast, southern regions are seeing an increase in supply and relatively subdued price growth. The number of homes for sale has risen 21% in the South West, 17% in London, and 15% in the South East. Price growth across these areas remains below 1%, with affordability concerns also limiting further gains. According to the latest Zoopla House Price Index, the number of sales agreed in May is at its highest level in four years, on the back of a 13% year-on-year increase in homes listed for sale. Read more: Odds of more Bank of England interest rate cuts fall as food inflation rises "More homes for sale means more buyers looking to move home,' said Richard Donnell, executive director at Zoopla. 'This, coupled with more attractive mortgage deals and changes to how lenders assess affordability, is supporting an increase in the number of sales being agreed. 'Sellers and buyers need to adopt different tactics based on where they live across the UK; however, all sellers need to keep their feet on the ground and be realistic on pricing expectations." Zoopla forecasts continued momentum in sales in the second half of 2025, with national home values expected to end the year around 2% higher than they began.
