Positive outlook for student rental market in 2013

The student rental market is expected to undergo growth in 2013, according to Knight Frank.

It has released its forecast for the sector, which projects a total investment return of 9.2 per cent over the next 12 months.

This reflects an increase of 0.4 per cent on London returns to 9.1 per cent, caused by rising rents in an undersupplied market.

The real estate consultancy predicted average rents will rise by three per cent in the capital and by 2.75 per cent in the regions from September 2013.

“Student property is one of the most successful real estate asset classes, thanks to stability of demand for student bedrooms from all over the UK,” commented James Pullan, head of Knight Frank student accommodation.

Mr Pullan added that the market is still structurally undersupplied in all core university cities.

He said the positive outlook for student accommodation is due to steady rental growth in all key English university towns, continuing undersupply and the established perception of the UK as a top global knowledge centre.

Article taken from www.rman.co.uk
Image: Mangostock/Shutterstock

NOW LET

NOW LET – Lee Mills, Scholes

Property type: 2 bed apartment
Location: Scholes, Holmfirth
Rental: £525 pcm
Min term: 6 months

A penthouse apartment in the popular development of Lee Mills with two double bedrooms, designated parking and balcony with views.

This wonderful apartment is set in the Lee Mills development in Scholes.  Accessed via security doors into a stylish communal lobby this apartment must be viewed to be fully appreciated. Briefly comprising; entrance hallway, lounge/dining area with balcony, contemporary kitchen area with integrated oven, hob, extractor, fridge, freezer, microwave and dishwasher. There are two double bedrooms one of which also has private access to the main bathroom (known as Jack and Jill Style), main bathroom, small laundry store with plumbing for washer/dryer and additional cloaks storage cupboard. This apartment has the added bonus of a boarded loft area with drop down ladder which provides an ideal storage area. The property has an under floor heating system, alarm, double glazing and long distance views across the Holme Valley. The development also has lift access to each floor.

• Highly sought after location
• Stunning views
• Penthouse apartment
• Two double bedrooms
• Fully fitted kitchen with integrated appliances
• Balcony
• Under floor heating, DG and alarm

Another home let

ANOTHER LOVELY PROPERTY LET

Property type: 2 bedroom cottage
Location: New Mill
Rental: £495 pcm
Min term: 6 months

A lovely cottage situated in a semi-rural location with off street parking, two good sized bedrooms, enclosed garden and long distance views.

This super home briefly comprises; entrance hallway, bespoke fitted breakfast kitchen with various appliances and spacious lounge with feature fireplace. A staircase rises from the rear hallway to the first floor where there is a double bedroom with fitted wardrobe, house bathroom with shower over bath, and large master bedroom which has stunning long distance views over the adjoining farmland. The property has bags of character and is complete with stone mullioned windows throughout and beamed ceilings. The landlord has made good use of the space provided and has incorporated additional storage solutions where available. To the rear of the property there is a good sized lawned garden with shed, this overlooks farmland/fields to the rear and is south facing, making the ideal cottage garden. To the front there is an off street parking space and additional store. This property is sure to be snapped  up quickly and would suit professionals or small family alike. The property is complete with gas fired central heating and double glazing.

• Characterful cottage
• Two good sized bedrooms
• Well presented accommodation
• Off road parking
• Enclosed garden
• Long distance views
• Available now
• Bond: £695. With pets: £990

To enquire about this property, please contact us on 01484 682999

Reins Hill, Honley

REINS HILL, HONLEY

House to let – Reins Terrace, Honley

Property type: 2 Bedroom Cottage
Location: Honley
Rental: £575 pcm
Min term: 6 months

A beautiful two bedroom, double fronted period cottage which has recently undergone many months of restoration and refurbishment. Please see floor plan and internal photos.

As you can see from the internal photographs, this lovely home has period features combined with contemporary living and is sure to be snapped up quickly. Briefly comprising; Entrance lobby, dining kitchen with new kitchen, range style cooker, stone floor and access to the keeping cellar. To the other side of the lobby is a good size lounge with original board flowing and large in built storage cupboard. A staircase rises to the first floor where there is a large master bedroom, again with feature flooring and fireplace. The second bedroom will house double bed and has door leading directly to bathroom, although his can be locked and accessed from the landing either. The landing has an additional area which would make an ideal study/small library/seating area. The property is set at the end of Reins Hill in Honley and so has the advantage of being set back from the road in a quiet location, whilst not being far from local amenities and main bus routes. The property has a small enclosed lawned garden and parking is available on Reins Hill away from the main road.

• 2 double bedrooms + study
• Additional study area
• Recently refurbished
• Period features
• New kitchen and bathroom
• Small garden
• Unfurnished
• Bond: £775
• Available now

To enquire about this property, please contact us on 01484 682999

Please note the administration fees involved in applying for any property with Applegate Lettings are as below;

First applicant application fee – £100 + VAT
Additional applicants including guarantors – £65 + VAT
Fees will not be taken until we are in receipt of completed application forms
Check in fee (payable only once tenancy approved) – £55 + VAT

Boris backs letting agent regulations…..

The Mayor of London has backed calls for the introduction of new regulations for letting agents.

This represents a change of direction for Boris Johnson, who has previously been against adding more legislation to the private rental sector, the Financial Times reports.

Next week, the government will vote on an amendment to the Enterprise and Regulatory Reform Bill, which would make it compulsory for letting agents to sign up to a redress scheme.

The House of Lords has already voted in favour of the proposals.

Richard Blakeway, the deputy mayor for housing, said there are currently too many rogue agents in London.

“This is why the mayor is working towards a new, voluntary, London Rental Standard and supports the campaign to ensure letting agents join an ombudsman, something which is already a legal requirement for estate agents,” he commented.

Mr Blakeway said the regulations would create a more competitive market and give peace of mind to renters in the capital.

Article taken from www.rman.co.uk
Image: Spiro/Shutterstock

Empty homes cost owners £1.1bn

Letting agents and landlords paid £1.1 billion in business rates on empty buildings in 2012, figures from the Taxpayers' Alliance (TPA) have revealed.

This represents a growth of 19 per cent on the amount collected in the previous tax year.

Property owners in the City of Westminster were hit hardest, paying a total of £100.7 million.

Tower Hamlets was the second most affected London borough, with a total cost of £18.3 million.

Other areas where homeowners paid high empty property rates include Northampton, Liverpool and Newcastle-upon-Tyne.

Matthew Sinclair, chief executive of the TPA, commented: "It is extremely unfair that property owners are being hit with enormous business rates on properties which are empty, with no rent coming in that they can use to pay the bill."

He claimed the tax is "ruining" elderly people who invested in rental property to try to fund their retirement and said the threat of empty building rates is deterring people from entering the industry.

Article taken from www.rman.co.uk
Image: Mopic/Shutterstock

NOW LET

* Another property let by Applegate Lettings *

NOW LET – Holmfirth Road, Meltham

Property type: 1 bedroom terrace
Location: Meltham, Holmfirth
Rental: £346 pcm
Min term: 6 months

Good quality one bedroom terrace property situated in the centre of Meltham village, with all local amenities and bus stops within walking distance.

This lovely home has modern white kitchen appliances and briefly comprises; entrance lobby, lounge with gas fire and doorway leading to spacious cellar and separate kitchen with new units and appliances. A staircase rises from the entrance hallway to the first floor where there is a good size double bedroom and new house bathroom with shower over bath. The property is complete with double glazing and has a communal lawned area to the front and designated parking space.

• Good sized double bedroom
• Kitchen with modern appliances
• New house bathroom with shower
• Double glazing
• Communal garden area
• Allocated parking space
• Close to village centre
• Bond: £500

REDUCED

House to let – Oxleys Square, Mount

Property type: 2 bed terrace
Location: Mount, Huddersfield
Rental: £425 pcm
Min term: 6 months

A modern, two bedroom terrace property with off street parking, garden and useful storage cellar.

This well presented home briefly comprises; entrance lobby, lounge, galley kitchen with doorway leading down to cellar which is ideal for storage of various types. A staircase rises from the entrance lobby to the first floor landing where the house bathroom with modern three-piece white suite is situated along with two bedrooms; one a good sized double, and the other being a single. The property has gas fired central heating, double glazing, off street parking and lawned garden across from the property.

• Modern terraced property
• 2 bedrooms (1 good sized double, 1 single)
• Useful cellar store
• Off street parking
• Garden opposite
• DG + GFCH
• Close to local transport links
• Available now
• Bond: £425

To enquire about this property, please contact us on 01484 682999, or for further images and floor plan please click here. 

Please note the administration fees involved in applying for any property with Applegate Lettings are as below;

First applicant application fee – £100 + VAT
Additional applicants including guarantors – £65 + VAT
Fees will not be taken until we are in receipt of completed application forms
Check in fee (payable only once tenancy approved) – £55 + VAT

REDUCED

House to let – Nabcroft Lane, Crosland Moor

Property type: 3 bedroom semi
Location: Crosland Moor, Huddersfield
Rental: £525 pcm
Min term: 6 months

A conveniently located three bedroomed property close to Huddersfield centre with fitted dining kitchen, good sized lounge, useful lower ground utility store areas, large single garage, driveway and gardens.

With gas fired central heating, double glazing and alarm system, the property briefly comprises: entrance porch, dining kitchen with modern fitted units and appliances including cooker, hob, fridge, freezer, washing machine and tumble dryer, good sized lounge with gas fire, two double bedrooms, bedroom 3/study, modern house bathroom with shower over bath, and good sized lower ground floor rooms including shower room, store, and utility area which gives internal access through to the good sized garage. Externally the property has a driveway and car port providing ample parking, and good sized front and rear gardens.

• Semi-detached property
• 2 double bedrooms + bed 3/study
• Modern fitted kitchen with appliances
• Good sized lounge with gas fire
• Large single garage and driveway
• Front and rear gardens
• Useful lower ground utility store areas
• Close to Huddersfield centre
• Unfurnished
• Bond: £525
• Available now

To enquire about this property, please contact us on 01484 682999, or for further images and floor plan please click here. 

Please note the administration fees involved in applying for any property with Applegate Lettings are as below;

First applicant application fee – £100 + VAT
Additional applicants including guarantors – £65 + VAT
Fees will not be taken until we are in receipt of completed application forms
Check in fee (payable only once tenancy approved) – £55 + VAT

REDUCED

House to let – Stanley Street, Holmbridge

Property type: 2 bed terrace house
Location: Hinchliffe Mill, Holmfirth
Rental: £450 pcm
Min term: 6 months

A very pretty 2 bedroom cottage with two double bedrooms, lovely views and available fully furnished.

This super property must be viewed to appreciate the neatly arranged accommodation on offer. Briefly comprising; Kitchen with integrated appliances including washer, good size lounge with additional storage cupboard and views over the valley and house bathroom with shower over bath. A staircase then rises to the first floor where there are two bedrooms both currently used as doubles, the master bedroom also has stunning views across the valley of Hinchliffe Mill. Previously used as holiday cottage the property is clean, neat and tidy with modern appliances and bathroom and completed with neutral decoration throughout. There is a cottage garden area and additional external store, double glazing and gas fired central heating.

• 2 bedrooms
• Lovely views
• Modern bathroom and kitchen
• Available furnished with appliances
• Cottage garden
• Additional outside store
• Highly sought after area
• Bond: £650

To enquire about this property, please contact us on 01484 682999, or for further images and floor plan please click here. 

Please note the administration fees involved in applying for any property with Applegate Lettings are as below;

First applicant application fee – £100 + VAT
Additional applicants including guarantors – £65 + VAT
Fees will not be taken until we are in receipt of completed application forms
Check in fee (payable only once tenancy approved) – £55 + VAT

New Letting Agent Regulations Receive Positive Response

Amendments to the Enterprise Bill that will include the statutory regulation of letting agents have been welcomed by leading rental industry figures.

The changes, which have been approved by the House of Lords, will give tenants more power to redress in the event of poor practice and aim to raise standards throughout the private rental sector.

Peter Bolton King, residential director at RICS, said: “RICS has long called for the regulation of the lettings industry, given that ultimately, this is about the provision of shelter, a basic human requirement. This decision is one step nearer to this vital change becoming law.”

Christopher Hamer, the Property Ombudsman, also welcomed the news. He claimed the legislation could see 40 per cent of letting agents not registered with the property ombudsman or affiliated to a professional body brought within a framework of standards.

The amendments to the Enterprise Bill now require final approval from the House of Commons before becoming law.

Article courtesy of www.rman.co.uk/

NOW LET

NOW LET – Chain Road, Slaithwaite

Property type: 1 bedroom cottage
Location: Chain Road, Slaithwaite
Rental: £450 pcm
Min term: 6 months

With modern interior, including new shower room and kitchen this one bedroom cottage has stunning long distance views, private parking, gardens and outhouses.

Accessed by shared driveway with one neighboring property this lovely cottage must be viewed. Briefly comprising; Entrance porch (front and back), dining kitchen with fully functional open fire and housing white goods, lounge again with fully functional coal burning fire and stunning long distance views from all angles. A small hallway leads to the double bedroom and new, fully tiled shower room. The property has new carpets throughout and has been recently decorated. Externally the property has good sized garden with driveway and parking spaces, rear patio area and use of large storage shed and views from every angle. The property is heated via the working fires and electric heating but this should not put anyone off as electricity, water, council tax and TV licence are provided for an additional £250 pcm.

• Modern throughout
• 1 double bedroom
• Modern fitted kitchen with appliances
• Views from every room
• Driveway and parking
• Good sized gardens
• Fully functional coal fires
• Bills included for additional £250 pcm

NOW LET

2 bed in Kirkburton

House to let – North Road, Kirkburton

Property type: 2 bed terrace house
Location: Kirkburton, Huddersfield
Rental: £425 pcm
Min term: 6 months

A pretty two bedroom cottage set in the heart of Kirkburton with off street parking.

This lovely terrace property is offered on an unfurnished basis. Stone steps lead up to the ground floor entrance door which leads into a lobby area. On the ground floor there is a good sized lounge and breakfast kitchen with breakfast bar. There is a doorway in the kitchen that gives access to a small rear yard area and another door which leads down to a very good sized, dry cellar. A staircase rises to the first floor where there are two bedrooms; a single and good sized double. This floor is also home to a fully tiled, stylish shower room with double shower enclosure, WC and wash hand basin. There is an off street parking space positioned directly in front of the property. Early viewings advised.

Please note the administration fees involved in applying for any property with Applegate Lettings are as below;

First applicant application fee – £100 + VAT
Additional applicants including guarantors – £65 + VAT
Fees will not be taken until we are in receipt of completed application forms
Check in fee (payable only once tenancy approved) – £55 + VAT

• 2 bedrooms
• Off street parking
• Good size lounge
• Breakfast kitchen
• Large cellar
• Close to local amenities
• Bond: £625

To enquire about this property, please contact us on 01484 682999, or for further images and floor plan please click here. 

Quarmby Road, Quarmby

Apartment to let – Quarmby Road, Quarmby

Property type: 2 bed apartment
Location: Quarmby, Huddersfield
Rental: £440 pcm
Min term: 6 months

A two bedroom ground floor apartment with off street parking, patio garden area and modern decor throughout.

This stylish apartment has the advantage of off-street parking and rear garden with patio area. The property is complete with wood effect flooring, modern kitchen with integrated appliances, electric heating and double glazing throughout.

Briefly comprising; entrance hallway, good size living/dining kitchen area with double glazed uPVC patio doors leading out to garden and patio area. There are two double bedrooms and house bathroom complete with white three piece suite with shower over bath. There is also a utility room which provides useful storage space and can include washer dryer if required. Located not far from the popular village of Lindley, M62 motorway access and Huddersfield town centre and on all main bus routes, this property would be suitable for professionals or young family alike.

Please note the administration fees involved in applying for any property with Applegate Lettings are as below;

First applicant application fee – £100 + VAT
Additional applicants including guarantors – £65 + VAT
Fees will not be taken until we are in receipt of completed application forms
Check in fee (payable only once tenancy approved) – £55 + VAT

• Ground floor flat
• 2 double bedrooms
• Modern kitchen and appliances inc. washer dryer if required
• Patio garden area
• Off-street parking
• Convenient location for M62 and Huddersfield centre
• Bond: £540

To enquire about this property, please contact us on 01484 682999, or for further images and floor plan please click here.