On the market for £695,000, Ellerncroft Cottage at Wotton-under-Edge is an impressive five-bedroom split-level detached residence set in about one acre of walled landscaped grounds.
The property, which is located in an exclusive position on the edge of the town, is approached through double wooden gates along a sweeping driveway.
Presented in excellent order, the spacious accommodation includes entrance garden room, fitted kitchen/breakfast room leading into the dining area, utility room, cloakroom, lounge with open views, study, snug/bedroom five, a master suite with dressing area and en-suite, a further three double bedrooms each offering en-suite facilities, and family bathroom.
Outside, the immaculately maintained grounds have large lawns, patio areas and well-established trees as well as offering attractive views.
Further benefits are a double garage with ample driveway parking and two brick-built outbuildings providing storage for lawnmowers etc with power and water supply.
For further details and an appointment to view, contact Besley Hill Town & Country Homes, 32 Long Street, Wotton-under-Edge, Gloucestershire GL12 7BT, tel 01453 842325, website www.besleyhill.co.uk
Thursday 27 May 2010
FIRST-TIME BUYER AFFORDABILITY IMPROVES
Despite a fall in average first-time buyer incomes and rising first time buyer property values, a rise in the average income multiples offered by lenders (based on CML data) has led to an improvement in affordability this month, according to The FindaProperty.com May House Prices & Affordability Index.
The average entry level home is now almost 4.9 times gross household earnings. This compares favourably with 5.5 times at the end of 2008.
In terms of the deposit needed, first-time buyers must find £300 less than last month. The ‘affordability gap’ is now £56,449, or almost 1.8 times average household earnings. At end December 2008, it was over £70,000, or 2.4 times income.
First-time buyer homes also increased for the fourth month in a row, with a 0.3% rise this month, following the 0.3% increase in March. The average entry level home is on the market at £155,677, which is 1.2% higher than a year ago (£153,880) and the highest level since February 2009.
Asking prices rose for the fourth consecutive month, with a 0.6% increase to £219,748. Since May 2009, they have risen by 1.8%, up from £215,761.
Home mover prices rose by 1.0% this month to £280,735. This is the second consecutive month of rises for this property type following five months of falls. They are 1.2% higher than a year ago.
Houses were up 0.7% and flats 0.2% in May. Annually, houses are 2.1% higher than May 2009 while flats are up 1%.
The stronger performance of houses was led by another strong recovery in prices commanded by larger 5+ bed houses (+1.6% this month, and +4.8% annually) as well as 4 beds (+0.5% monthly, +1.7% annually).
Smaller houses and flats recorded more modest rises this month, of between 0% and 1.0%.
Stocks grew by 8% in May, after rises of 4.2% and 5.6% in the previous two months. First time buyer property stocks were up 7.5% this month. There is now almost as much stock available as in April 2009.
The average entry level home is now almost 4.9 times gross household earnings. This compares favourably with 5.5 times at the end of 2008.
In terms of the deposit needed, first-time buyers must find £300 less than last month. The ‘affordability gap’ is now £56,449, or almost 1.8 times average household earnings. At end December 2008, it was over £70,000, or 2.4 times income.
First-time buyer homes also increased for the fourth month in a row, with a 0.3% rise this month, following the 0.3% increase in March. The average entry level home is on the market at £155,677, which is 1.2% higher than a year ago (£153,880) and the highest level since February 2009.
Asking prices rose for the fourth consecutive month, with a 0.6% increase to £219,748. Since May 2009, they have risen by 1.8%, up from £215,761.
Home mover prices rose by 1.0% this month to £280,735. This is the second consecutive month of rises for this property type following five months of falls. They are 1.2% higher than a year ago.
Houses were up 0.7% and flats 0.2% in May. Annually, houses are 2.1% higher than May 2009 while flats are up 1%.
The stronger performance of houses was led by another strong recovery in prices commanded by larger 5+ bed houses (+1.6% this month, and +4.8% annually) as well as 4 beds (+0.5% monthly, +1.7% annually).
Smaller houses and flats recorded more modest rises this month, of between 0% and 1.0%.
Stocks grew by 8% in May, after rises of 4.2% and 5.6% in the previous two months. First time buyer property stocks were up 7.5% this month. There is now almost as much stock available as in April 2009.
Wednesday 26 May 2010
A SEMI WITH POTENTIAL
Looking to stamp your own personality on a property? Then look no further than this 1950s three-bedroom semi at Horfield.
According to estate agent Darren Head, 31 Elmcroft Crescent, Horfield, priced at £209,950, is ideal for this kind of buyer.
Situated in a sought-after residential area, the property offers accommodation comprising light entrance hall, feature bay lounge, dining room with view overlooking the rear garden, kitchen, three double bedrooms and a family bathroom.
Benefits include outside w.c, UPVC double glazing, gas central heating, detached “oversized” garage and, for someone with “green fingers”, a large 68ft rear garden with various mature plants and shrubs.
The property also boasts views over open parkland at the rear of the property, ideal for dog walkers and children to play with friends, says Darren Head.
There is easy access to the M32 motorway, Bristol city centre and major local employers such as the MOD at Abbey Wood, BAE Systems, Rolls Royce and the regional distribution centre for Royal Mail at Filton.
For further details and to arrange a viewing, contact Darren Head at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
According to estate agent Darren Head, 31 Elmcroft Crescent, Horfield, priced at £209,950, is ideal for this kind of buyer.
Situated in a sought-after residential area, the property offers accommodation comprising light entrance hall, feature bay lounge, dining room with view overlooking the rear garden, kitchen, three double bedrooms and a family bathroom.
Benefits include outside w.c, UPVC double glazing, gas central heating, detached “oversized” garage and, for someone with “green fingers”, a large 68ft rear garden with various mature plants and shrubs.
The property also boasts views over open parkland at the rear of the property, ideal for dog walkers and children to play with friends, says Darren Head.
There is easy access to the M32 motorway, Bristol city centre and major local employers such as the MOD at Abbey Wood, BAE Systems, Rolls Royce and the regional distribution centre for Royal Mail at Filton.
For further details and to arrange a viewing, contact Darren Head at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
HOME IN HEART OF THE CITY
If you are looking for a home close to Bristol’s city centre, Flat 26, Hampton Court, Montague Street, should fit the bill.
This one-double-bedroom first-floor balcony apartment is ideally located in the heart of the city.
Bristol Royal Infirmary, Bristol University, Bristol Bus Station, Cabot Circus and Park Street, leading to The Triangle and Whiteladies Road, are all just minutes away.
The modern accommodation comprises open plan lounge/dining room with room for sofas, dining table and chairs, feature Juliet-style balcony, kitchen with matching wall and base units and integrated appliances, light double bedroom, and contemporary white suite bathroom with tasteful fittings.
The property, which is on the market for £149,950, comes with electronic door entry with video phone system, electric heating, double glazing and the benefit of a landscaped communal courtyard garden.
“This attractive apartment is offered free from chain and I strongly recommend an early viewing to avoid disappointment,” says estate agent Darren Head.
For further details and to arrange a viewing, contact Darren at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
This one-double-bedroom first-floor balcony apartment is ideally located in the heart of the city.
Bristol Royal Infirmary, Bristol University, Bristol Bus Station, Cabot Circus and Park Street, leading to The Triangle and Whiteladies Road, are all just minutes away.
The modern accommodation comprises open plan lounge/dining room with room for sofas, dining table and chairs, feature Juliet-style balcony, kitchen with matching wall and base units and integrated appliances, light double bedroom, and contemporary white suite bathroom with tasteful fittings.
The property, which is on the market for £149,950, comes with electronic door entry with video phone system, electric heating, double glazing and the benefit of a landscaped communal courtyard garden.
“This attractive apartment is offered free from chain and I strongly recommend an early viewing to avoid disappointment,” says estate agent Darren Head.
For further details and to arrange a viewing, contact Darren at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
Friday 21 May 2010
HIP HIP HOORAY! HIPS ARE SCRAPPED
Besley Hill has joined other estate agents in welcoming the news that controversial home information packs (Hips) are being scrapped with immediate effect.
The move means homeowners will no longer need to spend money providing one of the packs before they can put their property up for sale.
Communities Secretary Eric Pickles laid an order before Parliament suspending Hips pending primary legislation for a permanent abolition. But sellers will still be required to get an energy performance certificate within 28 days of putting their home on the market.
The property industry has long called for an end to the packs, saying they failed to help home buyers and discouraged people from putting their property on the market.
The move means homeowners will no longer need to spend money providing one of the packs before they can put their property up for sale.
Communities Secretary Eric Pickles laid an order before Parliament suspending Hips pending primary legislation for a permanent abolition. But sellers will still be required to get an energy performance certificate within 28 days of putting their home on the market.
The property industry has long called for an end to the packs, saying they failed to help home buyers and discouraged people from putting their property on the market.
Friday 14 May 2010
PENTHOUSE APARTMENT WITH PANORAMIC VIEWS
A luxury two-double bedroom penthouse apartment, located in central Bristol, is available to rent fully furnished from the Bishopston office of Besley Hill Estate Agents.
Presented to the highest of standards, The Penthouse Apartment, 51 Balmoral House, Cannons Way, has a wraparound sun terrace giving panoramic views of Bristol and the Harbourside development.
“It is a fabulous property ideal for relaxing after a long day in the office just minutes away from Bristol city centre, the SS Great Britain and the Cabot Circus shopping centre,” says estate agent Darren Head.
The spacious accommodation includes entrance hallway with video security entrance phone, large lounge area with leather sofas and glass coffee table, and double doors leading onto one of the two private sun terraces with far reaching views and a sunny aspect.
There is also a dining area with contemporary dining table for six people, a snug area with feature bow bay windows and feature domed ceiling and skylight.
Leading from the lounge is a modern kitchen with white goods and there is a white suite bathroom.
Both bedrooms have double de-luxe beds, one benefiting from an en-suite shower room and access to the second rooftop terrace.
“The apartment has clean, neutral decorations and carpets, and large windows throughout, giving the property a very light and airy feel,” adds Darren Head.
The rental of £1495.00 pcm includes reasonable use of gas, electric and water, TV licence and secure parking nearby at @Bristol.
For further details contact Darren Head at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
Presented to the highest of standards, The Penthouse Apartment, 51 Balmoral House, Cannons Way, has a wraparound sun terrace giving panoramic views of Bristol and the Harbourside development.
“It is a fabulous property ideal for relaxing after a long day in the office just minutes away from Bristol city centre, the SS Great Britain and the Cabot Circus shopping centre,” says estate agent Darren Head.
The spacious accommodation includes entrance hallway with video security entrance phone, large lounge area with leather sofas and glass coffee table, and double doors leading onto one of the two private sun terraces with far reaching views and a sunny aspect.
There is also a dining area with contemporary dining table for six people, a snug area with feature bow bay windows and feature domed ceiling and skylight.
Leading from the lounge is a modern kitchen with white goods and there is a white suite bathroom.
Both bedrooms have double de-luxe beds, one benefiting from an en-suite shower room and access to the second rooftop terrace.
“The apartment has clean, neutral decorations and carpets, and large windows throughout, giving the property a very light and airy feel,” adds Darren Head.
The rental of £1495.00 pcm includes reasonable use of gas, electric and water, TV licence and secure parking nearby at @Bristol.
For further details contact Darren Head at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
Tuesday 11 May 2010
Housing markets 'Spring Bounce'
The housing market enjoyed a spring bounce during the month of April with property prices and sales levels rising according to the RICS today.
The Royal Institution of Chartered Surveyors said housing market sentiment "rebounded" during the month, helped by the better weather.
17% more surveyors reported house price rises than those who saw a fall during the month, up from just 9% more in March.
The balance reported newly agreed sales also turned positive for the first time this year at 12%, up from minus 8% during the previous month.
Average numbers of completed sales during the three months to the end of April also rose to 17.4 per surveyor, the first increase for three months.
11% of surveyors reported a rise in the number of new homes being put up for sale in April, while only 8% reported an increase in inquiries from new buyers, although that was the highest level since December.
Activity levels are expected to continue increasing during the coming months, with many surveyors expecting the market to gain momentum now the election is out of the way.
25% more of surveyors expect sales to rise going forward, up from just 6% in March, and the highest level since October last year.
7% also expect prices to rise, compared with a balance of 2% who were predicting further price falls in the previous month's survey.
RICS spokesman Jeremy Leaf said: "For much of 2010, the housing market has been under the shadow of the General Election, with the gap between supply and demand growing wider as potential house buyers opted to stand on the sidelines awaiting the outcome of the poll.
"However, the start of spring has seen renewed optimism with the good weather improving sentiment and surveyors expecting an increase in both sales and house prices.
"The housing market often sees an increase in new instructions in the early part of the year with sales boosted in the spring and this year has been no exception."
Surveyors throughout the country reported firm price increases.
Ed Stansfield, chief property economist at Capital Economics, said: "The softer tone evident in most of the RICS housing market balances since the turn of the year was partially reversed in April.
"It will be at least another month or two, however, before we know whether the market has finally shaken off its New Year hangover or whether April's more positive survey was a one-off."
Source: The Independant 10.05.10
The Royal Institution of Chartered Surveyors said housing market sentiment "rebounded" during the month, helped by the better weather.
17% more surveyors reported house price rises than those who saw a fall during the month, up from just 9% more in March.
The balance reported newly agreed sales also turned positive for the first time this year at 12%, up from minus 8% during the previous month.
Average numbers of completed sales during the three months to the end of April also rose to 17.4 per surveyor, the first increase for three months.
11% of surveyors reported a rise in the number of new homes being put up for sale in April, while only 8% reported an increase in inquiries from new buyers, although that was the highest level since December.
Activity levels are expected to continue increasing during the coming months, with many surveyors expecting the market to gain momentum now the election is out of the way.
25% more of surveyors expect sales to rise going forward, up from just 6% in March, and the highest level since October last year.
7% also expect prices to rise, compared with a balance of 2% who were predicting further price falls in the previous month's survey.
RICS spokesman Jeremy Leaf said: "For much of 2010, the housing market has been under the shadow of the General Election, with the gap between supply and demand growing wider as potential house buyers opted to stand on the sidelines awaiting the outcome of the poll.
"However, the start of spring has seen renewed optimism with the good weather improving sentiment and surveyors expecting an increase in both sales and house prices.
"The housing market often sees an increase in new instructions in the early part of the year with sales boosted in the spring and this year has been no exception."
Surveyors throughout the country reported firm price increases.
Ed Stansfield, chief property economist at Capital Economics, said: "The softer tone evident in most of the RICS housing market balances since the turn of the year was partially reversed in April.
"It will be at least another month or two, however, before we know whether the market has finally shaken off its New Year hangover or whether April's more positive survey was a one-off."
Source: The Independant 10.05.10
Monday 10 May 2010
MODERN FAMILY HOME TO RENT
An extremely well presented three-bedroom family home, 22 Hazel Grove, Horfield, is available to rent part-furnished for £850 per calendar month at the end of June/early July.
Built just over five years ago, the end-of-terrace property has downstairs cloakroom, large lounge with modern decorations and floorings, and kitchen/dining room with gas hob, electric oven, dishwasher and fridge/freezer.
On the first floor are two double bedrooms (one with en-suite shower room), single bedroom/office and a white suite bathroom with bath and shower.
Other benefits include double glazing, alarm, gas central heating, off-street parking for two cars and large rear garden.
“The owners have recently redecorated the lounge and the property is in very good order throughout,” says Darren Head from Besley Hill Estate Agents at Bishopston.
“The home is ideal for a small family, a professional couple or professional sharers. We have let a similar house on the same estate to a doctor who relocated from Austria and now works at Frenchay Hospital.”
The property is set close to Gloucester Road (A38), providing easy access to other major employers such as Rolls Royce, Airbus, BAE Systems, MOD and Hewlett-Packard as well as the M32, M4 and M5 motorways.
For further details contact Darren Head at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
Built just over five years ago, the end-of-terrace property has downstairs cloakroom, large lounge with modern decorations and floorings, and kitchen/dining room with gas hob, electric oven, dishwasher and fridge/freezer.
On the first floor are two double bedrooms (one with en-suite shower room), single bedroom/office and a white suite bathroom with bath and shower.
Other benefits include double glazing, alarm, gas central heating, off-street parking for two cars and large rear garden.
“The owners have recently redecorated the lounge and the property is in very good order throughout,” says Darren Head from Besley Hill Estate Agents at Bishopston.
“The home is ideal for a small family, a professional couple or professional sharers. We have let a similar house on the same estate to a doctor who relocated from Austria and now works at Frenchay Hospital.”
The property is set close to Gloucester Road (A38), providing easy access to other major employers such as Rolls Royce, Airbus, BAE Systems, MOD and Hewlett-Packard as well as the M32, M4 and M5 motorways.
For further details contact Darren Head at Besley Hill Estate Agents, 66 Gloucester Road, Bishopston, Bristol BS7 8BH, tel 0117 924 4008, email bishopston@besleyhill.co.uk
Wednesday 5 May 2010
Eve of the Election - Who's Saying What on Property?
The results of the election are as unpredictable as ever and yet could prove a real turning point for the property industry.
So, here's a very brief "Eve of Election" run down of the key points relating to property in each of the three main party manifestos.
LABOUR: Will reform housing benefits, provide tenants in the private rented sector with the right to a written tenancy agreement and establish a national register of landlords. By 2020 every home will have a smart meter, and the private rented sector will be regulated to ensure properties are properly insulated.
CONSERVATIVES: Will scrap HIPs and amend the Use Classes Order to allow properties to be used for any purpose permitted in new local plans. A new green deal will provide every home with up to £6,500 worth of energy improvement, with more available for some properties.
LIBERAL DEMOCRATS: Will scrap HIPs and bring back into use 250,000 empty properties. Will provide loans and grants to improve the energy efficiency of properties.
Results at the 2005 election: Labour 356 seats, Conservatives 198, LibDems 62.
Source Estate Agent Today 05.05.10
So, here's a very brief "Eve of Election" run down of the key points relating to property in each of the three main party manifestos.
LABOUR: Will reform housing benefits, provide tenants in the private rented sector with the right to a written tenancy agreement and establish a national register of landlords. By 2020 every home will have a smart meter, and the private rented sector will be regulated to ensure properties are properly insulated.
CONSERVATIVES: Will scrap HIPs and amend the Use Classes Order to allow properties to be used for any purpose permitted in new local plans. A new green deal will provide every home with up to £6,500 worth of energy improvement, with more available for some properties.
LIBERAL DEMOCRATS: Will scrap HIPs and bring back into use 250,000 empty properties. Will provide loans and grants to improve the energy efficiency of properties.
Results at the 2005 election: Labour 356 seats, Conservatives 198, LibDems 62.
Source Estate Agent Today 05.05.10
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