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Property Investment

What Can You Buy for Today’s Average Asking Price?

With the average new seller asking price sitting at £368,231, we decided to take a look at what property investors can currently buy for the average asking price. From a semi-detached property already partitioned into three highly desirable rental flats to a property with excellent transport links for commuters, to homes with holiday let potential. Take a look inside the five average asking price properties we have sourced from across the nation.

Semi-detached converted into 3 flats Nottinghamshire – £350,000+

Semi-detached conversion marketed by Holden Copley via Rightmove
Semi-detached conversion marketed by Holden Copley via Rightmove
Semi-detached conversion marketed by Holden Copley via Rightmove

Located in Mapperley, Nottinghamshire, this semi-detached house on Woodborough Road could be an enticing investment opportunity for landlords. The house has been converted into three self-contained flats offering instant rental income potential. Furthermore, the property’s versatile layout caters to a broad tenant base to ensure consistent rental returns. Each flat features en-suite bathrooms, fitted kitchens and spacious living areas. Additionally, with amenities like a dedicated boiler room, the property is designed for efficient upkeep. Mapperley offers a mix of local amenities, schools, parks and excellent transport links, promising high demand from tenants seeking a convenient lifestyle.

Modern 4-bed near popular park, Newcastle Upon Tyne – £375,000

Stone View marketed by Signature via Rightmove
Stone View marketed by Signature via Rightmove
Stone View marketed by Signature via Rightmove

Stone View in Holystone, Newcastle Upon Tyne is a desirable detached property with no upper chain. The property boasts four spacious bedrooms, with the master featuring an ensuite and a Juliette balcony; two bathrooms, one ensuite in the master bedroom and a main bathroom. The ground floor offers a welcoming entrance hallway with a W.C., under-stair storage, a spacious living room, an open-plan kitchen/diner and a utility room. The spacious rooms, particularly the open-plan kitchen/diner and living room, offer tenants ample versatility in the furnishing’s layout.

The outdoor space includes a sizable rear garden primarily laid to lawn with a paved patio ideal for outdoor dining. In addition to the rear garden, there’s a garden at the front accompanied by a single garage and driveway.

Located in the desirable Holystone area of Newcastle-Upon-Tyne, the property benefits from excellent transportation links to the city centre and proximity to amenities like shops, restaurants, schools and the stunning Rising Sun Countryside Centre – a popular park with 400 acres of open space including a nature reserve, grassland, woodland areas and a lake.

Potential holiday let Windermere, Cumbria £367,500

Potential holiday let Windermere, Cumbria marketed by Hackney Leigh via Rightmove
Potential holiday let Windermere, Cumbria marketed by Hackney Leigh via Rightmove
Potential holiday let Windermere, Cumbria marketed by Hackney Leigh via Rightmove

This property’s traditional stone architecture, paired with its warrm interiors, makes it a top pick for families, those contemplating a second home or buying a holiday let. Situated in the Heathwaite area of popular tourist spot of Windermere, the location presents the advantage of being close to the amenities in both Bowness and Windermere villages.

This 3-bedroom traditional end of terrace property spans three floors and boasts a sunny living room with a coal effect fireplace. The spacious kitchen comes equipped with modern appliances and features a Belfast sink. There’s also a utility room. The property offers a luxury bathroom and double bedrooms, with one bedroom housing an attached WC and washbasin. From the upper floors, residents can enjoy impressive views of distant mountains. Outside, there’s a tiered patio garden and a single garage situated at the rear. Essential facilities, such as local shops, recreation grounds, sports amenities, primary school and scenic local walks, are conveniently nearby while features like the garage, on-road parking and high-speed broadband heighten its appeal.

Land with development potential Stratford-Upon-Avon – £375,00

Land with development potential Stratford-Upon-Avon marketed by Sheldon Bosley via Rightmove
Land with development potential Stratford-Upon-Avon marketed by Sheldon Bosley via Rightmove

Located on Grove Road in Stratford-Upon-Avon and marketed by Sheldon Bosley Knight, Land & New Homes, Warwickshire, the land spans approximately 0.25 acres and is home to existing brick outbuildings and garages. Its prime location in Stratford Upon Avon’s town centre is flanked by residential development on three sides and an allotment to the North. While there’s no current planning permission, the site is understood to be situated in a sustainable location for residential development in principle. Given its potential and strategic location, this site is sure to pique the interest of investors or landlords eager to bolster their property holdings.

2 bedroom apartment with estuary views and Airbnb potential £350,000

2 bedroom apartment with estuary views and air BnB potential marketed by Ramsey Moore via Rightmove
2 bedroom apartment with estuary views and air BnB potential marketed by Ramsey Moore via Rightmove
2 bedroom apartment with sea views and air BnB potential marketed by Ramsey Moore via Rightmove

Situated on the borders of Westcliff and Southend seafront within the Clifftown conservation area is this delightful two-bedroom first-floor period home. The residence boasts an enviable position perfectly located right next to the upscale Seven Hotel, with landmarks such as the historic 1912 Cliff Lift, the beautiful estuary and the Clifftown shore building just a stone’s throw away.

Inside, buyers will be impressed by the generous ceiling height, the beautifully preserved original features and the contemporary, chic finish. Not to be overlooked are the balcony and terrace, ideal for leisurely morning coffee sessions. Additional perks include a share of the freehold and a shared garden.

The area brims with vibrant bars, cosy coffee shops, a wide selection of eateries and the rhythmic melody of the seafront sights sounds. The property’s location makes it a strong contender for an Airbnb or holiday let property to add to your property portfolio.

Which of our five properties appeals to you the most?

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Alex Wright, Editor