Tuesday, 25 March 2025

Are We Using Our Homes Wisely? The Surprising Truth About Spare Bedrooms

 In towns like Huddersfield, the number of homes with two or more spare bedrooms is striking. Across the UK, 8.9 million homes have this level of extra space—an eye-watering statistic when considering the ongoing housing crisis and the demand for family homes.

 

It’s a sensitive subject. Many of these larger homes belong to an older generation who have lived in them for decades, raising families before finding themselves with empty rooms. These properties were built in an era when bedrooms were more generously sized than the modern equivalents, making them highly desirable. However, for some, the rising cost of maintaining and heating such properties is becoming a challenge, especially for those on fixed incomes.

 

Yet, the idea of ‘downsizing’ often sparks strong emotions. A home is more than bricks and mortar—it’s memories, stability, and a reflection of a lifetime’s work. Encouraging homeowners to move isn’t straightforward, nor should it be. People have the right to make their own choices about where they live.

 

However, the data does raise important questions about how we use housing stock. In a town like Huddersfield, where families are searching for larger homes, the availability of suitable properties is crucial. If those who no longer need the space could access appealing, well-located alternatives, it might help unlock movement in the market. The issue though there is lack of suitable bungalows in the UK!

 

Looking at the numbers, the percentage of homes with two or more spare bedrooms varies significantly by region:

  • Northern Ireland – 45.3%
  • Wales – 41.7%
  • East Midlands – 40.3%
  • South West – 39.9%
  • South East – 38.1%
  • East Anglia – 38.5%
  • Yorkshire & Humber – 37.3%
  • West Midlands – 37.0%
  • North East – 36.4%
  • North West – 36.0%
  • Scotland – 32.2%
  • London – 21.8%

 

Ultimately, property decisions are deeply personal. But for those considering a move, knowing the demand for larger Huddersfield homes is there may help make that decision a little easier

Wednesday, 19 March 2025

Understanding Rental Yields in Huddersfield

 

 

Understanding Rental Yields in Huddersfield

 

This map provides an insight into the average gross yields for rental properties in Huddersfield. The darker areas indicate higher yields, while the lighter areas represent lower yields. Generally, there is an inverse relationship between rental yield and property value—properties with lower capital values often generate higher yields, whereas higher value properties tend to have lower returns on the yield.

That said, there are always exceptions. Huddersfield centre properties, particularly Houses in Multiple Occupation (HMOs), can deliver significantly higher yields. However, they come with additional management challenges, reflecting the increased risk and effort involved.

It’s important to remember that these figures represent averages, and every property is unique. While rental yield is a key factor for landlords, capital growth also plays a crucial role in long-term investment success. This map does not reflect potential capital appreciation, which should be considered alongside yield when assessing an investment opportunity.

If you’re thinking about entering the buy-to-let market or expanding your existing portfolio, we would be happy to discuss your options. Every landlord’s strategy is different, and understanding the right balance between yield, risk, and long-term growth is essential. 

Give us a call to explore how you can make the most of Huddersfield's rental market.



Saturday, 1 March 2025

Huddersfield House Price Review: The February 2025 Update


 

Huddersfield House Price Review: The February 2025 Update

Huddersfield homeowner or landlord? Curious about the trends in the Huddersfield property market? One measure is the average price paid for homes bought and sold in Huddersfield in the last 12 months, on a rolling month by month basis.

 

Each month we like to share this figure, and whilst this figure alone will not tell you much, its trend will. Our followers on social media know we write regular articles on the Huddersfield property market. It is in those articles we expand and clarify what these monthly figures mean to you.

 

Whether you are contemplating selling your property or simply interested in understanding its current market value, we are here to help. We provide detailed, no-obligation free valuations, designed to guide your future property related decisions.

 

Keep yourself informed and a step ahead in understanding the true worth of your property in Huddersfield. For a hassle-free, comprehensive market evaluation of your home, contact us at 01484548126.

 

Let's explore the potential of your Huddersfield property together.

 



 

 

Let's explore the potential of your Huddersfield property together.