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Property

This huge £3m Lake District house could be yours for just £10

The competition is aiming to raise money for Cancer Research UK

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Omaze

An enviable £3m home in the heart of the Cumbrian Lake District is being auctioned off for as little as £10.

The gorgeous six-bedroom property is situated on the cusp of Lake Windermere, one of the most popular holiday destinations in the whole of the UK.

Not many people are able to call this location home but, now, you could become a permanent resident thanks to a unique million pound house draw.

Fundraising company Omaze is raffling off the fully-furnished house with bundled entries to raise money for Alzheimer’s Research UK, with the cheapest bundle being just £10 for fifteen entries.

Omaze

Omaze

Once selected at random, the winner will be handed the keys to the property, completely mortgage-free and with no stamp duty or conveyancing to pay. Omaze will also be giving the winner an extra £20,000 to help you them started, whether they decide to move straight in, use it as a holiday home or sell it for the money.

So, what does the house include?

The property sits in Bowness-On-Windermere and provides panoramic views of the surrounding mountains and Lake Windermere, the largest natural lake in England. 

As mentioned earlier, the home will come fully furnished and features a large living area with a traditional wood burning stove and comfortable sofas and seating. There is also a handsomely sized kitchen with a breakfast bar and a number of modern appliances.

The property is ideal for hosting parties with a large twelve seater dining table, private cinema room and rustic indoor-outdoor BBQ kitchen, complete with a log burner and beautiful outdoor seating area.

Omaze

Omaze

Each of the six bedrooms come complete with king-size beds with sprung mattresses and contemporary headboards, two with en-suites and three with balconies. On the top floor sits a large en-suite penthouse which boasts the very best views of the Lake Distract.

And just when you thought this property couldn’t get any better, it also comes complete with a private gym, spa, sauna and steam room. 

Entries close on March 27th and the winner will be announced on April 1st. And don’t feel too glum if you don’t win the house; there are also a number of ‘secondary’ prizes to be won, including a Mercedes G Wagon, a Jaguar F Type and cash prizes ranging up to £100,000. 

For the full terms and conditions and to enter the competition, visit the Omaze website here.

Property

Gary Neville’s new £200m St Michael’s neighbourhood development to begin construction in January

St Michael’s will boast a 41 storey tower with 191 hotel rooms, 181 apartments, and a 900 cover restaurant with city views

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Revere

Gary Neville has announced that work on his ambitious £200m neighbourhood development St Michael’s will be getting underway in January 2022.

Plans for the highly-anticipated St Michael’s neighbourhood began back in 2016, though the development has been fourteen years in the making – the ex-Manchester United star said he is aware that many were sceptical it would ever come to fruition, but has insisted that the project is in ‘the home straight’. 

And today, Neville has shared first-look graphics of what St Michaels will look like, writing on his social platforms: “Welcome to St Michaels , Manchester . We’ve just completed the deal to build phase 1 starting in January and can’t wait.”

The build will take place in two phases courtesy of a joint venture between Gary Neville’s Relentless and US investor KKR, with the first being delivered by contractor Bowmer & Kirkland and focusing on 185,000 sq ft of commercial space across nine floors at the site of the former police headquarters on Southmill Street.

Revere

The new office spaces will offer tenants their own designated roof space – which will boast impressive skyline views overlooking the Manchester Town Hall and Manchester Library – private terraces and areas for meetings and presentations, and interiors designed by Skidmore, Owings & Merrill.

They will also have access to increased cycle storage, and enhanced changing and showering facilities.

St Michaels will also house a huge public space billed to be a ‘hub of music, food, drink, and entertainment’, and is expected to generate 1,800 new jobs. 

The second phase of the development will focus on the hospitality and residential elements in the form of a forty-one-storey tower with 191 hotel rooms and 181 apartments, as well as a 900 cover restaurant with city views.

Relentless and KKR are also aiming for high sustainability credentials, with the hope to achieve BREEAM Outstanding, five stars on NABERS and WELL Platinum status, which would make them some of the most eco-friendly and energy efficient spaces in the country.

Revere

Gary Neville said on the development: “This is such an important project for Manchester. We are really pleased to be announcing the start-on-site in what is another major step forward for this legacy scheme. The aim is to deliver a world class development for our city and the UK. 

“Our team has worked tirelessly with our joint venture partner KKR, along with contractor B&K and Manchester City Council, and it is the dedication of these teams that has enabled the first phase to come to fruition in the new year.”

Manchester City Council are fully backing the development, with city council leader Bev Craig saying: “This is momentous news for the St Michael’s project. This development will be transformational for the Jackson Row area and confirmation that a start on site is imminent is very welcome.”

St Michael’s will begin phase one of building in January 2022, with an expected completion date in 2024. Head over to the St Michael’s website for news and updates.

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Property

Renters will no longer have to pay deposits under new tenancy scheme

There will still be some fees to look out for, however…

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Stocksnap & Bellway Homes

Tenants will no longer have to fork out for costly deposits when renting a home under a new tenancy scheme. 

The majority of landlords require their tenants to put down a deposit in order to secure a property; on average, renters have to put down a £1,054 deposit to secure a tenancy, according to the Office for National Statistics. 

But now, a new scheme launched by rent guarantor Housing Hand could very well be putting an end to expensive deposits.

Their scheme means that working professionals and students alike can move into a property without coughing up hundreds of pounds for a deposit.

@schluesseldienstvergleich_eu / Unsplash

Instead, renters will have to pay a £25 joining fee and and a one-off payment for the scheme.

The one-off charge is the equivalent of 20% of one month’s rent to Housing Hand, which is paid in monthly instalments stretched across the length of the tenancy.

For example: If you paid £500 rent a month for twelve months, you would need to pay £100 over one year – which works out at roughly £8.33 a month, plus the £25 fee up-front.

However, there’s a catch; landlords aren’t legally obliged to accepting Housing Hand as a rent guarantor, so there’s no guarantee they’ll agree to waiving a deposit.

Soroush Karimi / Unsplash

Renters will also need to provide personal information in the application, such as proof of identity, proof of address, and evidence that you earn at least 1.5 times your share of the monthly rent if you are a working professional and not a student.

And, while Housing Hand says using the scheme will not affect your credit score, a missed rent payment means Housing Hand would pay the rent on your behalf, something renters would be required to pay back.

Oh, and tenants won’t get the fee they paid to Housing Hand back at the end of the tenancy, though I’m sure we can survive without £25.

However, experts have warned renters about using these type of schemes that offer the option to move in without a deposit.

@benchaccounting / Unsplash

Generation Rent deputy director Dan Wilson Craw said: “Renters should be careful about using schemes like this as they are not regulated and ultimately cost more than traditional deposit schemes as they aren’t refundable.

“We have heard from tenants who have used other deposit-free schemes and found that after paying for the coverage every month, they move out and are hit by a large claim for any damage or wear and tear that is very difficult to challenge.”

For more information, head over to the Housing Hand website.

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Property

Average UK house price hits £250k: Here’s what that’ll get you in Greater Manchester

Looks like I’m moving to Bolton then…

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RightMove

Bad news for first time buyers: The average UK house price has reached £250,000 for the first time, making the prospect of owning a home even more unrealistic for thousands of people across the country.

But what could that sum of money buy you here in Greater Manchester?

While it is common knowledge that buying a house up in the North is a considerably cheaper alternative to buying in the South, prices are slowly creeping up here too, making it even more difficult for people to get themselves on the property ladder.

Prices vary from borough to borough, so we had a snoop on RightMove to see what exactly £250k can get you in each location. Here’s what we found…

RightMove

RightMove

Salford

For 250,000 sheets, those looking to settle down and buy in Salford can get themselves this lovely – though admittedly a little dated – three bedroom semi-detached house down Eccles New Road.

The garden is undeniably the best feature of the property, with an abundance of space for avid gardeners and vegetable plotters to throw themselves into. It is also situated in an enviable location with it being within walking distance from a Metrolink station, Salford Royal Hospital (because you can never be too careful) and Salford Quays.

However, as the photos demonstrate, the house is in desperate need of a lick of paint (and a new fireplace, obviously), especially if a young couple are moving in.

You can see the full property listing here.

RightMove

RightMove

Rochdale

Over in Norden in the borough of Rochdale, £250K can get you this gorgeous three bedroom cottage, complete with one bathroom and an absolutely massive kitchen with actual wooden beams.

Located in the heart of the Norden countryside, this property is ideal for all those looking to swap the hustle and bustle of city living for a wholesome lifestyle in that ‘proper’ country fresh air. The cottage boasts tons of space, including three double bedrooms, a large dining room and living area, and two generous gardens, front and back.

I struggled to find any faults with this property other than it being a tad dated and in the middle of nowhere; though it does seem to only have electric heaters instead of a gas central heating system, which could rack up your energy bill in the colder months.

You can see the full property listing here.

RightMove

RightMove

Stockport

Back in the city, £250K gets you considerably less than a countryside cottage and promises a hell of a lot more blood, sweat and tears with this three bedroom end-of-terrace.

Located in Heaton Chapel, Stockport, this house strikes me as oddly charming from the outside thanks to its unique yellow and green painted door and window frames. However, upon setting foot inside the property, you’ll find that tens of thousands of pounds worth of work is desperately needed to make the property liveable.

The photos show wallpaper – which could have only been purchased in the 1970s – peeling from the walls in a number of rooms, while tiles and floorboards lay broken and smashed on the floors. Oh, and there’s literally no counters or worktops in the kitchen, which wouldn’t be helpful.

Though I have to admit, this house has a lot of potential for those who are willing to give it some love (and a couple of bank loans).

You can see the full listing here.

RightMove

RightMove

Manchester

Over in Fallowfield, Manchester, you’ll also struggle to get your money’s worth for £250,000 with this four bedroom terraced house.

The property, which looks destined to be rented out to easygoing students, features four bedrooms, a large cellar (not the romantic wine kind, sadly), and two bathrooms ideal for those happy to share and pinch each other’s shampoo. It is also located within walking distance from the universities and both Oxford Road station and Piccadilly station.

Though it is worth noting that the house, which is very narrow and will definitely need a good lick of paint and some new furnishings before anyone could comfortably live there, sadly reflects the rising costs of central Manchester living. My advice? Get out of the city and into the derelict countryside if you’re wanting more bang for your buck.

You can see the full listing here.

RightMove

RightMove

Wigan

Now that’s more like it… Over in Leigh, Wigan, where pies are in an abundance, you’ll be able to spend your £250,000 on this lovely three bedroom detached house.

Located close to the East Lancashire Road, this property boasts massive space throughout, though there are some slightly questionable decorations and furnishings. Like many of the properties up for grabs at this price in the region, the house feels a little 70s and could definitely do with a spruce up (did you ever see a kitchen so sterile looking?).

But overall, this house is a total steal and has huge potential with it’s massive front-facing windows and promising garden (which even comes with it’s very own willow tree!) That’s worth the security deposit alone, in my opinion.

You can see the full listing here.

RightMove

RightMove

Tameside

£250,000 is money well spent in Broadbottom, Hyde, with this gorgeous two bedroom end of terrace property with, low and behold, space for an actual vegetable patch. 

While the back garden boasts stunning views of the surrounding countryside, around the front of the property there is another large garden with flower beds and a small pond. Inside, the house has a large open plan living and dining area complete with rustic burning stoves, and a generously sized kitchen perfect for cooking all those home-grown veggies.

The property also features a new side extension and plenty of room for storage, something that’s quite hard to come by these days.

You can see the full listing here.

RightMove

RightMove

Oldham

Over in Oldham, £250,000 will get you this charming three bedroom semi-detached property, complete with a conservatory and, miraculously, modern decoration and furnishings.

Yep, in probably the first modern listing I’ve come across under this price bracket so far, this house is located down a quiet cul-de-sac just a stone’s throw away from a number of schools – so it’s perfect for those looking to settle down and start a family. 

The house is also situated nearby to a Metrolink station, Ashton-Under-Lyne train station and the motorway, making it an ideal location for those wanting to get out and about. 

You can see the full listing here.

RightMove

RightMove

Trafford

In Trafford, you’ll be getting a little less value for £250,000 with this three bedroom end-of-terrace property that is in urgent need of a spruce up and de-weeding.

Though it may be a haven for die-hard Manchester United fans, considering it’s just a short walk away from the football clubs Old Trafford home ground. It is also located close to local schools and has good transport links to the city centre, if Man United isn’t your cup of tea.

The house also features a cosy living room, a decent sized kitchen and a large garden which, with some TLC, could have some great potential for those summer barbecues. 

You can see the full listing here

RightMove

RightMove

Bolton

Westhoughton in Bolton has knocked it out of the park with this gorgeous three bedroom semi detached property priced at, you guessed it, £250,000. 

This refreshingly modern home features two bathrooms, a stylish and newly fitted upstairs bathroom and kitchen and a large master bedroom. Outside, there’s a massive double driveway and an extension to rear.

And guess what? Not a single strip of floral, 1970’s wallpaper in sight! The area is massively sought after among families, and is close to a number of transport links. 

You can see the full listing here

RightMove

RightMove

Bury

And last but not least, this is what you can get for £250,000 over in Brandleshome, Bury – and, to be honest, I’m impressed. 

This three bedroom detached house features a garage (!!!) which is completely unheard of in £250k Greater Manchester properties for some reason, a three-piece bathroom suite and a lovely open plan living room and dining area. 

Outside, there’s a generous garden space with some lovely trees and shrubs – because who doesn’t love a good bit of greenery in grey and rainy Manchester?

You can see the full listing here

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