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Boxing Day Set To See Record Property Listings

The number of new property listings this Boxing Day is expected to reach record levels.

Rightmove said the number of new homes brought to the market on Boxing Day by estate agents last year was 173 per cent higher than 2019 and 46 per cent higher than 2021.

It said last year saw a record number of new properties listed for sale on Boxing Day. And this year’s festive period is expected to see the trend continue.

We take a look at ten properties that are new to the market this Boxing Day, provided by estate agency group Connells.

We pick ten properties for sale that are new to the market this Boxing Day, including  this four-bedroom house in Cornwall (scroll down for more details)

We pick ten properties for sale that are new to the market this Boxing Day, including this four-bedroom house in Cornwall (scroll down for more details)

Of the properties that launched on Boxing day 2022, Connells said 61 per cent were either exchanged or sold subject to contract by March 2023.

Our list of ten homes that are new to the market today range in price from £225,000 to £1.75million.

Ten Homes For Sale That Are New To The Market

1. Four-bed house, Langbank, £410k

This four-bedroom split level house in the Scottish village of Langbank is new to the market today

This four-bedroom split level house in the Scottish village of Langbank is new to the market today

The detached property is being sold for £410,000 and Allen & Harris estate agents is handling the sale

The detached property is being sold for £410,000 and Allen & Harris estate agents is handling the sale

This four-bedroom split level house in in the Scottish village of Langbank boasts far-reaching views across the River Clyde.

The Renfrewshire village is just shy of ten miles from Paisley and 3.5 miles from Port Glasgow.

The detached property is new to the market today and is being sold for £410,000 via Allen & Harris estate agents.

2. Four-bed cottage, Allestree, £375k

This extended cottage in the heart of Derby's Allestree is for sale for £375,000 via Ashley Adams estate agents

This extended cottage in the heart of Derby’s Allestree is for sale for £375,000 via Ashley Adams estate agents

The property boasts an annex with its own entrance, making it an ideal addition for a family member

The property boasts an annex with its own entrance, making it an ideal addition for a family member

This extended cottage in the heart of Derby’s Allestree boasts an annex with its own entrance, making it ideal for an elderly relative, teenager or for business use.

The property has a price tag of £375,000 and the sale is being handled by Ashley Adams estate agents.

3. Two-bed cottage, Radstock, £225k

This two-bedroom end of terrace in Somerset's Radstock is for sale for £225,000 via Allen & Harris estate agents

This two-bedroom end of terrace in Somerset’s Radstock is for sale for £225,000 via Allen & Harris estate agents

This two-bedroom end of terrace in the Somerset town of Radstock boasts some original features, including period beams, stone walls and a log burner.

However, the property is in need of renovating and so buyers will need to budget for some improvements.

The house has an asking price of £225,000 and is being sold by Allen & Harris estate agents.

4. Three-bed cottage, Amport, £525k

This three-bedroom detached period cottage in Amport is for sale for £525,000 via Connells estate agents

This three-bedroom detached period cottage in Amport is for sale for £525,000 via Connells estate agents

This three-bedroom detached cottage is complete with an inglenook fireplace and log burner as well as smart features.

It is in heart of the village of Amport, which is four miles west of Hampshire’s Andover.

The property is on the market for £525,000 and is being sold by Connells estate agents.

5. Three-bed cottage, Southover, £750k

This three-bedroom cottage in the Dorset hamlet of Southover is for sale for £750,000 via Fox and Sons estate agents

This three-bedroom cottage in the Dorset hamlet of Southover is for sale for £750,000 via Fox and Sons estate agents

This three-bedroom cottage is in the Dorset hamlet of Southover, and is Grade II listed.

The roof is part thatch and part tiled, while inside the property features an inglenook fireplace and wood burner.

The detached property is for sale for £750,000 via Fox and Sons.

6. Four-bed house, Carlyon Bay, £850k

This four-bedroom detached home in Cornwall's Carlyon Bay is for sale for £850,000 via Country and Waterside estate agents

This four-bedroom detached home in Cornwall’s Carlyon Bay is for sale for £850,000 via Country and Waterside estate agents

Nestled within the exclusive Cornish enclave of Carlyon Bay, this four-bedroom detached home is perfect for those seeking to be close to the coast.

A private road leads to this hidden gem, which is within striking distance of the beach, and is for sale for £850,000 via Country and Waterside estate agents.

7. Four-bed house, Penmark, £550k

This four-bedroom Welsh home is on the market for £550,000 via Peter Alan estate agents

This four-bedroom Welsh home is on the market for £550,000 via Peter Alan estate agents

The house is called Brookfield, and it is in the quaint village of Penmark, which is south-west of Barry, near Rhoose in the Vale of Glamorgan

The house is called Brookfield, and it is in the quaint village of Penmark, which is south-west of Barry, near Rhoose in the Vale of Glamorgan

This four-bedroom Welsh home is called Brookfield, and occupies an enviable position overlooking countryside in the heart of Penmark Village.

The quaint village of Penmark is south-west of Barry, near Rhoose in the Vale of Glamorgan.

The detached property occupies a generous plot, with a south-facing garden and parking for several cars.

It is on the market for £550,000 and is being sold by Peter Alan estate agents.

8. Six-bed home, Hartlepool, £750k

This six-bedroom family home in County Durham's West Park is for sale for £750,000 and is being sold by Manners and Harrison estate agents

This six-bedroom family home in County Durham’s West Park is for sale for £750,000 and is being sold by Manners and Harrison estate agents

This six-bedroom family home is in County Durham’s conservation area of West Park.

The property dates from 1895 and was part of the Meadow Croft Estate, having previously been stables and the home of the chauffeur.

The property is on the market, currently with an asking price of £750,000 and is being sold by Manners and Harrison estate agents.

9. Five-bed house, Bepton, £1.5m

This detached property in Bepton has an asking price of £1.5million and is being sold by King and Chasmore estate agents

This detached property in Bepton has an asking price of £1.5million and is being sold by King and Chasmore estate agents

This detached house in Bepton in West Sussex is surrounded by farm land and woodland.

This detached house in Bepton is surrounded by farm land and woodland.

It extends across three floors, offering four double bedrooms, a swimming pool, gym and office and generous gardens.

To the front of the property there is a driveway and parking for several vehicles, which in turn leads to a large double garage.

The property is new to the market, currently with an asking price of £1.5million and is being sold by King and Chasmore estate agents.

10. Six-bed house, Streatham, £1.75m

This six-bedroom London house is for sale for £1.75million and it is being sold by Barnard Marcus estate agents

This six-bedroom London house is for sale for £1.75million and it is being sold by Barnard Marcus estate agents

This six-bedroom London property includes two reception rooms and an expansive open-plan kitchen.

Outside, there is a good sized garden with a summer house that can be used as an office.

The Streatham property is new to the market, with an asking price of £1.75million and it is being sold by Barnard Marcus estate agents.


Culture

Assessing Property Size: What Square Footage Can You Get With The Average UK House Price In Your Area?

Assessing Property Size In The UK

In the United Kingdom, there is a prevailing tendency to gauge the size of residences based on the number of bedrooms rather than square footage. In fact, research indicates that three out of five individuals are unaware of the square footage of their property.

However, a comprehensive analysis conducted by Savills reveals significant variations in property sizes throughout the country. For instance, with the average property price standing at £340,837, this amount would typically afford a studio flat spanning 551 square feet in London, according to the prominent estate agency.

Conversely, in the North East region, the same sum would secure a spacious five-bedroom house measuring 1,955 square feet, nearly four times the size of a comparable property in London.

Best value: Heading to the North East of England is where buyers will get the most from their money

In Scotland, the median house price equates to a sizable investment capable of procuring a generous four-bedroom residence spanning 1,743 square feet. Conversely, in Wales, Yorkshire & The Humber, and the North West, this sum affords a slightly smaller four-bedroom dwelling of approximately 1,500 square feet, while in the East and West Midlands, it accommodates a 1,300 square foot home. In stark contrast, within the South West, £340,837 secures a modest 1,000 square foot property, and in the East, an even more confined 928 square feet.

London presents the most challenging market, where this budget offers the least purchasing power. Following closely, the South East allows for 825 square feet of space or a medium-sized two-bedroom dwelling. Lucian Cook, head of residential research at Savills, emphasizes the profound disparity in purchasing potential across Britain, ranging from compact studio flats in London to spacious four or five-bedroom residences in parts of North East England.

While square footage serves as a critical metric, with a significant portion of Britons unfamiliar with their property’s dimensions, the number of bedrooms remains a traditional indicator of size. Personal preferences, such as a preference for larger kitchens, may influence property selection. For those prioritizing ample space, Easington, County Durham, offers a substantial 2,858 square foot, five-bedroom home, while Rhondda, Wales, and Na h-Eileanan an Iar, Scotland, provide 2,625 and 2,551 square feet, respectively. Conversely, in St Albans, Hertfordshire, £340,837 secures a mere 547 square feet, equivalent to a one-bedroom flat.

The disparity continues in central London, where purchasing power diminishes considerably. In Kensington, the budget accommodates a mere 220 square feet, contrasting with the slightly more spacious 236 square feet in Westminster. Conversely, in Dagenham, the same investment translates to 770 square feet. Three properties currently listed on Rightmove exemplify the diversity within this price range across the UK market.

South of the river: This semi-detached house is located near to three different train stations

South of the river: This semi-detached house is located near to three different train stations

2. Lewisham: One-bed house, £345,000

This one-bedroom property in Lewisham, South London, is on the market for £345,000.

The semi-detached house is set over two floors, and has a private patio.

The property is located near to bus links and amenities, as well as Catford train station.

Edinburgh fringe: This three-bed property is located on the edge of the city, near to the town of Musselburgh

Edinburgh fringe: This three-bed property is located on the edge of the city, near to the town of Musselburgh

3. Edinburgh: Three-bed house, £350,000

This three-bedroom detached house in Edinburgh could be yours for £350,000.

The house, which has a two-car driveway, boasts a large kitchen diner, and is within easy reach of Newcriaghall train station.


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Culture

Top 10 Florida Cities Dominate The Business Startup Landscape In The U.S.

Top 10 Florida Cities And Business Startup Landscape In The U.S.

The Voice Of EU | Florida emerges as a hub for entrepreneurial endeavors, with its vibrant business landscape and conducive environment for startups. Renowned for its low corporate tax rates and a high concentration of investors, the Sunshine State beckons aspiring entrepreneurs seeking fertile grounds to launch and grow their businesses.

In a recent report by WalletHub, Florida cities dominate the list of the top 10 best destinations for business startups, showcasing their resilience and economic vitality amidst challenging times.

From Orlando’s thriving market to Miami’s dynamic ecosystem, each city offers unique advantages and opportunities for entrepreneurial success. Let’s delve into the chronologically listed cities that exemplify Florida’s prominence in the business startup arena.

1. Orlando Leads the Way: Orlando emerges as the most attractive market in the U.S. for business startups, with a remarkable surge in small business establishments. WalletHub’s latest report highlights Orlando’s robust ecosystem, fostering the survival and growth of startups, buoyed by a high concentration of investors per capita.

2. Tampa Takes Second Place: Securing the second spot among large cities for business startups, Tampa boasts a favorable business environment attributed to its low corporate tax rates. The city’s ample investor presence further fortifies startups, providing essential resources for navigating the initial years of business operations.

3. Charlotte’s Diverse Industries: Claiming the third position, Charlotte stands out for its diverse industrial landscape and exceptionally low corporate taxes, enticing companies to reinvest capital. This conducive environment propels entrepreneurial endeavors, contributing to sustained economic growth.

4. Jacksonville’s Rising Profile: Jacksonville emerges as a promising destination for startups, bolstered by its favorable business climate. The city’s strategic positioning fosters entrepreneurial ventures, attracting aspiring business owners seeking growth opportunities.

5. Miami’s Entrepreneurial Hub: Miami solidifies its position as a thriving entrepreneurial hub, attracting businesses with its dynamic ecosystem and strategic location. The city’s vibrant startup culture and supportive infrastructure make it an appealing destination for ventures of all sizes.

6. Atlanta’s Economic Momentum: Atlanta’s ascent in the business startup landscape underscores its economic momentum and favorable business conditions. The city’s strategic advantages and conducive policies provide a fertile ground for entrepreneurial ventures to flourish.

7. Fort Worth’s Business-Friendly Environment: Fort Worth emerges as a prime destination for startups, offering a business-friendly environment characterized by low corporate taxes. The city’s supportive ecosystem and strategic initiatives facilitate the growth and success of new ventures.

8. Austin’s Innovation Hub: Austin cements its status as an innovation hub, attracting startups with its vibrant entrepreneurial community and progressive policies. The city’s robust infrastructure and access to capital foster a conducive environment for business growth and innovation.

9. Durham’s Emerging Entrepreneurship Scene: Durham’s burgeoning entrepreneurship scene positions it as a promising destination for startups, fueled by its supportive ecosystem and strategic initiatives. The city’s collaborative culture and access to resources contribute to the success of new ventures.

10. St. Petersburg’s Thriving Business Community: St. Petersburg rounds off the top 10 with its thriving business community and supportive ecosystem for startups. The city’s strategic advantages and favorable business climate make it an attractive destination for entrepreneurial endeavors.

Despite unprecedented challenges posed by the COVID-19 pandemic, the Great Resignation, and high inflation, these top Florida cities remain resilient and well-equipped to overcome obstacles, offering promising opportunities for business owners and entrepreneurs alike.


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European Startup Ecosystems Awash With Gulf Investment – Here Are Some Of The Top Investors

European Startup Ecosystem Getting Flooded With Gulf Investments

The Voice Of EU | In recent years, European entrepreneurs seeking capital infusion have widened their horizons beyond the traditional American investors, increasingly turning their gaze towards the lucrative investment landscape of the Gulf region. With substantial capital reservoirs nestled within sovereign wealth funds and corporate venture capital entities, Gulf nations have emerged as compelling investors for European startups and scaleups.

According to comprehensive data from Dealroom, the influx of investment from Gulf countries into European startups soared to a staggering $3 billion in 2023, marking a remarkable 5x surge from the $627 million recorded in 2018.

This substantial injection of capital, accounting for approximately 5% of the total funding raised in the region, underscores the growing prominence of Gulf investors in European markets.

Particularly noteworthy is the significant support extended to growth-stage companies, with over two-thirds of Gulf investments in 2023 being directed towards funding rounds exceeding $100 million. This influx of capital provides a welcome boost to European companies grappling with the challenge of securing well-capitalized investors locally.

Delving deeper into the landscape, Sifted has identified the most active Gulf investors in European startups over the past two years.

Leading the pack is Aramco Ventures, headquartered in Dhahran, Saudi Arabia. Bolstered by a substantial commitment, Aramco Ventures boasts a $1.5 billion sustainability fund, alongside an additional $4 billion allocated to its venture capital arm, positioning it as a formidable player with a total investment capacity of $7 billion by 2027. With a notable presence in 17 funding rounds, Aramco Ventures has strategically invested in ventures such as Carbon Clean Solutions and ANYbotics, aligning with its focus on businesses that offer strategic value.

Following closely is Mubadala Capital, headquartered in Abu Dhabi, UAE, with an impressive tally of 13 investments in European startups over the past two years. Backed by the sovereign wealth fund Mubadala Investment Company, Mubadala Capital’s diverse investment portfolio spans private equity, venture capital, and alternative solutions. Notable investments include Klarna, TIER, and Juni, reflecting its global investment strategy across various sectors.

Ventura Capital, based in Dubai, UAE, secured its position as a key player with nine investments in European startups. With a presence in Dubai, London, and Tokyo, Ventura Capital boasts an international network of limited partners and a sector-agnostic investment approach, contributing to its noteworthy investments in companies such as Coursera and Spotify.

Qatar Investment Authority, headquartered in Doha, Qatar, has made significant inroads into the European startup ecosystem with six notable investments. As the sovereign wealth fund of Qatar, QIA’s diversified portfolio spans private and public equity, infrastructure, and real estate, with strategic investments in tech startups across healthcare, consumer, and industrial sectors.

MetaVision Dubai, a newcomer to the scene, has swiftly garnered attention with six investments in European startups. Focusing on seed to Series A startups in the metaverse and Web3 space, MetaVision raised an undisclosed fund in 2022, affirming its commitment to emerging technologies and innovative ventures.

Investcorp, headquartered in Manama, Bahrain, has solidified its presence with six investments in European startups. With a focus on mid-sized B2B businesses, Investcorp’s diverse investment strategies encompass private equity, real estate, infrastructure, and credit management, contributing to its notable investments in companies such as Terra Quantum and TruKKer.

Chimera Capital, based in Abu Dhabi, UAE, rounds off the list with four strategic investments in European startups. As part of a prominent business conglomerate, Chimera Capital leverages its global reach and sector-agnostic approach to drive investments in ventures such as CMR Surgical and Neat Burger.

In conclusion, the burgeoning influx of capital from Gulf investors into European startups underscores the region’s growing appeal as a vibrant hub for innovation and entrepreneurship. With key players such as Aramco Ventures, Mubadala Capital, and Ventura Capital leading the charge, European startups are poised to benefit from the strategic investments and partnerships forged with Gulf investors, propelling them towards sustained growth and success in the global market landscape.


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