July 21, 2017
2 Bed terrace in denton with a yield of up to 8%
This property was recently reduced and caught my eye as a decent buy to let so I decided to feature it in today’s blog.
The property seems to be in good condition and should need little or no work to be ready for any potential tenant, location is also good being in the centre of Denton. We have let similar properties in this area and never had any issues finding tenants or getting reasonable rents.
With a purchase price of £85,000 and rental income of £550-575 per calendar month this would give you a return of 7.76% – 8.12%. The property is on the market with Phillip James, click on the below link for more information.
If you would like any further advice on rental investments in the area, then please visit our branch in the centre of Reddish or give us a call.