September 5, 2017
2 Bed Terraced House with a yield of 6.5%
When this property came available I immediately thought “buy to let” and decided it was worth letting you know about its potential.
As prices continue to increase in the area it’s getting increasingly more difficult to find good buy to let properties for around 100k. This house looks ready to let should achieve £575 per calendar month. The house is located in Gorton close to the Reddish boarder. For anyone considering getting in to the buy to let market this would be a good choice. We have let similar 2 bed properties in this area in the past with rental incomes of £550-£625 per calendar month. At £575 per calendar month you would see a yield of over 6.5%. The property is on the market with Your Move, 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.