October 18, 2016
2 Bed terraced on Litchfield avenue with a potential yield of just under 7%
This property recently came to the market and grabbed my interest so I decided to feature it in today’s blog.
Looking through the pictures on rightmove the property looks in pretty good shape and should require little or no work to be “lettable”. The location is fantastic being in the centre of Reddish close to Schools and transport links.
Assuming you paid £100,000 for the property and with a rental income of £575 per calendar month this would give you a return of 6.9%. The property is on the market with Bridgfords, 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.