(covering reddish, dane bank, denton, debdale and gorton)

Month: September 2016

Wallwork Street, Reddish with a potential yield of over 6.5%

I saw this property come to market today and thought it was worth putting it out there for all you landlords and potential landlords.

This house would make a fantastic first time investment for anyone considering getting in to the property market and would also be a good addition to any landlord’s portfolio. The property looks in good condition and is in a good location. These sort of houses are the bread and butter in Reddish and always rent well. We have let properties on this street in the past and with a rental income of around £575 per calendar month which would give a yield of over 6.5%. The property is on the market with Ian Tonge, click on the below link for more information.

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Gorton Road, Reddish with a potential yield of over 7%

This property came to the market and immediately screamed buy to let investment. We have sold and Let two similar properties close to this one and they have only taken a week or so to find tenants for.

The property looks to be in fair condition and is only a short stroll to North Reddish train station putting it in an ideal location for any young professionals that commute in to the city centre. This property should return a rental income of up to £575 per calendar month which is over a 7% yield. The property is on the market with Edward Mellor and can be found using the link below.

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3 bed semi on Dumbarton Road with a potential yield of 8%

This 3 bed semi got my attention when it came to the market today so I decided to let you know about it.

These properties rent out easily and we have recently let one on this street for £675 per calendar month. The property is on the market for £100,000 and would give a massive return of over 8% which is well above the area average of 6%.

To date there are no internal pictures so I can only assume it is in need of substantial modernisation or repair but if you’re an experienced investor this shouldn’t be a problem. The property is being marketed by Phillip James and can be fund using this link.

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