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

Month: July 2017

2 Bed Terraced on Bowden Street in Denton with a yield of over 7.6%

If you have seen my most recent video blog you will know that I feel Denton is the next prime buy to let area and this is a prime example. Prices are continuing to increase in the area and its becoming increasingly more difficult to find good buy to lets for around 100k or less especially in Reddish but there are still some good deals to be had in Denton.

This property on Bowden Street is on the market at £90,000. It has 2 bedrooms and looks as though it could be rented out straight away. The rental value would be around £575 per calendar month giving a rental yield of over 7.6% .  The property is on the market with space 4 living and can be viewed by clicking on the below link.

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What does the future hold for house prices in Reddish?

There have probably never been more factors at play in the UK property market than there are right now. The national market is pausing for breath as it reaches the end of the cycle which started with the credit crunch. 2016 saw stamp duty changes as well as the Brexit vote, and the impact is very much still being felt. The result of the election has added to the uncertainty surrounding the economy.

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