October 25, 2016
3 Bed terraced in Reddish with a potential yield of just over 7%
This property has recently come down in price and has fantastic buy to let potential.
Being located close to the only useable train station in Reddish is sure to be a pull for a lot of tenants and having 3 bedrooms will mean it could suite a young professional couple or a small family. Condition wise the property looks reasonable and should need little or no renovations to be fit for rental. Income wise you should be looking to achieve £625-£650 per calendar month which is just over a 7% yield. The property is on the market with Edward Mellor and can be found using this link.
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.