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

Alderley Road, Reddish with a potential yield of over 6%

This property came to the market today and although in need of some updating should still make a sound investment.

The property’s condition means that the buyer could be faced with spending around £10,000 to bring the house up to date but once fully refurbished the property should rent for around £650 per calendar month which is still a 6% yield based on a total outlay of £130,000. The property is on the market with Phillip James and can be found using the below link.

http://www.rightmove.co.uk/property-for-sale/property-41829672.html

If you would like any further advice on rental investments in the area then please visit our branch in the center of Reddish or give us a call.

Hassan Mahmood

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