August 14, 2017
Another 7.5% yield in Denton
As anyone keeping an eye on the property market will know house prices are climbing at a rapid rate which is making life more difficult for buy to let investors, not to mention the dreaded tax changes! Thankfully there are still a few good deals around and here is another one.
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 central location. These sort of houses are the bread and butter in Denton and always rent well. With a rental income of around £575 per calendar month you would get a yield of over 7.5% based on a purchase price of £89,950. The property is on the market with Your Move, 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 on 0161 443 4020.