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

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.

http://www.rightmove.co.uk/property-for-sale/property-61221442.html

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.

Hassan Mahmood

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