April 20, 2018
buy to let in sought after location
Edward Mellor Estate Agents have for sale a two bedroom mid terrace property on the market for £115,000. The property situated on the very popular Longford Road in Reddish only launched to the market yesterday (20/04/2018) so i would recommend expressing interest sooner rather than later.
The link to the rightmove advert is below so you can take a look at the album of photos & over view the description. A property of this size and in this location i suspect would let for somewhere in the region of £650pcm. From the photos i would say you could have a tenant move straight in however you may wish to spend a small amount of money on the property to modernise in areas.
If purchased for the price of £115,000 & let for £650 pcm you would generate a yield of 6.78% which is great. To book in for a viewing give Edward Mellor’s Gorton branch a call and if you would like any further advice on buy to let properties in SK5 give me a call on; 0161 443 4022.