Bridgfords estate agents have for sale a recently refurbished property on Southcliffe Road in South Reddish. The property is on the market for offers over £140,000 which seems to be an attractive price taking into consideration the location and also the level of works completed inside. From the images available on rightmove the only areas that may need looking at would appear to be the front and rear gardens. I think a rental figure of around £800pcm is very achievable and would provide a yield of just under 7% which is very attractive. I would expect a property like this to attract attention from people searching for a family home and also investors so best to register your interest as soon as possible.
Spencer Harvey estate agents have for sale on Wordsworth Road in Reddish a two bedroom, semi detached property on the market for £129,950. This property would make a fantastic development opportunity providing an option to either let or sell once completed. Inferred from the pictures available on rightmove the works required all seem to be cosmetic so shouldn’t amount to too much financially. I would expect the property to be worth a re sale value of £150,000 once finished and i would expect the property to let for around £650pcm, the yield achieved would be dependant on the amount of money spent on the refurbishment.
Situated on the very popular road Thornley Lane North, Purple Bricks have for sale this two bedroom terrace house. The property is on the market with a guide price of £125,000, from the photos i wouldn’t expect the property to require any works being done before it could be put on the rental market, however you may wish to neutralise the decor to appeal to a wider market. I would imagine a property like this would get snapped up fairly quickly for a price between £675pcm and £700pcm in turn providing a yield of between 6.48% – 6.72%.
On the market for £80,000 is a perfect investment opportunity for somebody searching for a low maintenance investment. Located in the modernised ‘Victoria Mill’ this one bedroom apartment requires very little work before coming to the market. Victoria Mill is a very popular development and you could expect to let the apartment swiftly for between £495pcm and £525pcm, after the service charge & ground rent has been paid you would receive a yield of between 7.05% and 6.6%.
Marketed by Edward Mellor for a guide price of £95,000 is this three bed semi on Fovant Crescent, the property is to be sold at auction on the 13th March 2018. Given the price & lack of internal photo’s i would imagine the property is need of some renovation works. The property is situated on a really popular road within Reddish and comes with a large rear garden. Once renovated properties similar to this one let between £675pcm – £725pcm depending on the final finish. I suspect this property will receive interest from both investors & people searching for a family home.
With savers continuing to receive poor returns from banks and building societies, thousands of people unsurprisingly continue to turn to residential property as a means of supplementing their income, supported by record-low mortgage borrowing rates, solid demand from tenants and stable yields, as buy-to-let consolidates itself as the investment of choice.
Situated on Sandbach Road in North Reddish this two bedroom terrace is ideal for an investor, the property is currently on the market for £120,000 and is ready for tenants to move straight into! this popular choice of property within the Reddish rental market would attract large amounts of attention and i would expect a swift let for £650pcm providing a yield of 6.5%. located in North Reddish this property offers easy access into the city centre and surrounding towns. For more information on this investment get in touch with Julian Wadden on 0161 443 4022.
Theo gives us his thoughts on this ideal BTL investment in #Reddish on Sandbach Road. For more details click the link… https://www.julianwadden.co.uk/property-details/27557242/stockport/south-reddish/sandbach-road
Edward Mellor have a great two bedroom end terrace on the market for £82,000 scheduled to be sold at auction on the 6th December. As per the photographs on Right Move it doesn’t appear to need any major refurbishments other than a light cosmetic touch up.
Devon Close, an ideal Buy to Let investment currently achieving a 6.5% yield! Give Theo a call for further details, 01614434022. https://www.julianwadden.co.uk/property-details/27356078/stockport/brinnington/devon-close
Guys, I want you to be the first to know of two new build properties due to launch to the property market soon. They are a pair of semi detached properties with four bedrooms each. Watch my video for more info and to understand how to register your interest.
We're on David Street in Reddish to give you a sneak look at a pair of 4 Bedroom new build properties soon to launch to the market. Register your interest and be one of the first to view. 01614434020 #Reddish #NewBuild