I thought id give you my opinion on this property which has just launched to the market in Reddish which would be an ideal purchase for any buy to let investor. Click the link for further details or contact me on; 0161 443 4022
Theo gives us his thoughts on this ideal Buy to Let investment in #Reddish. Call him on 01614434020 for further details or follow the link… https://www.julianwadden.co.uk/property-details/27331631/stockport/reddish/wilton-street
Hatched.co.uk have bought to market this spacious two bedroom mid terrace property in the center of Denton. Denton is a great location for many young families and working professionals alike, but also for investment opportunities and this property is located in the heart of Denton next to Victoria Park.
Saw this one the other day. Currently on the market with Edward Mellor for £87,950, this empty property is ideal for the first time landlord. It is close to Gorton & Reddish, making it very popular for commuters into the city centre. This would rent out for approx £550 PCM based on the assumption the property is in a good condition.
When this property came available I immediately thought “buy to let” and decided it was worth letting you know about its potential.
As prices continue to increase in the area it’s getting increasingly more difficult to find good buy to let properties for around 100k. This house looks ready to let should achieve £575 per calendar month. The house is located in Gorton close to the Reddish boarder. For anyone considering getting in to the buy to let market this would be a good choice. We have let similar 2 bed properties in this area in the past with rental incomes of £550-£625 per calendar month. At £575 per calendar month you would see a yield of over 6.5%. The property is on the market with Your Move, click on the below link for more information.
This 3 bed property has recently come available and has the potential to be a very good buy to let investment.
The property does have a couple of drawbacks in the sense that there is no off road parking and the yield isn’t going to break any records but the décor looks to be a good standard and shouldn’t need any work.
With this property none of the drawbacks outweigh the benefits, for example the house is located on Greg Street in South Reddish which is an extremely popular area, the price is £150,000 which is fair for 3 bedrooms. The property would easily see a rental income of £700 per calendar month giving more than a 5% yield.
The property is on the market with Edward Mellor and can be found on Rightmove using the below link.
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.
This property was recently reduced and caught my eye as a decent buy to let so I decided to feature it in today’s blog.
The property seems to be in good condition and should need little or no work to be ready for any potential tenant, location is also good being in the centre of Denton. We have let similar properties in this area and never had any issues finding tenants or getting reasonable rents.
With a purchase price of £89,000 and a conservative rental income of £550 per calendar month would give you a yield of just over 7.4%. The property is on the market with Your Move, click on the below link for more information.
I recently saw this property while browsing the portals and thought it was worth a mention.
This house looks as though it might require some work which will eat in to your yield but you should still be able to comfortably achieve 6-6.5% . The property is priced at £99,950 and would command a rental income of around £595 per calendar month giving a yield of over 7%. Please click on the link below for more information.
A great investment opportunity which has recently been reduced. It is located in South Reddish and should easily attract a tenant with its close proximity to Stockport and transport links.
The property is modern inside and well proportioned throughout. Having only 1 bedroom will restrict the applicants to couples or singles but with rent for a 2 bed terrace currently anywhere from £575-£675 the price alone would attract plenty of interest. The property is being advertised by ourselves and the details can be found on Rightmove using the below link.
Check out this sneak preview of a property due to come to the market at a guide price of £115,000. Currently being let out as a house share there is potential to convert back in to a family home. Complete refurbishment required!
Give my office a call for further details; 0161 443 4020
A sneak peek of this property in Levenshulme with fantastic potential