May 11, 2018
development opportunity in a popular reddish location
Philip James Wilson Estate Agents based in Heaton Moor have for sale a three bedroom semi-detached house with a guide price of £169,950.The property is located on Marland Crescent, a sought after road in Reddish. Its clear from the photos in the advert and also from the description you are going to need to spend some time and money refurbishing the property and generally modernising throughout.
Once up to standard you would have the option to let the property out, most likely attracting a family looking for a long term rental. I would imagine a property in this location & of this size would achieve around £850.00 pcm.
On the other hand, i believe there would be the option to re-sell the property once the refurbishment had been completed. Totally depending on the final finish you could expect to achieve up to £210,000.
If you would like to talk further about this potential development give me a call on 0161 443 4022.