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

development opportunity in central reddish location

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.

If you would like to discuss this opportunity further, or if you would like any advice on other investments you have spotted in SK5 please feel free to get in touch with myself; 0161 443 4022.

http://www.rightmove.co.uk/property-for-sale/property-71274152.html

Theo Perkin

I am passionate about property and am fascinated by the ever changing lettings market in SK5. If you have any questions about letting, current rental returns and yields, legal changes for landlords or anything else BTL related I would love to have a chat.

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