May 5, 2017
Dumbarton Road, Reddish with a potential yield of over 6%
I came across this 3 bed property whilst browsing Rightmove this morning and thought it was worth a mention for anyone looking for an investment.
The property looks as though it has recently undergone full modernisation and would be ideal for a first time investor. The property is located in the ever popular South Reddish which will be a draw for potential tenants.
This property should easily achieve a rental income of around £675 per calendar month but could go for as much as £695 per calendar month. This would see a yield of 6%-6.5% which is a good solid investment considering there is no work required.
If you would like any further advice on rental investments in the area then please visit our branch in the centre of Reddish or give us a call on 0161 443 4020.
The property is on the market with Phillip James and can be found on Rightmove using the below link.