April 6, 2017
Reddish Road, South Reddish with a potential yield of 7%
A great investment opportunity that I would like to bring to your attention. The property recently came to the market with us and is definitely worth a look.
The property is located in the popular area South Reddish and should easily attract a tenant with its close proximity to Stockport and transport links.
The interior is well proportioned and modern 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-£650 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.
We have let a smaller property across the road for £475 per calendar month so £495-£525 would be more than achievable for this property giving you solid 7% return.
I offer free buy to let advice so don’t hesitate to come into the office for a chat. We’re on Gorton Road in Reddish!