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

Wallwork Street, Reddish with a potential yield of over 6.5%

I have featured this property in a previous property blog and thought I would make you all aware that it has come available again.

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 location. These sort of houses are the bread and butter in Reddish and always rent well. We have let properties on this street in the past and with a rental income of around £575 per calendar month which would give a yield of over 6.5% based as a purchase price of £103,000. The property has recently changed agents and is now on the market with Phillip James, click on the below link for more information.

http://www.rightmove.co.uk/property-for-sale/property-45119259.html

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.

Hassan Mahmood

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