October 28, 2016
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.
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.