November 5, 2018
affordable buy to let
Sanderson James Estate Agents based in Gorton have for sale a two bedroom, mid terrace property situated on Reddish Lane, Gorton. The property came to the market on 01/11/2018 with a guide price of just £90,000.
Based on the photos available on the Rightmove advert the property appears to be in a good condition and looks as if it could be put on the rental market straight away. Although this property is on Reddish Lane, it falls on the border of Reddish/Gorton and has an M18 postcode.
I think you would achieve a rental figure of £575 pcm giving a yield of 7.7% if purchased for the guide price of £90,000.
If you would like to talk further about buy to let investments give me a call on; 0161 443 4022.