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

buy to let investment with a tenant in situ

Julian Wadden have for sale a fantastic buy to let investment and it’s suitable for all Landlords, whether your searching for your first buy to let or want to acquire another for your portfolio this would be ideal.

The property is based on Bangor Street in South Reddish so a popular location, it’s a mid terrace property with two double bedrooms so it would be attractive to prospective tenants.

The property does have a tenant in situ until April 2019, the current rent is £595 pcm which would provide a yield of 6.21% if purchased for the guide price of £115,000. However, i would think in the summer of 2019 after some neutralisation you would be able to advertise the property with a guide price of £625 pcm providing a yield of 6.52%.

I have added a link to the Rightmove advert below, if you would like to talk further about this investment give me a call on; 0161 443 4022.

https://www.rightmove.co.uk/property-for-sale/property-57666411.html

Theo Perkin

I am passionate about property and am fascinated by the ever changing lettings market in SK5. If you have any questions about letting, current rental returns and yields, legal changes for landlords or anything else BTL related I would love to have a chat.

View more posts from this author