This property recently came to the market and grabbed my interest so I decided to feature it in today’s blog.
Looking through the pictures on rightmove the property looks in pretty good shape and should require little or no work to be “lettable”. The location is fantastic being in the centre of Reddish close to Schools and transport links.
Assuming you paid £100,000 for the property and with a rental income of £575 per calendar month this would give you a return of 6.9%. The property is on the market with Bridgfords, click on the below link for more information.
A purpose built apartment which would make a perfect starter property for any budding investors, located in the centre of Stockport.
The reason this apartment is such a good buy is due to its simplicity, its cheap, modern and low maintenance. Combine that with a yield of over 7.5% and you have got a recipe for a fantastic investment. There is also a lot of scope for the value of both rental and sales to increase significantly with the impending development of Stockport exchange and Redrock which will bring a lot of business and employment to the area.
In the last 12 months alone we have seen rental prices for similar 1 bed apartments rise by as much as £75 per calendar month. This property in particular should rent for around £495-£525 per calendar month which would be a yield of over 7.5%. Service charges and ground rent need to be taken in to consideration but accounting for an average charge of around £80 a month you would still be achieving a yield of up to 6.5%. The property is being marketed by ourselves and the details can be found on Rightmove using this link.
I saw this property come to the market recently and thought it was worth putting it out there for all you potential landlords and investors.
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 £650-£675 per calendar month which would give a yield of up to 6%. There are better yields to be had in the area but this property is all about the capital growth!
The property is on the market with Phillip James, click on the below link for more information.
This property has just come down in price and offers fantastic buy to let potential.
Being located close to the local train station is sure to be a pull for a lot of tenants and having 3 bedrooms will mean it could suit a young professional couple or a small family. Condition wise the property looks in pretty good order but could do with having the walk in shower replaced with a bath. Rental income should be around £625-£650 per calendar month which is over a 7.5% yield. The property is on the market with Sanderson James and can be found using this link.
This 2 bed semi got my attention when the asking price was recently reduced.
This property is a good size two bed with plenty of outside space which would be ideal for tenants with small families, it is also right in the centre of reddish which makes it ideally placed for local schools and transport links. The property should easily command a rental income of £600+ Per calendar month giving a return of 6%-6.5%
The property is on the market with Main & Main in Cheadle and can be found using this link.
I saw this property come to market today and thought it was worth putting it out there for all you landlords and potential landlords.
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%. The property is on the market with Ian Tonge, click on the below link for more information.
This property came to the market and immediately screamed buy to let investment. We have sold and Let two similar properties close to this one and they have only taken a week or so to find tenants for.
The property looks to be in fair condition and is only a short stroll to North Reddish train station putting it in an ideal location for any young professionals that commute in to the city centre. This property should return a rental income of up to £575 per calendar month which is over a 7% yield. The property is on the market with Edward Mellor and can be found using the link below.
This 3 bed semi got my attention when it came to the market today so I decided to let you know about it.
These properties rent out easily and we have recently let one on this street for £675 per calendar month. The property is on the market for £100,000 and would give a massive return of over 8% which is well above the area average of 6%.
To date there are no internal pictures so I can only assume it is in need of substantial modernisation or repair but if you’re an experienced investor this shouldn’t be a problem. The property is being marketed by Phillip James and can be fund using this link.
Take a look at this fantastic opportunity to purchase a refurbished three bed property on Wilton Street in Reddish. On the market for £127,500 this property would expect to achieve £650 per calendar month.