This property is new to the market and came online just a few days ago. The two bedroom semi-detached house needs a full program of refurbishment however it is priced to reflect this.
Once renovated, you could look to receive a rental figure of around £650.00 per calendar month, which is a project yield of over 8% on the initial purchase price. Taking into account the cost to renovate, you would still expect a yield of well over 6%.
The property is on the market with Spencer Harvey and can be found on Rightmove HERE.
If you would like any advice or to talk further about buy to let investments give me a call on 0161 443 4022.