June 21, 2017
I decided that this week I would like to bring you a beautiful investment, something that is completely done up and ready to go on the market immediately. It is quite rare to find a perfect property, that needs no work at all, but when you do find one it is extremely exciting! I am also constantly hearing from buyers/investors that they want something where they need to do no work at all and will just be able to find a tenant immediately. This is fine… but it does mean that your yield will have to take a little bit of a hit. After all, when talking about property compromise is everything.
Without further ado I would like to introduce a stunning three bedroom mid-terraced house on Glebe Street that is in phenomenal condition. The property has come to the market with Snapes Estate Agents for the fantastic, and very fair price of £155,000. It has three double bedrooms, a stunning bathroom with a roll-top bath, a very modern dining room and kitchen and a large beautifully paved garden. I believe that this property would rent out for £775pcm in its current condition, with no works required at all. This would net you a very healthy yield of 6% and I am sure that you would have people queuing up to rent this property at this price.
I shall let you have a look at the pictures, following the Rightmove Link below, but if you have any queries or questions please do feel free to contact me in the Julian Wadden Stockport Exchange Branch on 0161 474 8668 or firstname.lastname@example.org.