I have another great investment for you this week, and this one is quite unusual as it comes complete with all the furniture, so you literally just need a tenant to move straight in! The property is on Lowfield Road in Shaw Heath, Stockport which has great access to lots of local schools, is within walking distance to Edgeley Town Centre and to Stockport Train Station. The property is located on the top two floors of a terrace house and comprises of two double bedrooms on the first floor along with a contemporary bathroom, then on the second floor, the loft area has been converted into an open plan kitchen living area. The property is in a very good condition and would most definitely appeal to tenants looking to rent in the area. The property is on the market at £99,950 and would rent for between £625pcm and £675pcm which would give you a yield between 7.5% and 8.14%.
The property is on the market with us here at Julian Wadden Estate & Letting Agents, so please feel free to give us a call to arrange a viewing on 0161 474 8668 or if you would like any more advise on rental properties, investment opportunities or such like then please feel free to contact me on the number above or at firstname.lastname@example.org.
When I talk to Landlords generally they are looking for a property that has 2 bedrooms and is no more than £130,000. These types of properties typically rent out for £650pcm which gives a good return of around 6%, however it has turned into a little bit of a scramble to find these properties and when you do, there are numerous investors looking at them and at this price point they will probably receive multiple offers or will need a lot of work to get them to a lettings standard which can be stressful. So, this week I bring you something a little different from the standard 2 up, 2 down, but that would still give you a good return, but with no work! Sounds appealing, huh?
I have found this lovely, modern and well presented three bedroom semi-detached house, with driveway and front and rear lawned gardens in Cheadle Heath for £235,000. The property is stunning inside, and it has been extended at the rear to open up the back of the property and allow for a large open plan kitchen/dining and living area with french windows opening onto a manicured lawn, and there is another, private reception room to! On the first floor are two large double bedrooms and a smaller single bedroom making this property perfect for a family. And… what do we know about families? They tend to move to an area and rent LONG TERM. Which means that you can reduce what you pay me on an annual basis for the tenant find! Hehe!
This property is on Kenilworth Road, close to Abney Hall Park and I believe that it would rent our for £950pcm and it needs no work doing to it at all in order to rent it. This would give you a yeild of 4.8% which is not to be sniffed at. The property is on the market with Mitchell Williams so give them a call to arrange a viewing and if you want me to accompany you give me a call on 0161 474 8668.
I love to keep you up to date with properties on the market that I think would be great buy-to-let investment opportunities and this property on Stream Terrace is no exception. The property is immaculately presented throughout and it is in very good condition. It is available to purchase for £145,000 and I believe that it would rent for £725pcm. This would give you a yield of 6% which is very healthy.
I also think its a great opportunity as the property needs no work at all. It boasts two good sized double bedrooms (not one double and one single), a modern bathroom, a lovely open plan kitchen living area with a modern kitchen and french doors opening onto a well presented lawned garden with new fencing and a matching shed.
If you would like to view this property with us, then we have two slots that have opened up tomorrow for our open house, so do not hesitate give us a call on 0161 474 8668 and arrange a viewing.
I have another spectacular investment for you! This time in Lisburne Close in Offerton, Stockport, SK2. The property is immaculate throughout, has a modern kitchen and the owner has used a neutral colour pallate throughout to decorate the property, so there would be no work to do before the property was ready to be let out. The property is over three levels with two good sized double bedrooms on the top floor, a large bedroom, bathroom and reception room on the first floor and a large modern kitchen on the ground floor with WC. There is also a garage on the ground floor, which could in time be made into a reception room then the reception room on the first floor converted to a bedroom, making the property a fantastic 4 bedroom property with a fantastic yield!
As the property is at the moment, I believe that this could be rented out for £795pcm which would give you a yield of 6.36% as the asking price is £145k which is fantastic! With the works completed and the property being a 4 bedroom property in the future, the rent could be in the region of £875pcm which would be a yield of 7%… amazing!
For more information on this property or if you are looking for an investment property in the area then please do not hesitate to contact me on 0161 474 8668 or email me on email@example.com.
I have been speaking to my Landlords for a long time about investing in the residential area close to Portwood Roundabout, the M60 link and the Peel Centre. Why!? I hear you ask. Well, in this region the property prices have not gone through the roof like they have in Edgeley (SK3) so you can still find a two bedroom terrace in good condition for £120k, which you will no longer find in the Edgeley area. In terms of rental price you would still be looking at the same per calendar month, which means one thing and one thing only – a better yield; and lets be honest that is what a Landlord is looking for when thinking of purchasing a potential investment property!
So, here is another fantastic opportunity in Charlotte Street, SK1. The property has two very good sized double bedrooms on the first floor as the bathroom is downstairs on the ground floor. This is not something to be concerned about and will not put tenants off. The advantage to having the bathroom downstairs is that you have two equal sized, large, double bedrooms which a lot of tenants are actually looking for. Also on the ground floor are two reception rooms, a kitchen, the bathroom as mentioned and then access out onto a garden at the rear.
The property does look as though it needs some cosmetic improvements and one thing I have noted is that it looks as though it requires new carpets throughout. With this in mind and a potential rental income of £650pcm this would give you a healthy yield of 6.5% which is excellent!
For more information on this property or if you are looking for a property in the area and would like some assistance in finding it then do give me a call on 0161 474 8668 or email me at firstname.lastname@example.org.
Over the next few weeks I am going to be taking you on tour around a property on Charlotte Street in Stockport in a ‘Homes Under the Hammer’ style video. I have worked with these investors to source this property which was on the market with us for £125,000 and now that the sale is complete we are looking at refurbishing the property to get it ready for lettings and getting the Landlords the best yield possible. I will be keeping you up-to-date with the progress we are making, so stay tuned!
For more information on this property, or if you are looking for an investment opportunity too then give me a call on 0161 474 8668 – Gemma Lowe, Lettings Manager, Stockport Exchange
Over the next few weeks I am going to be taking you on tour around a property on Charlotte Street in Stockport in a 'Homes Under the Hammer' style video. I have worked with these investors to source this property which was on the market with us for £125,000 and now that the sale is complete we are looking at refurbishing the property to get it ready for lettings and getting the Landlords the best yield possible. I will be keeping you up-to-date with the progress we are making, so stay tuned! For more information on this property, or if you are looking for an investment opportunity too then give me a call on 0161 474 8668 – Gemma Lowe, Lettings Manager, Stockport Exchange
I love working as an Estate Agent and finding properties for my Landlords which are great investment opportunities and today is another one of those days where I have stumbled upon something I would love to share with you…
Throughout my career I have always found (without exception) that an ex-council property rents well because the bedroom sizes are always fit for purpose – sometimes unlike a property which has been converted into 2 or 3 bedrooms and perhaps the room sizes are smaller than usual due to this. This is something that you don’t find in an ex-council property where all the rooms are appropriate sizes as they are purpose built properties. So without further ado, I introduce Knowsley Crescent, which is an ex-council, three bedroom property. The property is on the market with Ian Tongue and appears (from the pictures) to be in very good condition and therefore requiring little/no work to get it ready for Letting. If you have a look at the floor plan you will see that firstly the bedroom sizes are all very good and it will work well as a three bed. That on the first floor, the lounge/kitchen configuration is very nice and I am sure you will agree having a separate kitchen and a lovely large, bright living space is always appealing. Now, this property would rent for £75pcm to £825pcm in its current condition giving you a 4.9% to 5.2% yield… BUT hold your horses! I have an idea.
From the floor plan, you will see that the ground floor is predominantly a garage, with a small reception room at the back which then leads onto the garden. I think that this is where, in time you could add even more value. If this garage space was converted into a 4th bedroom then this would increase the yield further and would potentially let for £850pcm to £925pcm. This is where you see a great yield to up to 5.8% which is much better!
If you have any questions about this property or if you would like me to assist you on finding your next investment then please do contact me on 0161 474 8668 or email email@example.com and I would be happy to help you!
I hope you are all well and are getting ready for Spring coming? I have seen a few snowdrops whilst I have been out walking over the weekend, so I have a spring in my step today as Spring is most definitely one of my favorite seasons.
So, with spring on the horizon and my new found cheer I decided to scour the market for a new investment deal for you all and I have come up with the goods! I have found this lovely two double bedroom mid-terraced property in Stockport, SK1 so close to the Peel Centre and the Portwood Roundabout (making it very easy to access the M60 ring road) on Charlotte Street.
The property is available with Peter Anthony Estate Agents and is on the market at £119,950. The property is in a great condition (from what I can see on the pictures) and looks as though it would require no work at all in order to house a tenant – the kitchen and bathroom both seem in good condition, clean and modern! I believe a property like this should rent for £650pcm which would give you a yield of 6.5% which is a really good yeild and no money would need to be spent on the property so you would be able to get an income straight away.
For more information on this property or other buy-to-let investment opportunities, please do feel free to give me a call on 0161 474 8668.
A beautifully presented two double bedroom mid-terrace house available to rent from 20th March 2017. The property is located on Dawson Street in a lovely, quiet residential areas just off the main road of Carrington Road, which provides easy access to the M60. The property boasts two large reception rooms on the ground floor, with numerous period features, including a stunning fireplace surround and original period wooden flooring. One of the reception rooms is currently set up as a dining room and beyond this is a modern, country style kitchen complete with a built in fridge and underlighting. On the first floor is a large master bedroom and smaller second bedroom which still easily fits a double bed – perfect for guests or for a couple expecting their first child. The bathroom includes a three piece bathroom suite with shower over the bath and additional built in storage. The property is presented immaculately as the Landlord is currently living in the property, which means that the finish is perfect and to the rear of the property is a private garden which is paved, making it low maintenance but perfect for a BBQ in the summer. This property will be very desirable so please call us for a viewing. The property will be available to rent on an unfurnished basis, but unfortunately does not accept DSS applicants or Pets.
Call Gemma in Stockport Exchange to arrange a viewing on 0161 474 8668.
A very well presented, two double bedroom terraced house to rent with lovely period features on Dawson Street, SK1 for £650pcm. Call Gemma on 0161 474 8668 to arrange a viewing!https://www.julianwadden.co.uk/property-details/26810476/cheshire/stockport/dawson-street?page=1&instruction_type=Letting&address_keyword=sk1&property_type=&furnishing=&minprice=&maxprice=&showstc=on
A beautiful, well presented, period, three bedroom semi detached house to rent on Vicarage Road in Cale Green, Stockport. The property is available immediately and is located in the heart of Cale Green, close to Cale Green park and within walking distance to Davenport Train Station with direct links to Manchester Piccadilly Station. The property is extremely well presented throughout with a large entrance hall, large, contemporary living room, second reception room/dining room and a large separate kitchen complete with all appliances on the ground floor. On the first floor is a large master bedroom with built in wardrobes and a further double bedroom and single bedroom which would make a perfect study! There is also a modern three piece bathroom suite on the first floor of the property which is in great condition. At the rear of the property is a lovely private garden which also benefits from an off-road parking space. The property really must be viewed to be believed as it is an exceptional property and it is offered on a part furnished basis. Unfortunately this Landlord cannot accept any tenants with pets or in receipt of housing benefits.
A beautiful three bedroom semi-detached house to rent on Vicarage Road in Cale Green in Stockport for £800pcm. The property is available now, so call me on 0161 474 8668 to book a viewing! http://www.rightmove.co.uk/property-to-rent/property-63841621.html