I am always looking for investment properties for my investors and today I have found a great property for you all! This property is located in Offerton, so the postcode is an SK2 postcode which I don’t often get the chance to write about as its quite rare to find a great investment in the Offerton area as house prices tend to be a little higher in SK2 than SK1 and SK3 where investment properties are a plenty! Therefore, its tricky to get the yield an investor wants in SK2.
However I have found something for you… so back to this great find on Norcross Close! The property is a three bedroom quasi semi which is in good condition. The property benefits from a spacious kitchen allowing for a dining area and also a large living room and utility room on the first floor. As per the image in this article the kitchen looks modern and has a nice neutral colour scheme – requiring little/no work. At the rear of the property is a large lawned garden – perfect for summer BBQ’s! It boasts three good sized double bedrooms on the first floor (which is a rare find) however I think from looking at the images that the property is in need of a little modernisation throughout in terms of the paint colours and bathroom tiling. Changing this to neutral colours would allow for a more modern look and feel and would attract more viewers and hopefully allowing us to achieve a better rental price for you!
The best thing about this property is the price! It is currently on the market for sale with Bridgfords Hazel Grove at £120,000 which is a great deal! I believe that after a small renovation (about £2,000 would need to be spent) that the property would rent for between £700pcm and £750pcm which would give you a yield of 7-7.5% which is fantastic!
If you want to book a viewing or if you have any questions about investing in a rental property in Stockport please contact me on 0161 474 8668.
I would like to bring to your attention this fantastic property that has just been brought to the market. It is a two double bedroom mid-terrace property, located within walking distance of Stockport Town Centre.
The property is ideal for a BUY-TO-LET investment. On at a Guide Price of £135,000, we estimate a monthly rental return of £695 which, based on the Guide Price, creates a yield of 6.18%.
We are hosting an OPEN HOUSE on Saturday 28th October. All attendees must book in, so call us now on 0161 474 8660 to secure your spot!
Here is a tour of one of the *5* two bedroom apartments we have available in Edward House on Edward Street in Stockport Town Centre. Call me on 0161 474 8668 to book a viewing! Link to the Two Bedroom Apartment on Rightmove: http://www.rightmove.co.uk/property-to-rent/property-62301268.html
Here is a tour of one of the *10* one bedroom apartments we have available in Edward House on Edward Street in Stockport Town Centre. Call me on 0161 474 8668 to book a viewing! Link to the One Bedroom Apartment on Rightmove: http://www.rightmove.co.uk/property-…/property-62313025.html
We have just brought to the market a fantastic two bedroom apartment in the much sought after Wellington Mill on the A6 close to Stockport Town Centre. The property is right in the heart of the town which means that both the transport links and amenities are right on the doorstep – the location is excellent! The property is also extremely well proportioned with a large entrance hall with ample storage cupboards, a large open plan kitchen living area with high ceilings and floor to ceiling mill style windows – allowing the apartment to be bright and sunny. There are also two good sized double bedrooms which makes the property perfect for sharers or for a professional couple – increasing the rental opportunities once the investment has been purchased.
The Mill is located next to the Hat Works Museum which is a famous landmark in Stockport and it is a great day out for visiting family and friends! There are also certain features within the building that gives the property a unique and eclectic feel such as the stair well with exposed brick and the mill style windows (as mentioned previously).
The property is currently on the market for £110,000 and would rent out to suitable tenants for between £650pcm and £695pcm which would give you a yield of 7% to 7.5% – an incredible return. The property is currently tenanted, but the tenants will be moving out in line with the completion of the sale therefore, new tenants will need to be found for the property.
To arrange a viewing please give us a call in the office on 0161 474 8668 or for any more investment advice please do feel free to call or email me on firstname.lastname@example.org.
I am really excited to tell you about this beautiful two double bedroom mid-terrace property in the heart of Edgeley, that we think would make an incredible buy-to-let opportunity. The property is located on a quiet and popular road close to all the fantastic local amenities that Edgeley has to offer! For those of you that dont know Edgeley to well it is a fantastic location for a buy-to-let investment as it is a lovely residential area with many good schools (making it a perfect area for families), churches (giving the area a community feel) and it is within a very close proximity to the new, modernised Stockport train station. From Stockport station you can get to London in 1 hour and 51 minutes! Just incredible!
The property offers an open plan kitchen/living room and a large lawned garden to the rear. The first floor boasts two large double bedrooms and a modern three piece bathroom suite. This is a great find as the property is in impecable condition as it is currently owner occupied and the vendor has decorated and furnished the propertyto an extremely high standard throughout. We are confident that bringing this property to the market to rent at a maxium price for the area would still allow for a very speedy let, to good quality, working professionals.
Ok, so now I have told you all of the important Estate Agent blurb and I have of course sold it to you, let’s see how the figures stack up!
On the market at £145,000
Let out at £695pcm to £725pcm
Giving you a yield of 5.2% to 5.8%
The amount you would need to spend to get it up to a good enough standard to rent out = £0
I cannot wait to hear from you to book in a viewing! I can already hear the phones ringing! In actual fact, we are going to be holding an open house at the property tomorrow (7th October 2017), so please call us on the office on 0161 474 8660 to join us there!
I hope you are all well I have a fantastic new investment for you today on Marhill Close in Offerton. The property boasts three good sized double bedrooms as well as a large three peice bathroom suite and a large reception room on the ground floor with an eat-in kitchen. I think that this property would be a great investment as it needs little/no work. It may be that some of the colour choices are not to your taste, so you may want to spend a little bit of money on repainting the property and from the pictures I can see, I think you may want to look at re-sealing the bath – but other than that, the property looks to be ready to rent!
The property is on the market for sale with Edward Mellor, Hazel Grove for £125,000 and I believe that it should rent out very comfortably for between £700 – £750pcm which would see you achieving a yield of between 6.72% and 7.2% which is pretty fantastic!
If you would like me to assist you with any investment opportunities or have any properties in mind that you would like us to assertain the yield for, please do not hestitate to be in touch with me on 0161 474 8668.
This week we have been instructed on yet another fantastic buy-to-let investment… they are quite literally flooding in! This time it is on Stream Terrace, which is a lovely cul-de-sac in the Offerton area. The property is close to the Portwood Road roundabout, so it offers great transport links onto the M60 and connecting motorways. This makes this area particularly popular with tenants as does The Peel centre, with numerous high street stores!
The property is currently owner occupied, which I think is also evident just from looking at the pictures of the property as it is in immaculate condition and the decor is really beautiful. The vendors have obviously taken a lot of care over the property and put a lot of money into its rennovation. The property boasts a large kitchen/reception room, complete with dining area, as the whole of the downstairs has been opened up making it light, bright and spacious. There is a large private, lawned garden to the rear of the property which is accessed through french doors. On the first floor are two large double bedrooms and a large modern bathroom.
This property would make a fantastic buy-to -let investment for sure! It is currently on the market to be sold for £139,950 and we believe that we could easily find you a tenant who would be looking to pay in the range of £695pcm and £725pcm, which would give you a yield of 5.96% to 6.22%. If you would like any lettings or property advice then please do call me on 0161 474 8668 as I would love to be able to help you!
I have another great development opportunity for you in Stockport Centre… Located on the A6 near to Stockport College and St Christopher House, the property is perfectly possitioned for commuters in to the City centre, Stepping Hill Hospital workers, and Stockport College employees. The property is being marketed by Impey & Company with a Guide Price of £390,000. It currently has planning in place for 2x two bedroom, 2x one bedroom, and 5x studio apartments!
You can make enquiries and download full property details here.
If you would like to discuss the potential of the development, plus end Sales and Rental values then I would be delighted to speak with you, on 0161 474 8660 or at email@example.com
I hope you are all well and enjoying the sunshine this Friday afternoon.
I am very sorry for my awful pun above – chat to you about Chatham Street – but I do genuinely want to steal a moment of your time to talk to you about yet another fantastic investment property that we have just taken on the market for sale in Edgeley. The property is currently rented out and the tenant is paying below market value of £565pcm for this lovely two double bedroom terraced house. The rent could be much higher here, as the property is in good condition, has a very large open plan reception room and dining room which has lovely exposed floor boards. To the rear of the property and in an extension is a large, modern kitchen through which there is access to a huge yard! On the first floor, the layout has provided two large double bedrooms as the kitchen extension is carried up to the first floor of the property which has allowed for a separate, large and contemporary bathroom to be provided, off an open and spacious hallway.
I believe that in the current lettings market this property should be achieving £650pcm to £675pcm which would make any investor a healthy yield of 5.57% to 5.79% if purchased in line with the asking price of £139,950. This property is also extremely beneficial as in terms of the decor it needs absolutely no work. Its a total win, win, win…. and even better… I know for sure that I would be able to rent this to fantastic working professional tenants!
If you would like to discuss this property with me in more detail, or if you would like to book a viewing on the property or prehaps even just to know more about investing in rental properties in Stockport, please give me a call directly on 0161 474 8668, my name is Gemma Lowe and I am the Lettings Manager here at Julian Wadden Stockport Exchange.