(covering SK1, SK2 and SK3)

What a lovely spring morning to wake up to…. and good morning investors!

Good Morning Investors!  I hope my blog post today finds you well and that you are enjoying the lovely spring weather…

Today, I am bringing you a fantastic new development opportunity on Eryngo Street in Offerton.  The property is currently on the market with Purple Bricks, (who are an online agent) and they are advertising this fantastic 4 bedroom period cottage for £130,000.  It is located on a beautiful pedestrianised, cobbled street tucked away from the main road yet close to local amenities and the popular recreational space of Woodbank Park.   From the pictures online it looks as though the property has recently undergone a renovation, but I would definitely advise a viewing to check this!  That being said, I don’t believe that for an Investor looking to rent the property out any works would be required and I would expect the property to be able to achieve £725-£775 Per Calendar Month.  This would give a yield of 6.69% to 7.15% which is an amazing return!  Please find a link to this lovely house below…

If you would like any more information on this property, or if you would like me to arrange a viewing for you and carry it out on your behalf please do give me a call on 0161 474 8668.

http://www.rightmove.co.uk/property-for-sale/property-60032714.html

Gemma Lowe

View more posts from this author