ideal buy to let in a great location

A two bedroom mid terrace launched to the market earlier this week with a guide price of £125,000. Located in Cale Green in-between Stockport & Davenport train station this property would be in a perfect location for prospective tenants.

I’ve linked the Rightmove advert here so you can take a look at the full advert. According to the description the property has cellars below which is always a plus as its useful storage for tenants but also offers the opportunity to add value to the property by turning it into a usable space (if it isn’t already)

I would give a rental valuation of £700 pcm which would give you a rental yield of 6.72% if purchased for the guide price of £125,000 which is great. Give me a call on; 0161 474 8668 if you’d like to discuss buy to let opportunities further.

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Garden Safety: Toxic Plants and Other Hazards in your own Backyard

There is nothing better than having a safe and secure backyard that you can let your dog enjoy. Whilst it should never replace daily walks, it is great to allow your dog extra fresh air, an area for going to the toilet outside of walk times, an outdoor but secure space for training and it can provide them with extra enrichment.

To make sure that your dog can make the most of this space and to save you from worrying too much, especially if your dog is a notorious destroyer, it is important to doggy proof your backyard before you allow your dog access.

Read the full article courtesy of Jen Reviews and Your Dog Adviser , here

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Travis Brow link road is now partially open

The new link road running from Travis Brown to the A6 is now partially open. The Council, however, have stressed that there may still be temporary disruptions as the finishing touches to the construction works take place.

For the latest on road works, road closures and diversions you can visit https://goo.gl/7SG6cm

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BIGGEST CHALLENGES FACING THE HOUSING MARKET AT PRESENT

  • With just days to go before the UK was expected to leave the EU, we seem no closer to a solution than when Article 50 was triggered almost two years ago. It is little wonder therefore, that uncertainty is expected to continue to impact the housing market.
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ONE IN TWELVE LANDLORDS UNAWARE OF LEGISLATIVE CHANGES

  • One in twelve landlords is unaware of a suite of legislative changes that occurred across the lettings industry in recent years, according to the findings of the English Private Landlord Survey 2018 published in January.
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Market overview of the North West shows the strength of the Stockport housing market

A recent market overview of the key areas within the North West show just how much strength Stockport holds.

On average, Stockport is the highest priced residential location (£241,020) in the North West, and has also grown the fastest (6.7%) over the last 12 months, landing higher in the list than areas such as Manchester City Centre and Chester. It also has the third highest amount of transactions behind Manchester City Centre and Liverpool.

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low maintenance buy to let

Spencer Harvey listed a two bedroom, ground floor apartment to the market on Tuesday with a guide price of £115,000. This would make a perfect buy to let and even benefits from a private garden.

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commonly asked questions by landlords

With an ever changing industry and ever changing trends there are always going to be questions for your letting agent, i have highlighted some of the more frequent ones in this article.

One of the most common questions I get asked by Landlords is whether they should offer there property as fully or part furnished. My Answer to this question changes depending on the property style & location.

If we were referring to a one bedroom apartment in the heart of Stockport Exchange i may lean towards a furnished option, The type of tenants attracted to this style of property is likely to be a young professional who perhaps hasn’t rented before, having a furnished property would mean lower out goings initially and perhaps a quicker let.

If it were a three bedroom semi i would tend to advise to go for an unfurnished property as you are likely going to attract a small family who have lived privately elsewhere prior to there next let. They have likely accumulated furniture over this period and in most cases would like to bring this furniture with them.

Each let is different and each landlord has a different approach, if you’d like further advice on anything buy to let related call me on; 0161 474 8668.

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