first floor apartment makes for a great buy to let

Buy to let opportunity on the Levenshulme/Reddish border with a guide price of £109,995.

The one bedroom apartment benefits from a driveway as well as front and back gardens making it rather unique, a rental valuation has been given of £575 pcm which would provide a yield of 6.3% if purchased for the guide price.

Take a look at the advert here & give the office a call on 0161 474 8660 if you would like to arrange a viewing.

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TENANT FEES ACT

The long-awaited Tenant Fees Act will be introduced across England on 1st June 2019. This week the government has released a guidance note for those in the industry.

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HOME IMPROVEMENTS

April is National Home Improvements month. Property owners across the UK have spent almost £8,000 each on home improvements over the last five years, a staggering £48 billion in total, according to new research by the National Association of Estate Agents.

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Mandale House launches to the rental market

I am delighted to announce that we have been instructed to Let 77 stylish new one and two bedroom Town Centre apartments. The apartments have been launched to the market and are expected to be complete within the next two weeks.

Call Theo Perkin and his Lettings team today to discuss in more detail and arrange a viewing – 0161 474 8660

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good investment in a popular location

A two bedroom semi detached property came to the market yesterday with a guide price of £160,000. Its been well maintained to a modern standard and benefits from a double driveway and a spacious back garden.

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buy to let investment with tenant in situ

If you’re looking for a buy to let investment with an instant return then you should look at this two bedroom mid terrace property in Offerton with a guide price of £119,950.

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RENTAL BABIES

  • Nearly half (49.2%) of all babies were born into rented homes in 2016/17, according to a new report by Royal London, up from just one in three in 2003/04.
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Zero Application Fee

Ahead of the 1st of June when the Government introduce zero application fees for tenants you will be pleased to know any tenants looking to rent through Julian Wadden from today the 1st April 2019 you will pay no application fee!

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Stockport set for first co-working space in historic Bank Chambers building

ProFolk will provide seven private offices and 20 co-working desks, along with a large space for meetings and events, Stockport is set to get its first dedicated co-working space in the town’s iconic Grade II listed Bank Chambers.

Hall & Co Property has recently secured planning for the transformation of the building which will include a sensitive restoration. ProFolk will provide seven private offices and 20 co-working desks, along with a large space for meetings and events, plus breakout and relaxation space, a bike store, showers and lockers.

The full article can be found here.

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Stockport Interchange moves to next phase

The mixed-use project has secured unanimous backing from Stockport Council’s planning committee with a number of major contractors expressing an interest in delivering the scheme.

Stockport Council’s proposals for the site feature a 196-home apartment block, a transport interchange covered with a green roof, and two acres of public realm opening up on to the river Mersey, alongside improved connectivity to the town’s railway station.

The plans also factor in a route for the Metrolink’s potential arrival to the town, with one of the visualisations showing tram lines and platforms alongside the viaduct.

The residential block, including 126 two-bed apartments and 70 one-bed apartments, is expected to cost around £39m to build. A joint venture between the Greater Manchester Combined Authority and the council will develop the block and will rent the apartments privately for a minimum of five years following its completion. Stockport Council is understood to be procuring the scheme via the Pagabo major construction works framework, covering projects worth more than £50m. The eight contractors on the framework in the North are Galliford Try; Interserve; ISG; Laing O’Rourke; Morgan Sindall; Sir Robert McAlpine; Vinci; and Willmott Dixon. A number of these are understood to have expressed their interest in delivering the scheme.

The council has already secured £41.7m of Growth Fund money to help to deliver the project, and it has already received a grant of £2.6m from the Government’s Housing Infrastructure Fund to help support the project’s delivery. BDP is lead designer on the project, providing architecture, landscape design and lighting design. WSP is lead consultant.

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