January 28, 2019
buy to let in central stockport
If your searching for an affordable investment in a central location then look no further. Property Genius have a two bedroom, mid terrace property on the market which reduced in price to £115,000 on 17th January.
There is currently a tenant in situ with a current rental figure of £600 pcm, this would give you a yield of 6.26%. If the property became vacant it may be worth spending a small amount of time and money to take it to the next level. I would recommend decorating throughout making the property seem more neutral and also modernising the kitchen and bathroom where possible without completing replacing. I think this work if done correctly would allow a rental figure of £650 pcm providing a yield of 6.78% which is fantastic. Please give me a call if you would like to discuss this opportunity further or if you would like any buy to let related advice; 0161 474 8668. https://www.rightmove.co.uk/property-for-sale/property-67567696.html