February 26, 2020
in need of refurbishment
Reeds Rains added a two bedroom mid terrace property to the market two days ago which would make a brilliant rental property. Located on Broadfield Road, Reddish, SK5 with a guide price of £100,000!
The property does require a full refurbishment throughout hence the low guide price, once refurbished this property could achieve a resale value of around £130,000. I would recommend arranging a viewing with the agent to confirm what works need doing exactly and to price the costs of doing so.
From a rental point of view i think the property would perform well, located close by to Reddish North Train Station this property would be perfect for a young professional that needs to commute to Manchester City Centre and the surrounding areas.
I think a rental figure of £625 pcm is achievable assuming the property is refurbished to a high standard, give me a call to talk more about the Stockport Property Market; 0161 474 8668.