I am really excited to tell you about this beautiful two double bedroom mid-terrace property in the heart of Edgeley, that we think would make an incredible buy-to-let opportunity. The property is located on a quiet and popular road close to all the fantastic local amenities that Edgeley has to offer! For those of you that dont know Edgeley to well it is a fantastic location for a buy-to-let investment as it is a lovely residential area with many good schools (making it a perfect area for families), churches (giving the area a community feel) and it is within a very close proximity to the new, modernised Stockport train station. From Stockport station you can get to London in 1 hour and 51 minutes! Just incredible!
The property offers an open plan kitchen/living room and a large lawned garden to the rear. The first floor boasts two large double bedrooms and a modern three piece bathroom suite. This is a great find as the property is in impecable condition as it is currently owner occupied and the vendor has decorated and furnished the propertyto an extremely high standard throughout. We are confident that bringing this property to the market to rent at a maxium price for the area would still allow for a very speedy let, to good quality, working professionals.
Ok, so now I have told you all of the important Estate Agent blurb and I have of course sold it to you, let’s see how the figures stack up!
- On the market at £145,000
- Let out at £695pcm to £725pcm
- Giving you a yield of 5.2% to 5.8%
- The amount you would need to spend to get it up to a good enough standard to rent out = £0
I cannot wait to hear from you to book in a viewing! I can already hear the phones ringing! In actual fact, we are going to be holding an open house at the property tomorrow (7th October 2017), so please call us on the office on 0161 474 8660 to join us there!
HAPPY HOUSE HUNTING!