Hello Readers!
I have another spectacular investment for you! This time in Lisburne Close in Offerton, Stockport, SK2. The property is immaculate throughout, has a modern kitchen and the owner has used a neutral colour pallate throughout to decorate the property, so there would be no work to do before the property was ready to be let out. The property is over three levels with two good sized double bedrooms on the top floor, a large bedroom, bathroom and reception room on the first floor and a large modern kitchen on the ground floor with WC. There is also a garage on the ground floor, which could in time be made into a reception room then the reception room on the first floor converted to a bedroom, making the property a fantastic 4 bedroom property with a fantastic yield!
As the property is at the moment, I believe that this could be rented out for £795pcm which would give you a yield of 6.36% as the asking price is £145k which is fantastic! With the works completed and the property being a 4 bedroom property in the future, the rent could be in the region of £875pcm which would be a yield of 7%… amazing!
For more information on this property or if you are looking for an investment property in the area then please do not hesitate to contact me on 0161 474 8668 or email me on stockportlettings@julianwadden.co.uk.
Gemma Lowe – Lettings Manager
Link to the Property on Rightmove – http://www.rightmove.co.uk/property-for-sale/property-40377399.html
