Edward Mellor are selling a two bedroom terraced property on Carmichael Street in Edgeley, via the method of Auction. The property is due to be sold on 5th October. Click here to take a look at the Rightmove advert.
The property is being sold with vacant possession and is in need of a full refurbishment throughout. There is a strong rental demand for properties such as this in Edgeley currently and with works completed I would expect to achieve at least £850 pcm on the rental market, post refurbishment.
Accounting for the costs involved to complete the works you would be looking at a 6% return on your investment.
Contact Edward Mellor to register your interest on this property and give me a call on 0161 474 8668 to discuss the BTL market in Stockport.