Edward Mellor have a property for sale in Reddish, Stockport on Luton Road. The property has a guide price of £110,000 and a tenant in situ currently paying £545.00 PCM.

I have attached a link to the advert here; https://www.rightmove.co.uk/properties/109198829#/

The rent does seem below market value so i think it would be worth having a conversation with the selling agent to see if there is scope for an increase. However, even with the current guide price and rental income this would generate a yield of nearly 6%.

Give me a call if you’re interested in purchasing a BTL property in Stockport; 0161 474 8668.