As I said, I hate to show favouritism in any way but great investment properties keep coming up on Glebe Street that I just have to share with you, so here we go again! Glebe Street people…
This week I have another stunning two bedroom property available for sale on this excellent street in SK1. My other readers will have seen a post I did a few weeks ago about another investment in Glebe Street (which incidentally has now sold) and I explained that I think this area is a little bit untapped and has great potential for investors, as its out of the crazy mad frenzy of Investors that are currently taking over Edgeley! The other great thing about the SK1 region is its proximity to the M60 motorway for those renters who are looking to get out of Stockport to get to work and who will be needing to use the M60. Its also an excellent location for walking into Stockport Town Centre… for tenants who are a little obsessed with Topshop and Office like myself!
So my investment property of the day is a beautiful 2 bedroom mid-terraced house in Glebe Street. The property looks to be in excellent condition and is on the market with Edward Mellors, Hazel Grove for £127,000. The decor is modern and tasteful, making the property look very cosy and homely. It would be my guess that the property is currently owner occupied! I believe that this property could quite easily achieve a rental price of £675pcm which would give you a great yield of 6.4% which is amazing!
If you would like any more information on this property or if you would like to discuss investment potentials with me, please do let me know as I would be more than happy to assist you. This is an area of Estate Agency that I love to ‘invest’ my time in – excuse the pun! My phone number is 0161 474 8668 and my name is Gemma Francis, Lettings Manager at Julian Wadden Stockport Exchange.