Reeds Rains are marketing a one bedroom studio flat on Thornley Lane South in Reddish. Click here to see the Rightmove link.
Being sold via the modern method of auction with a guide price of £60,000 this makes for an excellent investment opportunity to add to your rental portfolio with a high yield. I would expect to achieve a rent of around £600 which result in a yield of at least 10% even if purchased for higher than the guide price of £60,000.
The property is located on a quiet residential street, with Reddish Vale park a short walk away and views over the fields. The property itself is in good condition inside with little to no works required internally to be seen from looking at the advert.
Please note fees will apply with the property being sold via Auction. Contact Reeds Rains directly to get yourself booked in for a viewing of the flat and give me a call on 07384 810881 to discuss the buy to let market in the area.
Liam
