potential investment in sk3

Purple Bricks have a property listed online on Sycamore Street in Cheadle Heath which reduced in price today to £110,000!

The property is situated in a great location on a quiet cul-de-sac within walking distance to Stockport train station which is going to make it an attractive property to young professionals needing to commute in and out of the city centre. The property also has a spacious enclosed rear garden so could be equally suited to a small family. There is some cosmetic improvement required but nothing to extensive or costly. I would imagine this property to let for £650 pcm with little work being done which would provide a return yield of 7.1%. I have added a link to the right move advert so you can take a look further but give me a call if you’d like to discuss anything buy to let related; 0161 474 8668. https://www.rightmove.co.uk/property-for-sale/property-77360516.html

Theo Perkin

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