August 21, 2018
A modern fitted ground floor flat offering over 6% yield
Located on Grimshaw Close, Bredbury is this one bedroom ground floor flat. Offering a modern finish throughout, close to local shops and transport links and offering no onwards chain this is ideal for a buy-to-let investor looking for a simple rental and immediate returns.
This flat benefits from an entrance hall, a modern fitted bathroom with shower unit, a double bedroom, a lounge with feature fireplace and a modern kitchen. There are also two separate cupboards great for storage. Externally the property offers a communal garden area with an Indian Stone patio and lawn.
Located a stones throw away from Woodley precinct and Bredbury train station it is ideally situated with everything on your doorstep.
The yield you would look to achieve would be 6.3%, this is based on £500 pcm, you will be able to charge a little bit more than usual because of the position and desirability of it being on the ground floor.
Currently on the market with Reeds Rains, Hyde for £95,000.