April 26, 2019
A project property that could bring you a fantastic yield
Situated on Marina Road, Bredbury is this two bedroom semi-detached property. Internal and external photo’s suggest that it needs a overhaul, bringing everything up to date but once works done you would still be achieving over a 5.6% yield.
Offering an entrance hallway, separate lounge, kitchen/diner at the back with a conservatory extension. Upstairs the property consists of two double bedrooms and a family bathroom. Externally the property needs fully cutting back and opening up.
This is a project property and needs fully ripping out and modernising. The property is currently on the market for £140,000 with Edward Mellor, Woodley and with approximately £20,000 spending on it your yield would still be a fantastic 5.6%, this is based on £750 pcm.