August 7, 2018
ATTENTION BUY-TO-LET INVESTORS! A two bedroom semi-detached offering a potential 7% yield
A must view if you are looking to acquire a rental property offering a 7% yield in SK6. This two bedroom semi-detached property on Marina Road, Bredbury offers off road parking at the front, a large rear garden and spacious accommodation internally. The property is in need of substantial cosmetic work inside but offers the opportunity to create a modern, well presented rental property that will attract a wide range of tenants.
The property comprises to the ground floor; a bay fronted lounge which is well proportioned, the kitchen/diner is at the rear and comes complete with a useful downstairs WC which is located under the stairs, this room would benefit from the addition of French doors that would lead out onto rear garden. The first floor reveals two double bedrooms and a fitted shower room. Externally the property offers off road parking at the front and a large rear garden which spans approximately 50 feet in length and benefits from a separate patio and lawned area.
The yield is definitely the selling feature of this property offering a rare 7%, this is based on £700 pcm which would be achievable once works are completed.
Currently on the market with Edward Mellor, Woodley for £120,000.