Category: investment deals

A detached property in Romiley for £120,000

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Yes you saw that right! A two bedroom detached property in central Romiley is currently on the market for £120,000.

As described by the agent, Thomas Lardner – ” The Coach House is a detached characterful property situated within the conservation area close to the Peak Forest canal and within walking distance of local facilities including Romiley Leisure Centre and Swimming Pool, the Railway Station and a range of independent shops. With gas central heating and double glazed windows the accommodation includes a large 23 ft open living room and fitted kitchen on the ground floor together with a landing, two bedrooms (one with French windows) and modern fitted bathroom on the first floor. The property does require some TLC but offers plenty of potential for the next owners.  There is a narrow driveway to the side of the property and a patio area to the rear.  Offered with no onward chain”.

It looks like it needs some cosmetic work internally but once completed you would look to achieve around the £650 pcm mark offering a fantastic 6.5% yield. Benefiting from off road parking and with it being detached it will definitely appeal to more tenants.

Please click the link for more info: https://www.rightmove.co.uk/property-for-sale/property-69009078.html

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A flat in central Marple offering over a 7% yield

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A RARE OPPORTUNITY to add a high yielding property to your buy to let portfolio, ideal for a seasoned landlord or if you are looking to start investing.

This one bedroom flat is in an excellent location in the village of Marple, close to excellent amenities, shops, schools and public transport routes. The property comprises of an entrance hall, living room, kitchen, one double bedroom and a bathroom.

I have previously rented flats in this block over the years, with one tenancy in there at the moment achieving £425 pcm. Earning this monthly would give you a fantastic 7% yield based on buying for the asking price of £70,000.

Currently on the market with Springbok Properties, Manchester. Please click here for more info.

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A beautiful Victorian terrace in central Romiley ready to rent for £895

IMG 4637 1024x683 - A beautiful Victorian terrace in central Romiley ready to rent for £895

Lyme Grove, Romiley is a popular terraced lined street in central Romiley, very popular for young families and young professionals due to its close proximity to schools and train station.

Offering spacious accommodation due to its high ceilings and well proportioned rooms this property offers two reception rooms and a modern fitted kitchen downstairs and has two double bedrooms and a further large single upstairs finished off by the modern family bathroom.

With ‘ready to move into’ accommodation this property would be very popular with different demographics, and you would look to achieve £895 pcm for the property and with the added bonus of potential capital growth over the years due to the increasing popularity of Romiley.

Currently on the market with our Marple branch for £235,000. Please click here for more info.

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Buy to let property of the week – Chadwick Street

I have visited Chadwick Street in the centre of Marple to bring you my buy to let property of the week. Offering an opportunity to receive fantastic capital growth due to its convenient location and demand for this type/style of property at the moment.

Please see my video below for more info.

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A property in central Marple offering great Capital Growth

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New to the market as of yesterday is this two bed mid terrace in the sought after, central location of Chadwick Street in Marple town centre.

Currently on the market for £165,000 with Edward Mellor and offered with no onwards chain – perfect for a quick sale. It looks like it needs modernising throughout but offers a well proportioned lawned rear garden which is rare to find in a terrace property. Due to its position and having everything on its doorstep you would attract first time renters in particular without much trouble.

Once works are completed you would look to achieve around the £750 pcm mark, more importantly you would see good capital growth due to its locality and demand for these types of properties.

Please click here for more info.

If you would like to discuss this further or if you are simply looking to invest within the area please call me on 0161 427 0733.

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An investment opportunity in Marple offering an extremely rare 8% return

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A rare opportunity to buy a one bedroom flat in central Marple offering a fantastic 8% yield. Currently on the market with Reeds Rains, Marple for £67,000 – please see the link for the full description: https://www.rightmove.co.uk/property-for-sale/property-67162164.html

Having rented several flats in the block over the last couple of years I know you would achieve £450 pcm currently. Given this figure you would look to achieve over 8%, which a rarity in Marple – this figure has been calculated if you offer the asking price.

Please call me on 0161 427 0733 to discuss this property in particular or if you are looking to invest within the SK6 area.

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Offering over a 6% return in Bredbury – a superb investment

My buy to let property of the week is a two bedroom mid terrace on Vernon Road, Bredbury. Currently on the market for £120,000 with Edward Mellor, Woodley.

You would achieve £625 pcm once works are completed, giving you over 6% yield. Please watch my video below for more info:

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A great investment in Bredbury offering over an £8000 annual return

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An opportunity on Sandiway, Bredbury is offering a healthy return of £8700 annually, based on achieving £725 pcm once cosmetic works are completed.

The description reads: Offered with NO ONWARD CHAIN – this two bedroom semi detached house has gardens to the front, side and rear and is sure to interest buy to let investors. The accommodation features: Entrance hall, 18ft 8in lounge, kitchen which opens to a rear utility porch, 2 double bedrooms, bathroom, separate WC and useful box storage room. Gas central heating is installed along with uPVC double glazed windows and doors and there is potential to create a driveway at the front (subject to planning permission).

Appealing to first time renters and small families this property is ideally located close to local amenities, primary and high schools and numerous transport links.

Currently on the market for £129,950 and given the time it has been on the market there may be room for negotiation.

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A stress free buy to let in Woodley

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A fantastic buy to let opportunity in Woodley offering a stress free investment. Located in the Springbank Court development is this three bedroom apartment (the largest in the mill). Currently on the market for £165,000 with Thomas Lardner, Romiley.

Completed to a high standard internally and offering larger than normal accommodation this will appeal to a wide range of tenants. Located close to schools, transport links and local amenities.

Please click here for my video explaining further info and potential rental amount.

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New to the rental market in Marple – Churchill Crescent

A sneak peak of a new rental property that has hit the market today with ourselves. Located on Churchill Crescent, Marple is this three bedroom semi-detached property on the market for £895 pcm. Please watch my video below for more info.

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