This week’s buy to let property of the week is a two bedroom apartment in the popular Springbank Court development in Woodley. Currently on the market for £119,995, it would achieve £650 pcm giving you a fantastic 6.5% yield. Please see the link to the advert. If you have any questions about this property or if you are looking to invest within the SK6 area please feel free to contact me on 0161 427 0733.
New to the market today is this three bedroom mid terrace on Stockport Road West in Bredbury. In a central location and within a stone’s throw to local amenities and transport links including the M60 this property will appeal to a wide range of tenants.
Internally it does look like it needs some cosmetic improvement but overall it looks to have the makings of a fantastic buy to let property which returns well over a 6% yield, based on purchasing it for the asking price of £140,000 and returning £795 pcm once internally updated.
Currently on the market with Thomas Lardners, Romiley. Click here to view the listing. Please contact them to arrange a viewing, however if you need any advice on how to maximise your return on this property or any existing property you have please contact me on 0161 427 0733 as I’m more than happy to give my advice.
Situated on the quiet cul-de-sac of Newstead Grove, Bredbury is this three bedroom mid mews property currently on the market for £160,000 with Warrens. Offering modern, ‘ready to move into’ accommodation throughout, you wouldn’t have to worry about any initial costs usually involved in modernising properties.
Appealing to a couple or a small family the property offers spacious accommodation throughout with modern fitted kitchen and bathroom, it also benefits from a handy garage – perfect for storage.
You would look to achieve £750 pcm, giving you over a 5% yield (if bought at the asking price). If you would like any further information about the current rental market in SK6 or have any further questions about this property in particular please feel free to give me a call on 0161 427 0733.
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.
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.
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.
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.
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.
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.