Investment Deals
Currently tenanted 6% in Hyde
On the 27th of July Stepping Stones added to market a two-bedroom mid-terraced property at £115,000. The property is currently tenanted at £575 a month, the advert states this as a 5.75% yield however this works out as a 6% gross. The house is well-located, and comes with a lovely [...]
6% Return in Hyde- Cosmetic Work Required
On the 14th of July Lynks Estate Agents added to market a 2-bedroom mid-terrace property in Dukinfield, Hyde. It looks from the advert to require some cosmetic upgrades, however both the kitchen and bathroom seem to be in good conditon, and there is a decent garden to the rear. With [...]
Converted House with 7.5% Yields
On the 5th of July Cousins Estate Agents added to market a 2 bedroom mews property. The house has been separated into two separate one-bedroom apartments from a communal ground floor entrance. Each apartment would look to achieve approximately £425 per calendar month, giving an overall yield of around 7.5%. [...]
Solid Return on Hyde Refurbishment Property
On the 26th of May Reeds Rains added to market a two-bedroom, mid-terrace, property on Gair Street in Hyde. The house requires renovation works in the majority of the rooms, however the bathroom looks as though it has recently been refurbished. Rentals for two-bedrooms in the area usually run between [...]
Solid Return in Romiley Village
On the 22nd of May Thomas Lardner brought to market a two-bedroom second floor apartment in a centrally located apartment block in Romiley Village. The apartment, in the Underhill block, came to the market at £110,000, with an expected rental per month of £650, giving a solid 7% gross yield. [...]
Ready to Rent 6% Return in Hyde
On the 20th of May Your Move added to the market a two-bedroom end cottage on Knott Fold in Hyde at £150,000. The house looks to be in good condition internally and has the added bonus of a basement room which looks to be a useable space. Rentals on the [...]
Refurbishment Opportunity Hyde
On the 18th of May Saltsman & Co. of Droylsden added to market a three-bedroom end-terrace property on Silverton Close in Hyde at £120,000. The property has been added with no internal photos, and the description suggests that there is substantial internal works required. We would expect to be achieving [...]
5% Return with No Chain in Woodley
On the 12th of May Thomas Lardner brought to market a two-bedroom, semi-detached, house on Birchall Green in Woodley. It is a well presented house, with off-road parking and separate conservatory, so we would expect to be achieving in the region of £825-850 per month on the rental. The house [...]
Refurbishment Opportunity in Hyde
On the 8th of May Lynks Estate Agents added to market a three-bedroom, end-terrace, house on Edna Street. It has come to market at £90,000, however there are no internal photographs and the advert mentions a full refurbishment job. Based on the asking price and an expected monthly rental of [...]
LAND FOR SALE IN MARPLE
Mark from our Marple Branch has today been to visit a site that is hitting the market at £300,000 this week. The land comes with planning permission for three mews properties and is located right in the heart of Marple. https://youtu.be/LlwcyeC9g4A
Double Investment in Bredbury
On the 20th of April Gascoigne Halman brought to market two three-bedroom semi-detached properties on the same road, Kingsway, in Bredbury. They came to market at £170,000 and £175,000 respectively, and as you can imagine the property at the lower price was in need of slightly more in the way [...]
LOW INVESTMENT- HIGH RETURN
On the 12th of April Home Estate Agents added to the market a one-bedroom ground floor apartment on Highfield Close in Hyde. Judging from both the description and the photos the apartment itself would need some refurbishment before a new tenant can be found, however with an asking price of [...]
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ABOUT THE BLOG
This blog follows the property and buy to let market in Marple, The Bridge, Mellor and Compstall. You’ll find insight, commentary and analysis that relates specifically to SK6, along with the latest investment deals from all agents in the area.
DANIEL BROWNHILL – CO-AUTHOR
I am passionate about our area, so if you have any property related questions, whether buying, selling, letting out or just curious about what’s happening this very moment in the Marple, Marple Bridge, Mellor and Compstall property market then just pop into my office, alternatively call or e-mail me. I look forward to hearing from you and having a chat.