A superb investment opportunity has come to the market in Romiley. The property is need of refurbishment but once works are complete it has the potential to yield a fantastic 5.8%. Situated on Lyme Grove it is ideally located with the centre only a short stroll away. This large three bedroom mid-terrace property offers spacious accommodation throughout and is offered is no onwards chain.
This great property offers to the ground floor; an entrance hallway, from here you will find two separate reception rooms, the lounge at the front and dining room at the rear. The kitchen can be found off this. A useful utility room complete with downstairs WC and store completes the floor. The first floor reveals two well proportioned double bedrooms and a further single bedroom, the bathroom and separate WC can also be found on this floor.
Externally the property offers front and rear gardens, the rear walled garden is in need of some TLC.
Ideally located with Romiley train station a short walk away, local amenities and local schools also on your doorstep this property won’t be on the market long.
The potential yield you would look to achieve is 5.8% this is based on £850 per calendar month.
Currently on the market with Thomas Lardner, Romiley for £175,000.