The Property

On the 2nd of February Thomas Lardner brought to market a 2-bedroom apartment in Lauren Court, on Lower Bents Lane in Bredbury. The apartment appears to have been kept to a high standard, the apartment block comes with a residential parking area and the property is also being sold with No Onward Chain.

The Yield

We would expect a rental return in the region of £625 per month, almost 8% gross (7.8%) based on the Offers in Excess of Price of £95,000. Even taking into account the service charge of £840 per annum the Net Yield still comes in at a generous 7%.

The apartment is currently being advertised by the Romiley Branch of Thomas Lardner, with the advert found here, so if you want more specific details give them a call. However, as always, if you would like a more general lettings conversation just give me a call on 0161 427 0733.