This two bedroom terrace on Birch Avenue, right in the heart of Romiley is a fantastic buy to let opportunity, offering both a fantastic yield and capital growth.
The property is need of slight modernisation and cosmetic improvements, but once works are complete you would look to achieve a healthy 5% yield, this is based on £750 pcm. There is also an option to create a third bedroom, as the master is so large you could create two well proportioned bedrooms. Three bedroom terraces in the area can achieve upto £850 pcm giving a 5.7% yield.
The property comprises to the ground floor; an entrance hallway with stairs leading to the first floor, the bay fronted lounge at the front of the property is well proportioned with the separate dining room at the rear. The larger than average kitchen has plenty of worktop and storage space and breakfast bar. The first floor reveals two double bedrooms, with the possibility to create a third bedroom. The family bathroom has a three piece modern bathroom suite in, a small boxroom is situated next to the bathroom and could be knocked through to create a larger bathroom with space for a shower and a bath.
Externally the property offers a walled front garden and a rear courtyard and outhouse typical with a terrace property.
Currently on the market with Thomas Lardner, Romiley for £179,950.