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 £50,000 it could appeal to those looking for a lower level investment.

We would expect the monthly rental to be in the region of £350-400, the return based on £350 and with the £50,000 asking price would 8.4%, so definitely towards the higher end.

I have linked to the advert here but as always I am happy to have a conversation in to anything related to investment/lettings.