March 14, 2017
a btl investment opportunity just reduced in price
I’ve noticed that a property that is being marketed by Harvey Scott on Belmont Street has just been reduced to a more realistic asking price. Looking at the figures it now looks like a sound investment in the area.
If you look at the photos in more details you can see that the property seems to be in good condition, perfect if you’re looking for a buy to let investment that requires little to no work before letting out. We know of similar properties that have let for £650 per calendar month which equates to a gross yield of 6.5%, well above the average yield for The Heatons. Financially the benefits here are twofold, if you consider the redevelopment in Stockport currently being undertaken there is the potential for good capital growth as well as the strong yield.
I’m more than happy to discuss this investment opportunity in more detail, I can be contacted on 0161 442 1118.