August 30, 2017
a two bedroom apartment, in need of a touch of tlc – a perfect buy to let
New to the market this week is this lovely looking two bedroom ground floor apartment. Located down New Beech Road, popular for its cobbles, views of St Johns Church and close proximity to Heaton Mersey village this apartment is likely to be a desirable home for a professional couple looking to live near the trendy bars, restaurants and shops that The Heatons have to offer.
The apartment is for sale with Reeds Rains in Didsbury for £175,000 and offers 692 sq. ft of living space – A steal given two bedroom terrace houses on the same street (at roughly 750sq. ft) sell anywhere around the £250,000 mark!!
The apartment doesn’t look to need much work, a lick of paint (including treatment of the mould which appears to be present in some of the rooms) and some new carpets meaning initial costs are kept relatively low.
Similar apartments in the block have rented for £700.00pcm generating a yield of 4.8%
If you require any advice with regards to your investment property, please do call me on 0161 442 1118 or visit me at my office on Moorside Road.