Although the yield is an important factor when purchasing a buy to let, I appreciate it isn’t always the most important thing for all landlords. Of course, nobody wants to invest their money into something that isn’t going to make money, however sometimes something which is low maintenance, going to attract a great quality of tenant and increase in value is more important than an extra 1% on the return.
This beautiful two bedroom semi-detached house on Briars Mount, Heaton Mersey, would lend itself perfectly to a landlord who wants a steady investment with minimal void periods.
On the market with Joules for £245,000 this property would rent for a minimum of £800 per calendar month giving a return of 3.9%.
Although not the best return we’ve seen, the fact that it is newly build with a contemporary interior means it would appeal to a wide variety of tenants from single professionals to small families.
If you are after a low maintenance buy to let which will keep your money safe and earn you a decent monthly rental, then this is one to be seen.