I’ve just spotted a well presented two bed flat a stones throw from Heaton Moor. This particular apartment is ideal if you’re looking for a low maintenance investment that appeals to a broad spectrum of tenants
On the market with Gascoigne Halman in The Heatons for an asking price of £135,000. Assuming the asking price is achieved the yield would be circa 6% based on a rental income of £650 per calendar month.
Before handing over a cheque do make sure you check what the service charges and ground rent equate to as this will eat into your yield.
If you have any questions don’t hesitate to contact me directly on 0161 442 1118.