Today I just wanted to highlight a property for sale in The Heatons with a generous yield and a potential for capital growth…
Currently for sale with Julian Wadden in Heaton Moor is this spacious 1 bedroom apartment in a highly sought after, well maintained development. It also benefits from ample residents parking and garages available to rent, which make it very appealing to potential tenants.
Advertised at a guide price of £129,950, the property could benefit from redecorating however near identical apartments typically achieve £650pcm in rent, which is a gross yield of a massive 6%.
There is a very reasonable service charge of just £80 per month, which still keeps the yield above 5% which is great for Heaton Mersey and the sales market in The Heatons has always been resilient so I believe that there is room for capital growth even in tougher times.
The property can be found online HERE.
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