Edward Mellor Auctions have brought to the market a 2 bedroom terraced property on a popular street in Heaton Norris.
The property is located on All Saints Road and the guide price is £115,000. Edward Mellor are conducting viewings on the property on the 25th & 30th March, with the auction itself being set for the 31st March . However a purchase can be made prior to this under the auction conditions.
With there being no internal photos of the property I would highly advise a viewing is booked to see the property and the level of works that are required.
We have sold properties in the past on All Saints Road for over £170,000 subject to standard and size.
With this property the figures would workout , in basic terms as below;
- £115,00- Guide Price
- Expected rental return of £750 PCM
- Yield over 7%
However these figures would not take into account the costs for refurbishment so further research would be recommended.
Click here to view the advert for the property.
If you would like to have a chat about investments properties in the area or lettings in general please don’t hesitate to contact me on 0161 442-1118.