Hi everyone, thought I would point this property out to you. I came across it in my daily trawl of the property websites and thought it looked interesting. It’s located in Heaton Norris on Churchill Street, not too far from Asda and has come to the market with John Mellor Estate Agents.
Situated close to excellent transport links and good schools this will be a popular choice with many tenants, these properties let within a number of days. We are aware of very similar properties in good condition letting for in the region of £650 per calendar month which equates to a yield of 6.5%. The asking price of £120,000 which seems consistent with comparable properties in the area.
As always, my door is open for anyone who wants to chat about buying to let and looking for advice on rental amounts and best locations. Our office is on Moorside Road, Number 14.