I’ve just come across a great buy to let opportunity on Church Street, marketed by Philip James Wilson.
Likely to attract a small family, this property makes a great investment as families prefer to stay in the same house for longer periods of time, really making it a home. Good news for landlords as this means less void periods, less agency fees and less wear and tear.
Stockport is currently undergoing re-generation and we expect to see impressive growth over the next 12/24 months. Not only will you benefit from a great yield, but houses will increase in price too!
This particular terrace house appears to need little/no work and offers two double bedrooms and a cellar (proof of building regulations will need to be checked).
We would expect to achieve in the region of £650 per calendar month generating a yield of 6.7%!
If you would like any help or advice on your investment property, come and see me for a chat at my office on Moorside Road, Heaton Moor or give me a call on 0161 442 1118.