two apartment in heaton moor suitable for buy to let

A two bedroom apartment has come to the market with Julian Wadden at Fairway House for £159,950.

http://www.rightmove.co.uk/property-for-sale/property-41900220.html

These flats rarely come to the market so I envisage a good level of interest, so do get in touch for any advise sooner rather than later. I am aware of a similar apartment in the same block, albeit, in excellent condition which let for £725 per calendar month. Based on these figures that equates to a yield of 5.5%, a good yield for central Heaton Moor. I would expect these flats to be let to young professionals who use the excellent transport links in the area. They also let very quickly, on average Julian Wadden let properties in 9 days so void periods are almost none existent!

Do get in touch for any Heatons related property advice, I’m on 0161 442 1118

Hassan Mahmood

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