Month: April 2016

a cracking little investment in heaton moor…

This two bedroom apartment on with Gascoigne Halman looks like it’s had some updating done throughout the years, which will save you a job if you decide to buy it.

As mentioned in previous blogs The Heatons is a popular spot for renters, a little further away from the centre of Stockport and on the doorstep of some fashionable bars and great transport links.

This apartment has come on the market with an asking price of £150,000, which seems reasonable. Considering you’d be looking at an asking rent of about £695 per calendar month, this would return a yield of almost 6%.

Its worth checking what the service charges and ground rent are before committing to the purchase as these can eat into your annual yield.

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6.2% yield in heaton moor, stockport

Good morning everyone, I’ve seen another property on with Gascoigne Halman which appeals to a lot of my landlord investors so I thought to share it with you all.

It looks to be a nice, tidy property, well presented and looked after and has been reduced in price recently.

They’re asking £115,000 which in my opinion represents good value for money for a propery which requires little to no work before letting out. You can expect to achieve around £600 per calendar month, the yield works out at circa 6.2% which is higher than the average yield in the area.

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