November 28, 2017
A landlords dream
One of the many great things about The Heatons is the abundance of great buy to let properties. Many landlords like the range of terrace properties that are on offer and they come at prices to suit most budgets.
Another great two bedroom terrace has come to the market with Bridgfords at an asking price of £120,000.
Cheviot Close is located just off Wellington Road North and is nestled in a popular residential area which houses many tenanted properties. Houses such as these are popular as they are well built, low maintenance, offer great sized living space (including a cellar!) and are close to the motorway, bus routes and local amenities.
Similar properties rent in the region of £600-£650pcm giving a yield of between 6-6.5%.
This particular property is offered with no chain and appears to need very little work in order to make it ready for the rental market. My only recommendation would be to neutralise the second bedroom.
If you require any help or advice with your property purchase, or have any questions regarding the local property market, please feel free to call me on 0161 442 1118 or visit me at my office on Moorside Road.