November 27, 2019
Buy-to-Let in Heaton Chapel with an Income from Day 1!
On the market with Reeds Rains is a one bedroom apartment being sold with a tenant in situ, providing a rental income from completion day…
Advertised as a “fixed price” of £127,500, the current tenants are paying £570pcm in rent, which is a gross yield of 5.3%. The tenants are currently on a periodic tenancy, and as & when they vacate it could rent for closer to £650pcm, meaning a gross yield of over 6.1%.
The property can be found on Rightmove HERE.
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