New to the market is this three bedroom semi-detached property on Broadstone Road in Heaton Chapel. Also being close to the border of Reddish means that, when being resold, you will attract buyers from both areas – a real plus!
Although the yield is an important factor when purchasing a buy to let, I appreciate it isn’t alwaysthe most important thing for all landlords. Of course, nobody wants to invest their money into something that isn’t going to make money, however sometimes something which is low maintenance, going to attract a great quality of tenant and increase in value is more important than an extra 1% on the return.
In The Heatons, one bedrooms apartments certainly aren’t in short supply however, neither is the demand for them. Over the years we have seen high demand for these properties which has driven the monthly rental up making them great BTL opportunities for landlords/first time investors.
I fully appreciate that this isn’t a ‘typical’ buy to let however high value properties can also make fantastic investments if you have the money to spend. This house on Kensington Close is no different.
Great BTL deals come in all shapes and sizes and this property certainly proves that. It would be fair to say that it isnt a ‘typical’ buy to let however it would make a fabulous home for tenants needing plenty of space!