New to the market with Julian Wadden is this two bedroom apartment on the first floor of this purpose built block in the very heart of Heaton Moor Village.
Offered for sale for £185,000 the property would achieve circa £750 pcm giving a yield of 4.8%
It is offered for sale with Edward Mellor for £145,000 the property is located in a very popular rental area, nestled between Heaton Chapel and Reddish.
The property does look to need an element of cosmetic improvement but with the right touches, could achieve £695-£750 pcm giving you a yield of between 5.7% and 6.2%
If you would like any help or advice with this, or any other investment opportunity, then please do give me a call on 0161 442 1118 or pop in and see me at my office on Moorside Road.
And dont forget, we are currently offering 3 MONTH FREE MANAGEMENT to all new properties brought to the rental market with us on a full managed service.
Last month we rolled out our ‘ITS ON US’ campaign to our tenants and we now offer ZERO application fees. However, the last thing we want is for landlords to feel left out so we are delighted to roll this out further and offer the first THREE months of management completely free of charge to any new property listed on our fully managed service.
At a time when the requirements on landlords are at an all time high, with more and more regulations coming into place, its a great time to switch your property over to a professional managing agent who can take care of everything for you.
With three months free of charge, what do you have to lose!
This apartment caught my eye the other day and it would make a great buy to let for both experienced landlords or those looking to buy their first or second property.
‘Heather Court’ is a relatively unknown block located on the corner of Manchester Road and Victoria Grove making it well located for Heaton Chapel Train Station, the motorway network and the Four Heatons.
The apartment has so much going for it and would be really attractive to a variety of tenants.
Neutrally Decorated
Top Floor
Large living space and separate kitchen
Two storage cupboards
Garage
Pretty communal grounds
Well located for amenities
It looks to be in really nice, clean condition and therefore would need little work.
Personally, I would probably update the kitchen to make it slightly more modern however this can be done inexpensively by simply changing the doors or having them sprayed.
On the market with Joules for £155,000 the apartment would achieve circa £700.00pcm giving you a return of 5.4%
If you have any questions about this apartment, or any other lettings related query, please do give me a call, email or come and visit me at the office.
The long-awaited Tenant Fees Act will be introduced across England on 1st June 2019. This week the government has released a guidance note for those in the industry.
Ahead of the 1st of June when the Government
introduce zero application fees for tenants you will be pleased to know any
tenants looking to rent through Julian Wadden from today the 1st
April 2019 you will pay no application fee!
Any there any other
upfront fees?
You will only be required to pay a holding deposit and as
long as you pass referencing this money can then be put towards your first
month’s rent.
How much will the
holding deposit be?
As little as 1 weeks rent of the property you wish to rent.
If you have any further questions about renting a property, please do not hesitate to get in touch on 0161 442 1118.
One in twelve landlords is unaware of a suite of legislative changes that occurred across the lettings industry in recent years, according to the findings of the English Private Landlord Survey 2018 published in January.