October 15, 2019
Heaton Mersey Buy-To-Let Investment with 6% Yield!
Today I just wanted to highlight a property for sale in The Heatons with a generous yield and a potential for capital growth…
Currently for sale with Julian Wadden in Heaton Moor is this spacious 1 bedroom apartment in a highly sought after, well maintained development. It also benefits from ample residents parking and garages available to rent, which make it very appealing to potential tenants.
Advertised at a guide price of £129,950, the property could benefit from redecorating however near identical apartments typically achieve £650pcm in rent, which is a gross yield of a massive 6%.
There is a very reasonable service charge of just £80 per month, which still keeps the yield above 5% which is great for Heaton Mersey and the sales market in The Heatons has always been resilient so I believe that there is room for capital growth even in tougher times.
The property can be found online HERE.
For more Buy to Let Investment opportunities and advice, connect with me on LinkedIn HERE or contact me on 0161 442 1118.