May 20, 2016
heritage gardens, heaton moor – potential yield of 5.8%
Hello potential landlords, I was looking at what properties have come to the market recently which are suitable for buy to let and I came across this little gem. This apartment is situated right in the heart of Heaton Moor village and is considered one of the more desirable blocks and attract young professionals.
The asking price is £185,000, when you look at the rent you can expect to achieve it’s in the region of £850-£895 per calendar month so you could be looking at a yield of circa 5.8%. This is of course before you take into account any service charges or ground rents, so make sure you get this information from the agent before diving in.
If you would like any advice on buy to let, please don’t hesitate to contact me, I’m always happy to answer any questions you may have. 0161 442 1118.