A property has been recently added by John Mellor in the popular Belmont House development.
The property has been advertised at £130,000 which is a fantastic price, minimal work required which means a tenant would be able to move straight in. The flat is leasehold for the remainder of a 999 year term and a service charge of £100 per month.
I have listed the benefits of the property below for ease;
- Rental income of £650 PCM
- Gross yield of 6%
- Minimal work required
- £100 Per month service charge
- 999 year lease
Click here for the advert of the property.
If you wish to view the property please contact John Mellor. If you wish to invest in the area or have any questions on the letting market in general please don’t hesitate to contact me on 0161 442-1118 I will be happy to help.