This studio apartment located just off the A6 boasts a potential 7.7% yield. Located in a prime position it’s on the market with Bridgfords for offers over £70,000. Due to the size of these apartments it would appeal to single professionals who’d benefit from the excellent transport links which are situated close to Spathfield Court.
The expected rental income would be in the region of £450 per calendar month which, in The Heatons, represents very good value for money. Therefore tenants are likely to let for longer periods of time as they feel they’re getting a good deal.
Please call me if you’d like to discuss this buy-to-let opportunity in more detail or any other investment opportunity you have spotted on the market with the agents in The Heatons. You can get me on 0161 442 1118.