December 17, 2019
The Heatons Investment With 6% Gross Yield…
The property I am highlighting today boasts a great yield, potential for capital growth and instant return if you renovate & flip it…
Currently for sale with Julian Wadden in Heaton Moor is this one bedroom apartment in a well maintained development in Heaton Mersey.
Recently listed at a guide price of £115,000, good examples of these apartments rent for up to £575pcm, which is a fantastic gross yield of 6%.
When you take into account the service charge of just £85 per month, the net yield is just over 5% which is certainly rare in SK4 postcodes.
The property can be found online HERE.
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