I've just come cross this property which came onto the market last week and I think it would make a good investment. It's located on Moorland Avenue in Gildersome, not the most attractive property externally but it has been recently refurbished internally which looks like its been good to a good standard with nice modern kitchen and bathroom.
Three bedroom properties are always popular on the rental market and this one looks a good size so should be no different. Being well presents should also mean it lets quickly meaning minimal void periods. Likely it would fetch around £650 pcm which at a purchase price of £119,500 would give a 6.5% return which is pretty healthy.
It's on the market with Whitegates, here's the link to the rightmove listing http://www.rightmove.co.uk/property-for-sale
If you want to discuss this r any other potential property investment, give me a call on 0113 436 4360 - i'm always happy to talk property!
To read more on the Morley property market:
Morley Property Prices down 6% post Brexit
The Future of the Morley Lettings Market
No comments:
Post a Comment