The Morley Property Blog

The Morley Property Blog

Wednesday, 13 July 2016

Buy-to-Let Banker on Bank Street!




Happy Wednesday, hope you're having a good week!  Just spotted this property, not new to the market but reduced in price this week making it an interesting investment prospect.

It's a two bed through terrace on Bank Street, close to the very popular Morley Victoria Primary School and handy for both Morley town centre and commuting into Leeds by bus or train.  

Originally marketed at £92,500 in January it has this week been reduced to £86,000.  It has a modern kitchen, although a bit on narrow side and what looks to be a spacious modern bathroom, possibly a little dated in other areas and may benefit from redecorating in a neutral colour scheme but should be popular and rent easily for £525pcm giving a 7.3% yield which is pretty healthy!

It's on the market with Manning Stainton, here's link to property on rightmove Bank Street - 2 bed terrace.

If you have a buy-to-let deal you are considering and want to run it past a neutral eye, feel free to drop me a line on claire@openhousemorley.com or call me on 0113 436 4360.  Always happy to help!


To read more on the Morley Property Market:

1,927 home bought by landlords in the last 10 years - is this the end for Morley first time buyers?

Where's the most expensive street in Morley?

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