Welcome to The Morley Property Blog. The place where landlords and home owners can find useful information, advice, insights, resources and inspiration for owning, renting out, buying and selling property in Morley and surrounding areas.
The Morley Property Blog
Thursday, 11 August 2016
7.5% yield on ready to let two bedroom terrace on Middleton Road
Here's a nice little investment as a buy to let, new to the market this week. On Middleton Road so accessible for public transport and a short walk into Morley, it is a two bedroom back to back terrace in a great location for a rental property.
Looking at the listing, it has the second bedroom in a converted attic so should be quite spacious and all looks to be presented well. The kitchen and bathroom both look fairly modern and in good condition and the rest of the property is neutrally decorated. It's on the market for £80,000 and should rent for around £500 pcm without any work required to the property, so would give a healthy 7.5% return and in a popular area should rent quickly, minimising void periods.
It's on the market with Your Move - here's the link to the right move listing: Middleton Road
Feel free to get in touch for an impartial view on this or any other investment you are considering, i'm always happy to talk property!
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