Marketed by JP & Brimelow is this well presented flat close to Didsbury village, situated at the end of Whitehall Road these purpose built apartments always rent well and are a stone’s throw from the Metrolink. The flat is on the market for offers in the region of £135,000 and would achieve a rent of £650pcm, this gives an annual yield of 5.7%.
Marketed by Gascoigne Halman for £175,000 is this modern purpose built apartment in the sought after Didsbury Point development. Within easy reach of the Metrolink and Burton Road, the property is sure to appeal to professional tenants wanting to commute into the City Centre and also enjoy vibrant West Didsbury village. These properties rent really well and you could expect to achieve £800pcm once the flat has had some cosmetic improvements. This return would give an approximate annual yield of 5.4%!!
Marketed by Reeds Rains for £250,000, this two bedroom penthouse apartment is an excellent buy to let opportunity. Located close to Didsbury village and within a 5 minute walk from the Metrolink this property would be popular with professionals. With the bonus of underground parking and a south facing sun terrace this is an opportunity not to be missed. You could expect to achieve a rent of £1,000pcm giving an annual yield of 4.8%.
We have a studio apartment for sale in West Didsbury for £125,000 which is currently tenanted at £475pcm. With an annual yield of 4.5% this buy to let opportunity could be the low maintenance investment opportunity you have been looking for! Studio apartments are popular with professionals due to their lower rents, this one is located a stone’s throw from the West Didsbury Metrolink, Wilmslow Road and the village.
Situated in the grand and imposing Holly Royde House, this one bedroom apartment would be a great buy to let for investors wanting a high end and low maintenance property. Located equal distances from West Didsbury village and Withington this apartment is close to excellent transport links and amenities. Depending on the time of year you can expect to achieve a rental of £800pcm but possibly more in the busy summer months, this gives a yield of 5.3% but remember there will be a service charge to pay. The property is marketed by Jordan Fishwick for £180,000.
It looks as though 2018 will be a mixed year for landlords. Some will start to feel the pinch of the legislation that’s recently come into force, such as the loss of mortgage interest relief, while a number of tenants may give notice, due to incentives to buy. At the same time, there are likely to be some good deals around for landlords looking to expand their portfolios. For the rest, who may not have the means to buy in the next 12 months, it’s a good opportunity to take stock of their portfolio and make small improvements where needed to help translate rental income into better profits.
Marketed by Reeds Rains for a guide price of £325,000 is this three bed semi which is in need of a full refurbishment! Once renovated houses like this will achieve £425,000 and rent for around £1,350pcm so there is definitely some money to be made here. I imagine there will be a lot of interest in this property as it is close to Didsbury village and will appeal to developers as well as buyers looking for their own family home.
Marketed by Purplebricks for £175,000 this three bed semi in the heart of Withington looks to be an excellent buy! These houses benefit from off-road parking and a garden as well as being spacious and perfect for families and professionals. Although the property is situated in the centre of the village, it’s on a quiet cul-de-sac and is offered with no chain. You could expect to rent this property for £850pcm giving a 5.8% yield and houses in this area are always very popular.