In need of a full refurbishment, this period terrace is located in the very heart of the village and is marketed by Gascoigne Halman for £300,000. The property has two double bedrooms and once refurbished to a high standard throughout could achieve well in excess of the asking price. These houses also make a good buy to let and can fetch rents of approximately £1,250pcm, they are popular with small families and young professionals looking to be close to the Metrolink and all the local amenities which are on the doorstep!
Situated in the very desirable West Court in Didsbury Gate, this two double bedroom apartment is on the market with Bridgfords for £325,000. These properties have increased in value substantially over the last few years and achieve rents of approximately £1,150 pcm. Although the annual yield of 4.2% may not be high enough for everyone, when you factor in the capital growth and the low maintenance involved in renting high spec modern apartments this could be the ideal investment.
Marketed by Bridgfords for £140,000 this well presented, first floor apartment would make an excellent buy to let opportunity and is reasonably priced for the location. Situated close to West Didsbury Metrolink and all the local amenities, this apartment is sure to be popular with young professionals. You could expect a rent of £750pcm giving an annual yield of 6.4% which is a very healthy return on your investment.
Marketed by Northwood for offers in excess of £500,000 this period semi-detached house is on a larger than average plot and has the potential to be converted into multiple apartments subject to planning. There are drawings on the link below for a conversion to 7 flats, they would be situated in a fantastic location just a stone’s throw from the tram and Chorlton centre. This property is in need of a full renovation so is only available to cash buyers but there is definitely some money to be made if you have the budget!
Marketed by Joules for £200,000 this three bedroom semi detached house would be great for a property developer looking for a new project! The house is available to cash buyers only but there is definitely a margin in it, one house on the same road is currently under offer and the marketing price is £299,950. These properties will let for approximately £1,100pcm once refurbished.
Marketed by Gascoigne Halman for £200,000 this three bed terrace is in need of refurbishment but would make an excellent buy to let project. These houses are very popular with families and professionals and achieve rents of approximately £900pcm once refurbished. This would give an annual yield of just over 5% but you will need to factor in the cost of works to the property. Catterick Road is close to great schools, transport links and is just a short stroll from the heart of Didsbury village.
This modern development is incredibly popular due its close proximity to Burton Road and the Metrolink. Marketed by Gascoigne Halman for £270,000 this apartment would make an ideal low maintenance buy to let and would be let in a matter of days. You could expect to achieve a rent of £950pcm giving an annual yield of 4.2%. Properties in this area have increased in value substantially since they were first built and we see the area only increasing in popularity year on year!
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%!!