8.57% rental yield – 2 bed terrace Fold Street, Moston

http://www.rightmove.co.uk/property-for-sale/property-34064583.html

This 2 bedroom terrace has recently come on the market for £69,950 and is being marketed via Tom Clarke Moston Branch.

I haven’t seen this property internally myself but the photographs and description present by the selling agent indicate that the property has been well maintained to a good standard. The property is ideally situated close to Moston Road, which as a good bus service into Manchester and Oldham, its less than a mile away from the nearest metrolink station. This property will tick most of the boxes for both prospective tenants and landlords.

So lets have a look at the figures. Properties of this type, location and condition will rent out at £475 – £525 per calendar month thus producing a really great rental yield of 8.57%.
If you are looking to invest in  Moston or anywhere in East & North Manchester  and would like any assistance, then please drop in to my offices on Moston Lane, Manchester for coffee and a chat, or call me on 0161 681 3724
Look forward to speaking to you soon!
 
Regards 
 
Mike Brown
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