I’ve come across this great two bedroom end terrace house in Southgate Road that looks ready for immediate occupation for tenants. The property is available via Concentric for £69,995 and you would achieve a rental income of between £460 and £475 per month making this a 8% gross rental yield.
The property is located in the heart of Old Swan so benefits from being close to supermarkets, shops and banks as well as having great links to the City Centre and the M62 Motorway.
Old Swan is my favourite area for rental properties as properties can be purchased for good prices as well as attracting quality tenants.
The property is new on the market so the owner may not be willing to listen to offers but I would always do my best to try to negotiate a better price as prices have varied from as high as £94,000 at it’s peak to as little as £50,000. Click here to view historical prices on Southgate Road
Here are the property details for you to take a look at CLICK HERE
As always, I appreciate your comments regarding the properties I post or the articles that I write