I've spotted this
1 bed apartment come to the market on Cranleigh Drive, which is just off London Road, the only thing I would recommend is done to it, is replace the
carpets with a nice neutral flooring, this will make it appeal to a much wider
market.
Properties in this
area have been renting for £695 for a 1 bed apartment, which when you do the
calculations against the asking price of £135,00, could look to generate you a
gross yield of 6.1%.
This area is
popular for tenants due to the location, not being too far from the city centre
and they tend to offer decent sized accommodation.
We are finding at
the moment that there is not much property coming to the market, so when
anything new comes on, it is going pretty quickly, it's not just me saying it,
the results speak for themselves!
If I were you and
I liked this property, I would get down to the selling agent today, Heres the Zoopla link for you
http://www.zoopla.co.uk/for-sale/details/33698315?
If you would like
any advice on investing in property, in Leigh, feel free to come into our
office on Broadway west
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