When you purchase a buy-to-let investment property through Philip James, you gain access to some of Manchester’s best performing, and exclusive properties before they go on the market.
Our Investments Manager Neil gives a rundown of our top three investment properties this month, and this is just an example of the types of properties you can buy through us.
Property 1
First up we have a beautiful, modern apartment in the iconic Beetham Tower. This one bedroom, one bathroom property situated on the 36th floor generates a 5.2% yield equal to £950 per calendar month. It’s popular location and convenient access to major transport routes makes it an ideal rental home for a young professional, and therefore a great buy-to let investment property. Asking price: £215,000. Property listing here.
Property 2
For those seeking to invest in the suburbs our two bedroom, two bathroom property on Salisbury Street in Reddish yields £675 per calendar month, the equivalent of 4.91%. This attractive yield, combined with lack of onward vendor chain, and the areas popularity with families means that it will be a stress free process to let out for any investor. Not only is this property desirable for investors and tenants alike, there is also room to uplift the rent increasing its appeal. Be sure to get in touch quickly as it is likely to be snapped up quickly. Offers over: £155,000. Property listing here.
Property 3
Our third and final top pick of November is Melland Road in Gorton. It’s unheard of yield of 6.6% and high quality finish make it a low maintenance, high return investment a prospective landlord. The property comes with three bedrooms, two bathrooms, and off street parking. Asking price: £200,000.
What is important to remember when it comes to property investment is that you do not have to be a full-time landlord to be an investor. When working with Philip James, we can help you professionally manage your assets ensuring you can maximise your rental returns and safeguard your future.
If you want to find out more about our available investment properties, contact Neil on 0161 434 5009 or email at neil.ryder@philipjames.co.uk.