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This month we sit down with our Investments Manager Neil outside a sunny restaurant to hear about the best property investment opportunities in Manchester. 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.
Every month we will be highlighting our pick for the best investment properties so be sure to come back every month to keep updated. If you can’t wait till February visit our website to see what other properties we have available to purchase here.
Featured Properties
Property 1 – Bower Street, Reddish
Firstly, we have a two-bedroom Edwardian mid-terrace in need of a full refurbishment. Once the refurbishment is done there is potential for the property to go on the market at £900 PCM, generating an incredibly attractive yield of 7.2%.
Asking Price: £150,000 | Yield: 7.2%
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Property 2 – Salisbury Street, Reddish
Our second investment property is a two-bedroom terraced house also in Reddish. This property comes with a long-term tenant already in situ and they are currently paying £675 PCM. There is room to increase this amount to be more reflective of the local market at around £850 PCM.
Asking Price: £155,000 | Yield: 6.5%
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Property 3 – Highbury Court, Heaton Mersey
The third and final property is a stunning one-bedroom apartment, which comes with the addition of a garage making it exceptionally attractive to a prospective tenant.
Asking Price: £145,000 | Yield: 5.7%
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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 to ensure you maximise your rental returns.
If you want to find out more about our available investment properties, contact Neil at 0161 434 5009 or email neil.ryder@philipjames.co.uk.
Read and watch the full video here
