This month, our Investments Manager, Neil Ryder, is sharing his top three investment properties for February. As a leading authority on Manchester investment properties, Neil is sharing his insights from the recent Let’s Talk Property networking event held at the Edwardian Hotel in central Manchester. These properties have been carefully selected based on their potential for strong returns and we’re excited to share them with you. So, let’s dive into Neil’s picks and see what makes them such compelling investment opportunities.
Wilmslow Road, Didsbury | Asking Price: £200,000 | Rental Income: £1,000 PCM | Yield: 6%
Our first property is a stunning two bedroom duplex in a wonderful Victorian conversion. This apartment’s stunning features and attractive yield of 6% makes it a popular property for investors and tenants alike. The property benefits from tidy decoration, and being located within strolling distance to Withington and West Didsbury village.
Palatine Place, Northenden | Asking Price: £190,000 | Rental Income: £1,100 PCM | Yield: 7%
Our second property is new to the market. Palatine Place is a bright and spacious two bedroom apartment, occupying a second floor position within a sought after development. Located within a stone’s throw of Northenden village and the river Mersey, it has excellent commuter links for any tenants.
Cavendish House, West Didsbury | Asking Price: £200,000 | Rental Income: £950 PCM | Yield: 5.7%
Our third and final property is a fantastic investment opportunity, with tenants currently in situ until August 2022. This impressive two bedroom with well-presented accommodation throughout, makes it incredibly attractive to potential tenants when considering it’s convenient location.
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@philipjames.co.uk.
Watch the full video here and read last month’s article here.