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Taylor Street, Rochdale OL12 2 bed terraced house for sale
Taylor Street, Rochdale OL12
£130,000
Taylor Street, Rochdale OL12
£130,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom mid-terrace house in Rochdale is a fantastic investment opportunity, currently generating an annual gross income of £9,000 with long-term tenants in place. With a purchase price, the annual yield is 6.3%, and with some minor improvements, the rent could be increased to a market rate of £13,800, making it a worthwhile addition to any property portfolio. The current tenants, who have been in the property for several years, have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to amenities and potential for increased rental returns, this property is an attractive option for investors looking to expand their portfolio.