This is the second property I have sourced in the Heywood region.
It's a 3-bedroom terraced property.
Area: Promenade Street, Heywood
Purchase Price: £102,000
Total cash in: £106,642
Rent: £600 / £7,200
Net Yield: 6.6%
Heywood is a popular location with renters and this property is in good condition. With future plans to add a Metrolink station in Heywood, this will drastically cut journey times into central Manchester. This will likely have a positive impact on both rental and purchase prices in the area.