JD M

Registered with Property118.com
Wednesday 7th October 2015


Latest Comments

Total Number of Property118 Comments: 2

JD M

10:11 AM, 5th February 2016, About 5 years ago

A Good Letting agent for Buy to Let Advice in Manchester?

Reply to the comment left by "Ozzy b." at "05/02/2016 - 00:00":

Hi Ozzy,

I am giving you this information purely for advise but you should do your own research too.

In Manchester you need to look into Ardwick, Longsight, Chorlton-on-Medlock with potential yield of 8.30% or more.

In Birmingham look into Nechells with 8.20% yield.

You can find a descent 2 bed house (which you can rent out straight away) around £90k price mark, which can be rented out for around £600-£650.

I would suggest looking for properties on rightmove and then calling agents, book several appointments and go check these properties yourself.

Do not buy student/HMO properties as it would require more time on maintaining the rent/repair etc. and also Do not buy new developments.

I am still looking into someone who can manage my Manchester portfolio.

Manchester/Birmingham is still affordable.

Good luck with your investment.

Regards,
JD.... Read More

JD M

11:56 AM, 4th February 2016, About 5 years ago

A Good Letting agent for Buy to Let Advice in Manchester?

Hi Ozzy,

I have done research for good rental yeilds in Manchester and now in process of buying 2 houses.

I would recommend using local agents in the area where rental yields are good. Let them also manage the property for you. I am still in talks with the local agent who has offered me management on 10% which i believe is a lot. You would also need a handyman to do your property maintenance as the local agent will try to rip on any repair cost.

Good luck with your purchase.

Regards,
JD.... Read More