Rental Yields: Autumn 2018

Urmston / Stretford Landlord Market Review

With the demand for rental accommodation remaining high, and showing no signs of tailing off, it is inevitable that many people will consider investing in property. It is important that landlords understand the various challenges posed by this work, including a wide range of regulations and administrative tasks, but with continual demand rising rental fees, it is only natural that people will believe this to be a fantastic option for them.

At VitalSpace, we are pleased to say we have helped many landlords enter the market and achieve success. We believe that there is no such thing as guaranteed success in the rental market but the more information you have and understand, the more likely it is you can make an informed decision. One of the most important pieces of information you need to have at your disposal when considering the rental market is the expected rental yield for the area you are looking at.

As you would expect from local property market specialists, VitalSpace is able to offer expected rental yields for Urmston and Stretford as of autumn 2018. If you would like to discuss these figures or find out more information on how to become a landlord (or expanding your property portfolio), get in touch with us.

Make an informed decision before investing in property.

Urmston is in the M41 postcode area of Greater Manchester while Stretford is found in the M32 postcode area of Greater Manchester. Rental yields in both area’s differ but according to the rental yield website, the expected returns offered by property are:

Urmston (M41)

• Expected rental yield on a one-bedroom property in M41 is 6.78%
• Expected rental yield on a two-bedroom property in M41 is 5.7%
• Expected rental yield on a three-bedroom property in M41 is 5.02%
• Expected rental yield on a four-bedroom property in M41 is 3.93%
• >Expected rental yield on a five-bedroom property in M41 is 4.31

Stretford (M32)

• Expected rental yield on a one-bedroom property in M32 is 7.73%
• Expected rental yield on a two-bedroom property in M32 is 5.82%
• Expected rental yield on a three-bedroom property in M32 is 5.51%
• Expected rental yield on a four-bedroom property in M32 is 5.96%
• Expected rental yield on a five-bedroom property in M32 is 4.86%

It is possible to improve on the expected rental yields

While some of these expected rental yields are attractive, it should be remembered that they are only accumulative for the individual markets. It should also be remembered that there are several changes and improvements that can be made to a property to improve its rental yield and at VitalSpace, we can guide our landlords to ensure you create the best return from your investment.

Our experienced lettings team have helped many landlords and investors maximise their rental yield. Irrespective of your location or the current condition of your home, there are ways to make the property more appealing to tenants, allowing you to create a better return.

We can also assist you in finding the right tenants and making sure you let to the best possible tenant. No matter what assistance you need as a local landlord or property investor, Vital Space is the ideal firm to help you achieve success in Urmston or Stretford.

If you are looking for support in maximising your property investment return, contact VitalSpace and we will be more than happy to assist you.

Click the link below for a FREE no obligation appointment and our Director will visit your property to see how we can help get you moving.

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