Property management in Prestwich, Manchester

2 bed rent

£1,055 a month

3 bed rent

£1,355 a month

Typical sale price

£290,550

Gross yield

4.0%

Read around M25. Rents are advertised rents; the sale price is the average of completed sales in the last twelve months.

Prestwich sits within the borough of Bury, between Manchester city centre and Bury itself, and rents here tend to sit around the middle of the Greater Manchester range, reflecting its position as a settled residential suburb rather than a town centre or inner city area. Housing is largely semi-detached and terraced, with some larger detached properties in the streets closer to Heaton Park.

The Prestwich Metrolink stop gives a direct tram route into Manchester city centre, making the area popular with commuters who want a suburban setting without a long journey to work. Heaton Park, one of the largest municipal parks in the country, sits on the edge of Prestwich and is a well known local landmark, adding to the area's appeal for families and dog owners alike.

The tenant base in Prestwich is largely made up of families and professional commuters, drawn by the combination of the park, local schools and the tram link into the city. For a landlord, this tends to mean demand for semi-detached and terraced family housing rather than flats, and tenants in the area often look for a longer term let once settled, supporting more stable occupancy over time. Prestwich village itself retains a good range of independent shops and cafes, and this everyday convenience, combined with the park and the tram stop, means well presented semi-detached houses here rarely stay on the market for long, particularly those within a short walk of the tram stop. For a landlord, understanding this specific mix of families and professionals commuting by tram matters when setting a fair rent and preparing a property, since it shapes both how quickly a home is likely to let and the kind of presentation these tenants expect.

• Rent collected and paid to you within 3 working days of your tenant paying
• Your rent held in a ring-fenced client account, separate from Caso's own money, until it is paid to you
• Tenant calls and messages answered 24 hours a day, every day
• Repairs assessed, priced and arranged for you, charged at the contractor's invoice with no markup
• A monthly statement for each property, with every invoice attached, in your portal
• Late rent chased from the first day it is overdue, with a dated record
• Tenancy agreement drawn up and signed online
• Renewals, changes of tenant and legal notices prepared and served
• Rent reviewed every year and the Section 13 rent increase notice served for you
• Deposit protected with the Tenancy Deposit Scheme within 30 days, and the deposit paperwork the law requires served on your tenant
• Deposit deductions agreed and the deposit returned at the end of the tenancy
• Gas safety, electrical safety and energy certificates renewed before they expire, at cost
• Smoke and carbon monoxide alarms checked and recorded
• Council landlord licence applied for where your area needs one, and its renewal date tracked
• Optional: rent guarantee at cost, with no markup. You are paid even when the tenant does not pay.

Selective or HMO licence (council licence). Bury Council reviews its selective and additional licensing schemes from time to time, and schemes can cover named wards or streets only. We check the register against your exact address before the first tenancy.