>
1 bedroom apartment for sale
Chadwick Close Rusholme Manchester
£110,000
Chadwick Close Rusholme Manchester
£110,000
Our Summary
- so good potential
Description
---
**[INST]<>**
As a landlord, I would be very interested in this property as it is let at a below market rent, which indicates potential for rental growth. The property's location is excellent, being close to the University and City Centre, which should make it attractive to students and professionals alike. The fact that the current tenant has been in occupation for a number of years suggests stability and a well-maintained property. With a current yield of 5.2%, this property offers a good return on investment, and the potential to increase the rent to market rates in the future could provide even greater returns.
**[INST]<>**
As an estate agent, I would highlight this property's investment potential to my clients. The below market rent suggests that there is room for rental growth, and the property's prime location near the University and City Centre is a significant draw for potential tenants. The long-term tenant indicates a stable income stream, which is attractive to investors. With a current yield of 5.2%, this property is a strong contender for investors looking for a solid return on their investment.
**[INST]<>**
As a tenant, I would be interested in this property due to its excellent location, being close to the University and City Centre, which offers convenient access to amenities, transport links, and social activities. The property itself seems well-maintained, and the fact that the rent is below market rate is a significant advantage. However, as a tenant, I would be curious about the reasons for the current rent being lower than market rates and whether there are plans to increase it in the near future.
**[INST]<>**
As a valuer, I would consider this property's value based on its current rental income and its potential for growth. The below market rent provides a buffer for future rent increases, which is a positive factor in the property's valuation. The prime location and the fact that the property has a long-term tenant add to its stability and desirability. With a current yield of 5.2%, the property is competitively priced and offers a good investment opportunity.