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Burton Place, Manchester M15 2 bed flat for sale
212 Burton Place, Manchester, M15 4LR
£180,000
212 Burton Place, Manchester, M15 4LR
£180,000
Our Summary
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Location: Castlefield, located in the heart of Manchester, presents an exciting investment opportunity in one of the city's most vibrant neighbourhoods
Description
Prime Property Auctions presents a 2-bedroom tenanted investment property in Manchester's sought-after Castlefield neighborhood, with a guide price of £190,000. The property is currently rented out for £1,000 per month, generating an annual gross yield of 6.31%, and has the potential to achieve a market rent of £1,750-£2,000 per month, resulting in a gross yield of 11-12.6%. The property is situated in a prime location, close to local amenities and transport links, and is part of a neighborhood that has seen strong demand and sales recently. With a potential annual gross yield of 11-12.6%, this property offers a lucrative investment opportunity in one of Manchester's most vibrant neighborhoods.