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2 bedroom 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
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Here is a summarized version of the property description in a single paragraph:
Prime Property Auctions presents a 2-bedroom tenanted investment property in a sought-after location in Manchester, with a guide price of £190,000. The property is currently rented for £1,000 PCM, generating an annual gross yield of 6.31%, and has the potential to achieve a market rent of £1,750-£2,000 PCM, resulting in a gross yield of 11-12.6%. The property is situated in a prime location, close to local amenities, and has a history of strong sales in the area, with similar properties selling for £236,250 and £251,100. With a tenanted property and a competitive guide price, this is an exceptional opportunity for investors to secure a high-yielding investment in Manchester.