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Burton Place, Manchester M15 2 bed flat for sale
Burton Place, Manchester M15
£185,000
Burton Place, Manchester M15
£185,000
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 summary of the property description in a single paragraph:
Prime Property Auctions presents a 2-bedroom tenanted investment property in Manchester's sought-after Castlefield area, with a guide price of £190,000. The property is currently generating an annual gross yield of 6.31% with a rental income of £12,000, and has the potential to achieve a gross yield of 11-12.6% with a market rent of £21,000-24,000. The property is situated in a prime location, close to local amenities and transport links, and has seen recent sales evidence of similar properties in the area achieving high prices. The property is open to immediate offers and will feature in an upcoming timed online auction, offering investors a fantastic opportunity to capitalize on the area's growing property market and potential for high yields.