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2 bedroom flat for sale
212 Burton Place, Manchester, M15 4LR
£185,000
212 Burton Place, Manchester, M15 4LR
£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:
This 2-bedroom tenanted investment property in Manchester is being sold at 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%. However, it is estimated that the property could achieve a market rent of between £1,750 and £2,000 per month, giving a gross yield of 11-12.6%. The property is located in a prime area of Manchester, close to local amenities and transport links, and has a history of strong sales in the area. The property itself is in good condition and features a living room, two bedrooms, a kitchen, and a bathroom, as well as a balcony. With its strong rental income and potential for further growth, this property presents a great investment opportunity for those looking to capitalize on Manchester's thriving property market.