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2 bedroom flat for sale
Burton Place, Manchester M15
£190,000
Burton Place, Manchester M15
£190,000
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 is offering a 2-bedroom tenanted investment property in a sought-after location in Manchester, with a guide price of £190,000. The property is currently generating a rental income of £1,000 per month, which would yield an annual gross yield of 6.31%. The property has the potential to achieve market rent of between £1,750 and £2,000 per month, which would result in a gross yield of 11-12.6%. The property is situated in a prime location, close to local amenities, and has a strong demand in the area. The auction will take place online, and the property is open to immediate offers.