Warwick Road, Old Trafford M16 2 bed flat for sale

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Warwick Road, Old Trafford M16 2 bed flat for sale

Warwick Road, Old Trafford M16
£189,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Manchester is a lucrative investment opportunity for property investors. The property is located near desirable amenities and already generates a annual gross income of £15,000 from its current tenant, who has been in residence for several years and has consistently paid rent on time. With a market rate of £16,800, the new owner can increase the rental income by £1,800 per year. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, and ensuite. With a tenant already in place, the new owner can expect a smooth transition and minimal vacancy time, making this a worthwhile addition to any property portfolio.