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Manchester Street, Manchester M16 6 bed flat for sale
Manchester Street, Manchester, M16
£380,000
Manchester Street, Manchester, M16
£380,000
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 is a rare investment opportunity to acquire three fully furnished, 2-bedroom residential flats in Manchester, each generating steady rental returns for the current landlord. The properties, located on Manchester Street, feature modern kitchens, lounges, and bathrooms, with fantastic local transport links. Each flat is leasehold for 125 years from 2008, with annual ground rent and service charges of £500 and £2774 respectively. The current annual gross income is £36,300, which could be increased to £37,200 with long-term tenants already in place. With a potential return on investment, this is a worthwhile addition to any property portfolio. The properties are currently fully furnished, making them an attractive option for investors seeking a hassle-free investment.