1 bed flat

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1 bed flat

Chapeltown Street, Manchester M1
£129,000

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)

Description

This spacious and well-maintained 1-bedroom flat in Manchester offers a reliable investment opportunity for investors seeking a long-term return. The property features a good condition, with one bedroom, lounge, kitchen, and ensuite, and currently generates an annual gross income of £11,100. With a market rate potential of £13,800, the new owner can increase the income by negotiating with the current tenants, who have a long-term lease and have consistently paid their rent. The property is situated in an area with various amenities within walking distance, making it an attractive option for investors looking to add to their portfolio.