Chapeltown Street, Manchester M1 1 bed flat for sale

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Chapeltown Street, Manchester M1 1 bed flat for sale

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 1-bedroom flat in Manchester is a great investment opportunity, offering a reliable and long-term income stream. The property is in good condition and features a bedroom, lounge, kitchen, and ensuite, with a current annual gross income of £11,100. With a market rate of £13,800, the new owner has the potential to increase the rental income. The current tenants have been long-term residents, paying rent consistently for several years, and have no intention of moving out. The property is well-located, with various amenities within walking distance, making it an attractive option for investors looking to add to their portfolio.