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Chapeltown Street, Manchester M1 1 bed flat for sale
Chapeltown Street, Manchester M1
£132,300
Chapeltown Street, Manchester M1
£132,300
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 spacious and well-maintained 1-bedroom flat in Manchester offers a reliable long-term investment opportunity. The property features a comfortable layout with one bedroom, lounge, kitchen, and ensuite, and is situated in a desirable area with various amenities within walking distance. Currently generating an annual gross income of £11,100, the property has the potential to increase its rental returns to a market rate of £13,800 with long-term tenants already in place. The tenants, who have been in the property for several years, have a good track record of paying their rent on time and have no intention of moving out, making for a smooth transition for the new owner. With a Let Property Pack available for further details, this property presents a worthwhile addition to any investor's portfolio.