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1 bedroom flat for sale
Chapeltown Street, Manchester, M1
£145,000
Chapeltown Street, Manchester, M1
£145,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This spacious and well-maintained 1-bedroom flat in Manchester offers a reliable and long-term investment opportunity. The property is in good condition and features a bedroom, lounge, kitchen, and ensuite. It currently generates an annual gross income of £11,100, which could be increased to a market rate of £13,800 with long-term tenants already in place. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a low-risk investment. With a worthwhile addition to an investor's portfolio, this property presents a great opportunity for those looking for a reliable and rewarding rental return.