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
£145,000

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 and long-term investment opportunity. The property is in good condition and features a bedroom, lounge, kitchen, and ensuite, and currently generates an annual gross income of £11,100. With a market rate of £13,800, there is potential to increase the income with new tenants. 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 stable and predictable income stream. The property is a worthwhile addition to an investor's portfolio, with Let Property Sales committed to facilitating a smooth transaction process.