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Stillwater Drive, Manchester M11 1 bed flat for sale
Stillwater Drive, Manchester M11
£110,000
Stillwater Drive, Manchester M11
£110,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- 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 1-bedroom flat in Manchester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious bedroom, open-plan lounge and dining area, a well-equipped kitchen, and a three-piece bathroom. With a shared private parking and convenient location near Metrolink and bus services, this property is highly sought after. Currently, the property is generating an annual gross income of £10,740 with tenants already situated, and with a potential for future rental income, this could be a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention of moving out, making for a smooth transition.