Mere Drive, Swinton M27 1 bed flat for sale

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Mere Drive, Swinton M27 1 bed flat for sale

Mere Drive, Swinton M27
£81,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Manchester is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a modern lounge, kitchen, and three-piece bathroom, as well as allocated parking. Currently, the flat produces an annual gross income of £7,800, which could be increased to a market rate of £10,200 with the right tenant. The property is already tenanted, with the current occupants having consistently paid their rent and having no plans to move out. With a worthwhile rental return and a tenant in situ, this is a fantastic chance for investors to add to their portfolio.