1 bedroom flat for sale

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1 bedroom flat for sale

Mere Drive, Manchester, Greater Manchester, M27
£83,000

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 1-bedroom flat in Manchester offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features a modern lounge, kitchen, three-piece bathroom, and allocated parking, all in good condition. Currently producing an annual gross income of £7,800, the property has the potential to increase to a market rate of £10,200 with the new owner. The current tenants, who have consistently paid their rent, are willing to remain in the property, making for a smooth transition. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.