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3 bedroom flat for sale
Chapel Street, Manchester, Greater Manchester, M3
£260,000
Chapel Street, Manchester, Greater Manchester, M3
£260,000
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 3-bedroom flat in Manchester is an excellent investment opportunity for those looking to expand their portfolio. The property features 3 bedrooms, 2 bathrooms, a spacious lounge, and kitchen, and currently generates an annual gross income of £16,800. With long-term tenants already in place, the new owner has the potential to increase the income to a market rate of £21,600. The property's purchase price makes it a worthwhile addition to an investor's portfolio, and the current tenants have consistently paid their rent and have no plans to move out. With a smooth transaction process in place, this is a fantastic opportunity for investors to make a valuable addition to their portfolio.