>
Deansgate, Manchester M3 2 bed flat for sale
Deansgate, Manchester M3
£305,000
Deansgate, Manchester M3
£305,000
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 2-bedroom flat in Manchester offers a fantastic investment opportunity for those looking to expand their portfolio. The property currently produces an annual gross income of £15,600, but with long-term tenants already in place, the new owner could increase the rental income to a market rate of £24,000. The property features two bedrooms, two bathrooms, a spacious lounge, and kitchen, and is located in an area with valuable amenities nearby. The current tenants have been paying rent consistently for several years and have no intention of moving out, making for a stable and reliable investment.