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1 bedroom flat for sale
Wilton Place, Salford M3
£94,000
Wilton Place, Salford M3
£94,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This studio flat in Manchester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a studio flat, lounge, kitchen, and bathroom, and is currently generating an annual gross income of £7,500. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £11,400, making it a worthwhile addition to an investment portfolio. The current tenants have been paying rent consistently for several years and have no intention of moving out, ensuring a smooth transition for the new owner.