1 bedroom flat for sale

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1 bedroom flat for sale

John William Street, Manchester, M30
£120,000

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 a lucrative investment opportunity, with a current tenant already in place and generating an annual gross income of £10,200. With a market rate of £11,400, the new owner can increase the rental income by £1,200 per year. The property is well-maintained and features a lounge, kitchen, and bathroom, making it an attractive addition to any property portfolio. The current tenants have been living in the property for several years and have a good payment history, with no intention to move out. The seller is committed to a smooth transaction process, making this a great opportunity for investors looking to expand their portfolio.