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2 bedroom flat for sale
Cheetham Hill Road, Manchester, M4
£246,000
Cheetham Hill Road, Manchester, M4
£246,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom flat in Manchester offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is well-kept and features two bedrooms, a lounge, kitchen, and an ensuite. Currently, it generates an annual gross income of £18,000, which could be increased to £24,000 with long-term tenants already in place. The tenants, who have been in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable source of income for the new owner. With a purchase price that allows for a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate rewarding rental returns.