2 bedroom flat for sale

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2 bedroom flat for sale

Simpson Street, Manchester, Greater Manchester, M4
£255,000

Our Summary

  • This well-kept home features the apartment is within the 1-billion-pound NOMA regeneration zone which is in the middle of Manchester most up and coming district means that over the medium to long term there will be a significant capital uplift on the apartment , the management company allows short term corporate lets which can maximise rental yields, A 5-6 minute walk from Manchester Victoria Station and Major Transport Links, The Arndale Centre, Deansgate and The Northern Quarter
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 2-bedroom flat in Manchester is a lucrative investment opportunity for those looking to expand their portfolio. The property is located in the heart of the NOMA regeneration zone, which is expected to see significant capital growth in the medium to long term. The apartment is currently rented out, producing an annual gross income of £19,200, and has the potential to increase to £24,000 with the right tenants. With a 5-6 minute walk to Manchester Victoria Station and major transport links, the property is well-located for commuters. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable income stream for the new owner. With a worthwhile addition to an investor's portfolio, this property offers a great opportunity for those looking to maximize their rental yields.
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