2 bedroom flat for sale

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2 bedroom flat for sale

Cheetham Hill Road, Manchester M4
£256,000

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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently producing an annual gross income of £18,000 and has long-term tenants in place, who have consistently paid their rent and have no plans to move out. With a market rate of £24,000, the new owner can increase the rental income by £6,000 per year. The property is well-kept and features 2 bedrooms, a lounge, kitchen, and ensuite, making it a worthwhile addition to any investment portfolio. The current tenants are committed to staying in the property, and the agent is committed to facilitating a smooth transaction process to ensure a successful sale.
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