Studio flat for sale

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Studio flat for sale

Clippers Quay, Manchester, M50
£85,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This studio flat in Manchester is a great investment opportunity for those looking to expand their portfolio. The property features one bedroom, a lounge, kitchen, three-piece bathroom, balcony, and parking space, and is currently producing an annual gross income of £9,000. With the current tenants situated and willing to stay, the new owner could increase the rental income to a market rate of £10,752. The property is well-kept and has a tenant already in place, making it a worthwhile addition to an investor's portfolio. The current tenants have consistently paid their rent and have no plans to move out, allowing for a smooth transaction process.