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2 bed terraced house
Elm Drive, Chapelhall ML6
£110,000
Elm Drive, Chapelhall ML6
£110,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom mid-terrace villa in Chapelhall offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features spacious bedrooms, a lounge with open-plan dining area, a well-equipped kitchen, a three-piece bathroom, and a private rear garden with driveway parking. Currently, the property generates an annual gross income of £9,000 from a tenant who has been in situ for several years and has consistently paid rent. With a purchase price and potential rental income, this property has the potential to be a worthwhile addition to an investor's portfolio. The current tenants are committed to remaining in the property, and the vendor is committed to facilitating a smooth transaction process.