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Gorton Road (Flat A & Flat B), Reddish 1 bed flat for sale
Gorton Road (Flat A & Flat B), Reddish
£230,000
Gorton Road (Flat A & Flat B), Reddish
£230,000
Our Summary
- INVESTORS WELCOME – CASH BUYERS ONLY
- We are delighted to present this exceptional investment opportunity – a well-maintained terrace property converted into two self-contained one-bedroom flats, ideally situated in the vibrant and sought-after area of Reddish
Description
This is an exceptional investment opportunity in the heart of Reddish, a vibrant and sought-after area with excellent transport links and reputable local schools. The property, a well-maintained terrace house, has been converted into two self-contained one-bedroom flats, generating a total rental income of £1,650 per month, with a gross yield of 8.6%. The flats are fully tenanted, with fixed-term contracts in place, providing immediate income and stability. Flat 428A is on the ground floor, featuring an open-plan living/kitchen area, modern bathroom, and spacious bedroom, while Flat 428B is on the first and second floors, boasting an open-plan living/kitchen space, stylish bathroom, and a converted loft bedroom. With strong rental demand and a prime location, this property is perfect for investors seeking a secure income and strong returns in one of Greater Manchester's fastest-growing areas.