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Price History
Our Summary
- The apartment would benefit from full refurbishment, with an estimated market rent of around £1,100 pcm once modernised, offering strong potential returns
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Description
This studio apartment is located in a purpose-built development, just minutes from Trafford Bar Metrolink station and within easy reach of Manchester city centre. The property is currently let at £650 per month, with a long-standing tenant in place since 2001. However, it would benefit from a full refurbishment, which could increase the rent to around £1,100 per month, offering strong potential returns.
The flat features an open plan living/bedroom area, separate kitchen, and bathroom, with gated access, secure allocated parking, lift access, and video entry. The property is situated in a well-connected residential area with local amenities, shops, and sporting venues nearby, and is just a short distance from Old Trafford football and cricket grounds. With a 999-year leasehold and a current tenancy in place, this property offers a unique investment opportunity for serious buyers.