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2 bed property
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Our Summary
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Location: Castlefield, located in the heart of Manchester, presents an exciting investment opportunity in one of the city's most vibrant neighbourhoods
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Description
Prime Property Auctions presents a 2-bedroom tenanted investment property in a sought-after location in Manchester, with a guide price of £190,000. The property is currently rented out for £1,000 per month, generating an annual gross yield of 6.31%. With the potential to achieve a market rent of £1,750-£2,000 per month, the property could generate an impressive gross yield of 11-12.6%.
The property is located in Castlefield, a vibrant neighborhood with excellent transport links, proximity to Manchester city center, and a diverse range of investment prospects. The property is being offered at a fantastic price to ensure an auction sale and will feature in an upcoming timed online auction.