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1 bed flat
Chester Road, Manchester M16
£120,000
Chester Road, Manchester M16
£120,000
Our Summary
- 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 studio flat in Manchester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a studio room, lounge, kitchen, and bathroom, and is currently producing an annual gross income of £11,436, which could be increased to £12,000 with a new owner. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a stable and predictable income stream. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.