Chester Road, Manchester M16 Studio for sale

>

Chester Road, Manchester M16 Studio for sale

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 lucrative investment opportunity for those looking to expand their portfolio. The property is located close to amenities, has a current tenant in place, and generates an annual gross income of £11,436, which could be increased to £12,000 with a new owner. The property is well-maintained and features a studio room, lounge, kitchen, and bathroom. The current tenants have a long-standing history of timely rent payments and have no intention of moving out, making it an attractive option for investors seeking a stable and reliable income stream.