Chapeltown Street, Manchester M1 1 bed flat for sale

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Chapeltown Street, Manchester M1 1 bed flat for sale

Chapeltown Street, Manchester M1
£137,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Manchester is a valuable investment opportunity, offering a reliable and long-term source of rental income. The property is in good condition and features a spacious layout, including a bedroom, lounge, kitchen, and ensuite. Currently, it generates an annual gross income of £11,100, which could be increased to £13,800 with new tenants. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out. With a strong rental yield and potential for increased income, this property is an attractive addition to any investor's portfolio.