1 bedroom flat for sale

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1 bedroom flat for sale

Wilton Place, Manchester, M3
£96,500

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 studio flat in Manchester is a lucrative investment opportunity, with a current tenant in place and a rental income of £9,540 per annum. The property is well-maintained and features a studio flat, lounge, kitchen, and bathroom. With a purchase price that allows for a worthwhile addition to an investor's portfolio, the annual gross income could be increased to £11,400 with a market rate rent. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out, making for a stable and reliable investment.