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1 bedroom flat for sale
John William Street, Eccles M30
£135,000
John William Street, Eccles M30
£135,000
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 an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, and bathroom, with a current annual gross income of £10,200. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £11,400. The tenants have a good track record of paying their rent on time and have no plans to move out, making for a stable and predictable income stream. With a competitive purchase price, this property is a worthwhile addition to any investor's portfolio.