Lord Street, Manchester M4 1 bed flat for sale

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Lord Street, Manchester M4 1 bed flat for sale

Lord Street, Manchester, M4
£170,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • 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 fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious lounge, fully-equipped kitchen, three-piece bathroom, and access to a balcony, as well as a private underground parking space. Currently, the property generates an annual gross income of £11,400 with tenants already in situ, and with the potential for future rental income, it's a worthwhile addition to any investor's portfolio. The current tenants have been consistently paying their rent for several years and have no intention of moving out, making for a smooth transaction process.