Lakeside Rise, Manchester M9 2 bed flat for sale

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Lakeside Rise, Manchester M9 2 bed flat for sale

Lakeside Rise, Manchester, M9
£105,000

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 2-bedroom flat in Manchester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and 2 bedrooms. It currently generates an annual gross income of £9540, which could be increased to a market rate of £11,784 with long-term tenants already situated. The tenants have been consistently paying their rent for several years and have no plans to move out, making for a stable and worthwhile investment. With a competitive purchase price, this property is an excellent addition to any investor's portfolio, offering a strong potential for rental returns.