Initial price	£88,000
18/11/23	£75,000
09/07/24	£55,000
Price Change	-37.50%

This studio flat in a development with intercom entry and lift access offers a fantastic 11.4% yield with a current annual rental income of £6,300, which has the potential to rise to £7,200 and 13% yield. The property is sold furnished with a double bed, sofa, wardrobe storage, and appliances, and benefits from excellent nearby transport links to Manchester City Centre and surrounding areas. The lease has 247 years remaining, with a ground rent charge of £500 per annum and a service charge of £113 per month. The property is being sold by Modern Method of Auction, allowing for a 56-day reservation period.