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3 bedroom terraced house for sale
Henbury Street, Manchester, M14
£163,000
Henbury Street, Manchester, M14
£163,000
Price History
Initial price | £190,000 |
16/04/24 | £187,000 |
25/04/24 | £184,000 |
01/05/24 | £181,000 |
08/05/24 | £178,000 |
15/05/24 | £175,000 |
23/05/24 | £172,000 |
30/05/24 | £169,000 |
06/06/24 | £166,000 |
13/06/24 | £163,000 |
19/06/24 | £160,000 |
27/06/24 | £157,000 |
09/07/24 | £169,000 |
22/07/24 | £166,000 |
02/08/24 | £160,000 |
09/08/24 | £157,000 |
16/08/24 | £154,000 |
25/08/24 | £169,000 |
08/09/24 | £166,000 |
12/09/24 | £163,000 |
Price Change | -14.21% |
Description
This 3-bedroom mid-terrace house in Manchester offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,600. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £13,800, making it a worthwhile addition to an investment portfolio. The current tenants have a good track record of paying their rent on time and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is an attractive option for investors looking to diversify their portfolio.