3 bedroom terraced house for sale

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3 bedroom terraced house for sale

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.