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Burton Place, Manchester M15 2 bed flat for sale
Burton Place, Manchester M15
£175,000
Burton Place, Manchester M15
£175,000
Price History
| Initial price | £190,000 |
| 25/05/24 | £188,000 |
| 09/10/24 | £182,000 |
| 15/11/24 | £190,000 |
| 11/03/25 | £185,000 |
| 20/08/25 | £180,000 |
| 29/09/25 | £175,000 |
| 07/10/25 | £180,000 |
| 12/10/25 | £175,000 |
| 21/10/25 | £180,000 |
| 27/10/25 | £175,000 |
| 31/10/25 | £180,000 |
| 10/11/25 | £175,000 |
| Price Change | -7.89% |
Description
This 2-bedroom tenanted investment property in Manchester's sought-after Castlefield area is being offered at a guide price of £190,000. The property is currently generating a rental income of £1,000 per month, equivalent to an annual gross yield of 6.31%. However, it's believed that the property could achieve a market rent of between £1,750 and £2,000 per month, resulting in a gross yield of 11-12.6%. The property is situated in a prime location, close to local amenities and transport links, and is part of a regeneration area with strong demand. With a potential for high yields and a unique blend of industrial heritage and modern urban living, this property presents an exciting investment opportunity in one of Manchester's most vibrant neighbourhoods.