2 bedroom flat for sale

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2 bedroom flat for sale

212 Burton Place, Manchester, M15 4LR
£175,000

Price History

Initial price £190,000
25/05/24 £188,000
09/10/24 £182,000
18/11/24 £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
Price Change -7.89%

Description

Prime Property Auctions presents a 2-bedroom tenanted investment property in a sought-after location in Manchester, with a guide price of £190,000. The property is currently generating a rental income of £1,000 per month, with a potential gross yield of 6.31%. However, it could achieve a market rent of £1,750-£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 has seen strong sales in the area recently. The property itself features an entrance hallway, living room/dining room, two bedrooms, WC, and balcony. With a tenanted property, investors can capitalize on the growing demand in Manchester and benefit from the potential for high yields.