Burton Place, Manchester M15 2 bed flat for sale

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Burton Place, Manchester M15 2 bed flat for sale

Burton Place, Manchester M15
£180,000

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
Price Change -5.26%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: 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 rented out for £1,000 per month, generating an annual gross yield of 6.31%, and has the potential to achieve a market rent of £1,750-£2,000 per month, yielding 11-12.6% annually. The property is situated in a prime location, close to local amenities and transport links, and is part of a vibrant neighborhood with a mix of industrial heritage and modern urban living. The property has been sold for similar prices in the area, with neighboring properties selling for £236,250 and £251,100. This is a potentially high-yielding investment opportunity that is open to immediate offers and will feature in an upcoming timed online auction.