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
Price Change -5.26%

Description

Prime Property Auctions presents a 2-bedroom tenanted investment property in Manchester's sought-after Castlefield location, with a guide price of £190,000. The property is currently generating a rental income of £1000 PCM, equivalent to a 6.31% annual gross yield. With the potential to achieve a market rent of £1750-£2000 PCM, the property could yield an impressive 11-12.6% gross yield. The property features an entrance hallway, living room/dining room, two bedrooms, a WC, and a balcony. The location is close to local amenities, bars, restaurants, and the canal towpath, making it an attractive investment opportunity. The property is open to immediate offers, and the auction will feature in an upcoming timed online auction.