Initial price	£190,000
25/05/24	£188,000
09/10/24	£182,000
18/11/24	£190,000
11/03/25	£185,000
Price Change	-2.63%

Prime Property Auctions presents a 2-bedroom tenanted investment property in Manchester's sought-after Castlefield area, with 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%. With a potential market rent of £1,750-£2,000 per month, the property could achieve a gross yield of 11-12.6%. The property features a spacious living room, two bedrooms, and a balcony, and is located close to local amenities and transport links. The area has seen strong sales recently, with similar properties selling for £236,250 and £251,100. The property is available for immediate offers and will feature in an upcoming timed online auction.