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6 bedroom flat for sale
Manchester Street, Manchester, Greater Manchester, M16
£145,000
Manchester Street, Manchester, Greater Manchester, M16
£145,000
Price History
Initial price | £510,000 |
09/11/24 | £150,000 |
18/11/24 | £147,000 |
22/11/24 | £145,000 |
Price Change | -71.57% |
Description
This property consists of three 2-bedroom flats located in Manchester, each with a lounge, modern kitchen, bathroom, and convenient local transport links. The flats are fully furnished and leasehold with 125 years remaining on the lease. The current tenants are generating a steady income of £36,300 per annum, which could be increased to £37,200 with market-rate rents. The annual ground rent and service charge are £500 and £2,774 respectively. With a purchase price, this could be a worthwhile addition to an investor's property portfolio. The properties are currently generating a steady, rewarding rental return for the current landlord, making it a brilliant opportunity for investors looking for a rewarding investment.