Initial price	£510,000
09/11/24	£150,000
18/11/24	£147,000
Price Change	-71.18%

This property is a block of three 2-bedroom flats located in Manchester, each currently generating steady rental returns for the current landlord. The flats are fully furnished and feature modern kitchens, bathrooms, and lounges, with excellent local transport links. The properties are leasehold for 125 years from 2008, with annual ground rent and service charges of £500 and £2,774 respectively. The current annual gross income is £36,300, which could be increased to £37,200 by the new owner with long-term tenants already in place. With a potential increase in income and a worthwhile addition to an investor's portfolio, this is an attractive opportunity for those looking to invest in Manchester's property market.