1 bedroom flat for sale

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1 bedroom flat for sale

Seymour Grove, Manchester, Greater Manchester, M16
£133,000

Price History

Initial price £155,000
18/10/24 £152,000
26/10/24 £149,000
01/11/24 £147,000
08/11/24 £145,000
18/11/24 £135,000
21/11/24 £133,000
Price Change -14.19%

Description

This 1-bedroom flat in Manchester is an attractive investment opportunity, with a tenant currently in situ and producing an annual gross income of £11,400. The property is well-maintained and features one bedroom, lounge, kitchen, and ensuite, with potential to increase rental income to £13,800 with a new owner. The current tenants have been long-term residents, paying rent consistently for several years and have no plans to move out, providing a stable income stream for the new owner. With a purchase price that could yield a worthwhile return, this property is an excellent addition to an investor's portfolio.