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Manchester Street, Manchester M16 6 bed flat for sale
Manchester Street, Manchester, M16
£375,000
Manchester Street, Manchester, M16
£375,000
Price History
Initial price | £510,000 |
09/11/24 | £150,000 |
18/11/24 | £147,000 |
22/11/24 | £145,000 |
28/11/24 | £143,000 |
05/12/24 | £141,000 |
07/12/24 | £450,000 |
13/12/24 | £400,000 |
20/12/24 | £395,000 |
02/01/25 | £390,000 |
17/01/25 | £380,000 |
30/01/25 | £375,000 |
Price Change | -26.47% |
Description
This property investment opportunity in Manchester consists of three 2-bedroom flats, each fully furnished and generating steady rental returns. The properties are located in a desirable area with excellent local transport links and feature modern kitchens, lounges, and bathrooms. The current tenants are situated, and the annual gross income is £36,300, which could be increased to £37,200 with long-term tenants. The leasehold properties have 125 years remaining from 2008, and the annual ground rent and service charge are £500 and £2774, respectively. The investment potential is substantial, making it an attractive addition to any property portfolio. With a current purchase price, this could be a worthwhile investment for investors looking to generate a steady income.