1 bed flat

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1 bed flat

Chapeltown Street, Manchester M1
£129,000

Price History

Initial price £143,000
03/12/24 £141,000
11/12/24 £155,000
17/12/24 £152,000
31/12/24 £149,000
07/01/25 £147,000
13/01/25 £145,000
28/01/25 £143,000
15/04/25 £145,000
26/04/25 £137,500
29/06/25 £137,000
08/08/25 £135,000
10/10/25 £130,000
23/10/25 £132,300
03/12/25 £129,000
Price Change -9.79%

Description

This spacious and well-maintained 1-bedroom flat in Manchester offers a reliable investment opportunity for investors seeking a long-term return. The property features a good condition, with one bedroom, lounge, kitchen, and ensuite, and currently generates an annual gross income of £11,100. With a market rate potential of £13,800, the new owner can increase the income by negotiating with the current tenants, who have a long-term lease and have consistently paid their rent. The property is situated in an area with various amenities within walking distance, making it an attractive option for investors looking to add to their portfolio.