Chapeltown Street, Manchester M1 1 bed flat for sale

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Chapeltown Street, Manchester M1 1 bed flat for sale

Chapeltown Street, Manchester M1
£137,500

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
Price Change -3.85%

Description

This spacious and well-maintained 1-bedroom flat in Manchester offers a lucrative investment opportunity for long-term investors. The property is in good condition and features a bedroom, lounge, kitchen, and ensuite, and is currently generating an annual gross income of £11,100. With a market rate of £13,800, the new owner has the potential to increase the rental income. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and reliable income stream. With its proximity to various amenities and potential for rental growth, this property is a worthwhile addition to any investor's portfolio.