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1 bedroom flat for sale
Chapeltown Street, Manchester, M1
£132,300
Chapeltown Street, Manchester, M1
£132,300
Price History
| Initial price | £137,500 |
| 29/06/25 | £137,000 |
| 09/08/25 | £135,000 |
| 11/10/25 | £130,000 |
| 23/10/25 | £132,300 |
| Price Change | -3.78% |
Description
This spacious and well-maintained 1-bedroom flat in Manchester offers a reliable and long-term investment opportunity. The property features a good condition with 1 bedroom, lounge, kitchen, and ensuite, and is currently generating an annual gross income of £11,100. With a market rate potential of £13,800, the new owner can increase the rental income by attracting new tenants. The current tenants, who have lived in the property for several years, have a consistent rental payment history and intend to remain in the property. With a worthwhile addition to an investor's portfolio, this property offers a solid investment opportunity with a potential annual yield of 7.4%.