1 bedroom flat for sale

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1 bedroom flat for sale

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%.