1 bedroom flat for sale

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1 bedroom flat for sale

Chapeltown Street, Manchester, M1
£145,000

Price History

Initial price £170,000
25/04/24 £167,000
01/05/24 £164,000
08/05/24 £160,000
15/05/24 £157,000
23/05/24 £154,000
30/05/24 £151,000
06/06/24 £148,000
13/06/24 £146,000
21/06/24 £144,000
27/06/24 £142,000
07/07/24 £150,000
22/07/24 £147,000
02/08/24 £143,000
09/08/24 £141,000
16/08/24 £139,000
24/08/24 £137,000
08/09/24 £135,000
12/09/24 £150,000
25/09/24 £145,000
02/10/24 £143,000
08/10/24 £141,000
15/10/24 £139,000
23/10/24 £137,000
29/10/24 £135,000
05/11/24 £150,000
12/11/24 £147,000
18/11/24 £145,000
Price Change -14.71%

Description

This spacious and well-maintained 1-bedroom flat in Manchester offers a reliable and long-term investment opportunity. The property is located near various amenities and currently generates an annual gross income of £11,100, with potential to increase to £13,800 with new tenants. The flat is in good condition and features one bedroom, lounge, kitchen, and ensuite, making it a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out, ensuring a smooth transition for the new owner. With the potential for increased rental income and a reliable tenant in place, this property presents a brilliant opportunity for investors looking for a secure and profitable investment.