Kersal Road, Manchester M25 1 bed flat for sale

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Kersal Road, Manchester M25 1 bed flat for sale

Kersal Road, Manchester M25
£67,500

Price History

Initial price £95,000
12/04/25 £76,500
01/07/25 £67,500
Price Change -28.95%

Description

This one-bedroom apartment is a fantastic opportunity for cash buyers, offering a quick sale with vacant possession and no onward chain. The property has been fully refurbished within the last two years and presents a wonderful first-time buy or buy-to-let investment opportunity. With a potential rental income of £750 per month, investors can benefit from a gross yield of 13.3%. Located on the border of Kersal Moor, the apartment is just a short distance from Moor Lane and Bury New Road, making it an ideal location for a stroll into the village or driving to the city or beyond. The property is situated in a well-presented period conversion block and features a welcoming living space, modern kitchen, separate shower room, and double bedroom. With a 296-year lease remaining, a peppercorn ground rent, and a service charge of £600 per year, this property is a great find for anyone looking for a hassle-free investment or first-time home.