1 bedroom flat for sale

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1 bedroom flat for sale

Mere Drive, Manchester, Greater Manchester, M27
£84,000

Price History

Initial price £105,000
01/02/25 £85,000
22/04/25 £83,000
29/04/25 £81,000
25/06/25 £84,000
Price Change -20.00%

Description

This 1-bedroom flat in Manchester is a fantastic investment opportunity for those looking to expand their portfolio. The property features a well-kept interior with one bedroom, three-piece bathroom, modern lounge, kitchen, and allocated parking, all in good condition. Currently, it produces an annual gross income of £7,800, which has the potential to be increased to £10,200 with the right tenant. The property already has a tenant in situ who has consistently paid their rent and has no intention of moving out, making it an attractive option for investors. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any portfolio.