Mere Drive, Swinton M27 1 bed flat for sale

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Mere Drive, Swinton M27 1 bed flat for sale

Mere Drive, Swinton M27
£85,000

Price History

Initial price £105,000
01/02/25 £85,000
Price Change -19.05%

Description

This 1-bedroom flat in Manchester offers a fantastic investment opportunity for investors 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, the property produces an annual gross income of £7,800, which could be increased to a market rate of £10,200 with the right tenant. The current tenants, who have consistently paid their rent, have no intention of moving out and hope to remain in the property. With its valuable amenities nearby and rewarding rental returns, this property is an attractive addition to any investor's portfolio.