Mere Drive, Swinton M27 1 bed flat for sale

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Mere Drive, Swinton M27 1 bed flat for sale

Mere Drive, Manchester, Greater Manchester, M27
£80,000

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
07/08/25 £83,000
25/11/25 £80,000
Price Change -23.81%

Description

This 1-bedroom flat in Manchester offers a fantastic investment opportunity for investors looking to expand their portfolio. The well-kept property features a modern lounge, kitchen, three-piece bathroom, and allocated parking, all in good condition. Currently, the property produces an annual gross income of £7,800, which could be increased to £10,200 with new tenants. The current tenants have been consistently paying their rent and have no intention of moving out, making it a stable and lucrative investment option. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.