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 M27
£83,000

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
06/08/25 £83,000
Price Change -20.95%

Description

This 1-bedroom flat in Manchester is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a modern lounge, kitchen, and three-piece bathroom, as well as allocated parking. Currently, the property generates an annual gross income of £7,800, but with the possibility of increasing the rent to £10,200, it presents a worthwhile addition to an investor's portfolio. The current tenants, who have consistently paid their rent, are willing to remain in the property, making it a smooth transition for the new owner. With its valuable amenities and proximity to Manchester, this flat is a great opportunity for investors to capitalize on the city's rental market.