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1 bedroom flat for sale
Wilton Place, Manchester, M3
£96,500
Wilton Place, Manchester, M3
£96,500
Price History
Initial price | £115,000 |
25/04/24 | £113,000 |
01/05/24 | £125,000 |
08/05/24 | £105,000 |
15/05/24 | £103,000 |
23/05/24 | £100,000 |
30/05/24 | £98,000 |
06/06/24 | £96,000 |
13/06/24 | £94,000 |
21/06/24 | £92,000 |
27/06/24 | £90,000 |
07/07/24 | £100,000 |
22/07/24 | £98,000 |
23/10/24 | £94,000 |
12/03/25 | £92,000 |
19/03/25 | £90,000 |
25/03/25 | £99,000 |
04/04/25 | £97,000 |
09/04/25 | £95,000 |
15/04/25 | £93,000 |
01/05/25 | £96,500 |
Price Change | -16.09% |
Description
This studio flat in Manchester is a lucrative investment opportunity, with a current tenant in place and a rental income of £9,540 per annum. The property is well-maintained and features a studio flat, lounge, kitchen, and bathroom. With a purchase price that allows for a worthwhile addition to an investor's portfolio, the annual gross income could be increased to £11,400 with a market rate rent. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out, making for a stable and reliable investment.