1 bedroom flat for sale

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1 bedroom flat for sale

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.