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2 bedroom apartment for sale
Red Bank, Manchester, Greater Manchester, M4
£149,950
Red Bank, Manchester, Greater Manchester, M4
£149,950
Price History
Initial price | £155,000 |
12/09/25 | £149,950 |
Price Change | -3.26% |
Description
This modern 2-bedroom apartment in Manchester's M4 district is an exceptional investment opportunity, offering a fully refurbished property with 100% occupancy and excellent condition. The leasehold property, with approximately 977 years remaining, provides long-term security and a consistent rental income of £1,125 per month. The current owner has confirmation that the developer will cover any cladding costs, alleviating potential future expenses for the leaseholder. With a gross yield of 9.0% and a net yield of 7.2%, this property is a turnkey investment suitable for both first-time and experienced landlords, offering a hassle-free purchase with no ongoing or planned building works, no arrears, and no tenant complaints.