2 bedroom flat for sale

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2 bedroom flat for sale

Cheetham Hill Road, Manchester, M4
£246,000

Price History

Initial price £300,000
12/03/24 £295,000
19/03/24 £290,000
02/04/24 £285,000
09/04/24 £280,000
16/04/24 £275,000
25/04/24 £270,000
01/05/24 £295,000
02/05/24 £275,000
08/05/24 £270,000
15/05/24 £265,000
22/05/24 £260,000
30/05/24 £255,000
05/06/24 £250,000
13/06/24 £245,000
19/06/24 £271,000
26/06/24 £266,000
09/07/24 £271,000
22/07/24 £266,000
02/08/24 £256,000
09/08/24 £251,000
16/08/24 £246,000
25/08/24 £271,000
07/09/24 £266,000
11/09/24 £261,000
25/09/24 £256,000
02/10/24 £251,000
08/10/24 £246,000
15/10/24 £271,000
22/10/24 £266,000
29/10/24 £261,000
05/11/24 £256,000
12/11/24 £251,000
18/11/24 £246,000
Price Change -18.00%

Description

This 2-bedroom flat in Manchester offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is well-kept and features two bedrooms, a lounge, kitchen, and an ensuite. Currently, it generates an annual gross income of £18,000, which could be increased to £24,000 with long-term tenants already in place. The tenants, who have been in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable source of income for the new owner. With a purchase price that allows for a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate rewarding rental returns.