Initial price	£285,000
31/07/24	£280,000
06/08/24	£275,000
14/08/24	£270,000
30/08/24	£265,000
08/09/24	£260,000
30/09/24	£255,000
07/10/24	£250,000
10/10/24	£245,000
16/10/24	£270,000
24/10/24	£265,000
30/10/24	£260,000
05/11/24	£255,000
12/11/24	£250,000
20/11/24	£245,000
27/11/24	£241,000
03/12/24	£267,000
11/12/24	£262,000
18/12/24	£257,000
31/12/24	£252,000
07/01/25	£247,000
14/01/25	£243,000
29/01/25	£267,000
Price Change	-6.32%

This 2-bedroom flat in Manchester is an excellent investment opportunity for those looking to expand their portfolio. The property is located in the NOMA regeneration zone, which is expected to experience a significant capital uplift in the medium to long term. The management company allows for short-term corporate lets, which can maximize rental yields. Currently, the property generates an annual gross income of £19,200, but with a new owner, this could increase to a market rate of £24,000. The property is within walking distance to Manchester Victoria Station, the Arndale Centre, Deansgate, and the Northern Quarter, making it an attractive option for tenants. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. Overall, this property offers a worthwhile addition to an investor's portfolio, with potential for long-term growth and strong rental returns.