2 bedroom apartment for sale

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2 bedroom apartment for sale

Signal Drive, Monsall, Manchester, Greater Manchester, M40
£110,000

Price History

Initial price £120,000
11/06/25 £110,000
Price Change -8.33%

Description

This second-floor apartment in Monsall, Manchester, offers a lucrative investment opportunity with a rental income of £825 per calendar month, generating an attractive 8.2% gross yield. The property boasts 582 square feet of bright and spacious accommodation, including an entrance hallway, open-plan living, dining, and kitchen area, two double bedrooms, and a modern bathroom. The apartment is currently let on a periodic tenancy and is available to purchase with no chain. The development, Signal Drive, is located approximately three miles from Manchester city centre and benefits from excellent transport links, including a main bus route and Metrolink. With a leasehold tenure and 120 years remaining on the lease, this property presents a solid investment opportunity for those looking to generate a steady income.