>
2 bedroom apartment for sale
Signal Drive, Monsall, Manchester, Greater Manchester, M40
£110,000
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.