2 bedroom flat for sale

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2 bedroom flat for sale

Middlewood Street, Manchester, Greater Manchester, M5
£135,000

Price History

Initial price £175,000
19/07/24 £172,000
27/07/24 £165,000
01/08/24 £162,000
07/08/24 £159,000
14/08/24 £156,000
22/08/24 £153,000
30/08/24 £145,000
08/09/24 £143,000
22/09/24 £141,000
26/09/24 £139,000
02/10/24 £137,000
09/10/24 £135,000
16/10/24 £133,000
23/10/24 £131,000
30/10/24 £145,000
06/11/24 £143,000
12/11/24 £141,000
20/11/24 £135,000
Price Change -22.86%

Description

This 2-bedroom flat in Salford is a fantastic investment opportunity for those looking to expand their portfolio. The property features 2 bedrooms, 2 bathrooms, lounge, dining, and kitchen area, and is currently producing an annual gross income of £12,300. With long-term tenants already in place, the new owner has the potential to increase the rent to a market rate of £15,000, making it a worthwhile addition to their portfolio. The current tenants have been consistently paying their rent for several years and have no intentions to move out, providing a stable and reliable income stream. With its valuable amenities in close proximity, this property offers a great balance of rental returns and potential for growth.