Offers over
£135,000
(£256/sq. ft)
1 bed flat for saleChapeltown Street, Manchester M1
1 bed
1 bath
1 reception
527 sq. ft
EPC Rating: C
Leasehold
About this property
Buy-to-Let Opportunity
Long Term Tenant Currently Situated
Likely to attract enquiries from Serious Investors & Developers
Spacious Lounge
Close Proximity to Valuable Amenities
Investment potential detailed below (Let Property Pack)
A spacious and well kept 1 bedroom flat located in Manchester. There are various valuable amenities within walking distance of the property and it is able to generate rewarding rental returns.
For investors looking for a reliable, long term investment, this is a brilliant opportunity!
The home is in good condition and features 1 bedroom, lounge, kitchen, and ensuite.
Investment details
It currently produces an annual gross income of £11,100 which could be increased by the new owner to a market rate of £13,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
For investors looking for a reliable, long term investment, this is a brilliant opportunity!
The home is in good condition and features 1 bedroom, lounge, kitchen, and ensuite.
Investment details
It currently produces an annual gross income of £11,100 which could be increased by the new owner to a market rate of £13,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
More information
Tenure
Leasehold (200 years)
Service charge
£1,620 per year
Council tax band
C
Ground rent
£200
Ground rent date of next review
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