0141 674 1833

Chapel Street, Manchester, M3

3 bedroom Flat in Manchester

For Sale
Offers Over £260,000
Current Yield 6.1 %
Potential Yield 7.9 %
Property Reference: 202839113
  • Flat
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Receptions
  • 83 sqm

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • 3 Bedrooms
  • 2 Bathrooms
  • Spacious Lounge
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This is a 3-bedroom flat located in Manchester. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The home features 3 bedrooms, 2 bathrooms, spacious lounge and kitchen.

Investment Details

It currently produces an annual gross income of £16,800 which could be increased by the new owner to a market rate of £21,600 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.

If you are interested, please call us.

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 Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 202839113

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £1400
  • Potential Rent pcm: £1800
  • Tenancy Agreement in place: YES
  • Tenancy Compliance in place: YES
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 202839113
Property Reference: 202839113

Property Location

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Request DetailsChapel Street, Manchester, M3

Offers Over £260,000

Make an offer
Chapel Street, Manchester, M3

Listing Price

Offers Over £260,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.