Offers over
£265,000
(£373/sq. ft)
2 bed flat for sale
Simpson Street, Manchester M4Leasehold
2 beds
2 baths
710 sq. ft
EPC Rating: B
Key information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
Buy-to-Let Opportunity
Long Term Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers
2 Bedrooms, 2 Bathrooms, Lounge and Kitchen
Allocated underground parking Space
A 5-6 minute walk from Manchester Victoria Station
Major Transport Links, The Arndale Centre, Deansgate and The Northern Quarter
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
Our latest listing is a 2 bedroom flat located in Manchester. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features the apartment is within the 1-billion-pound noma regeneration zone which is in the middle of Manchester most up and coming district means that over the medium to long term there will be a significant capital uplift on the apartment, the management company allows short term corporate lets which can maximise rental yields, A 5-6 minute walk from Manchester Victoria Station and Major Transport Links, The Arndale Centre, Deansgate and The Northern Quarter.
Investment details
It currently produces an annual gross income of £19,200 which could be increased by the new owner to a market rate of £24,000 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.
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Let Property