Summary - Manchester Street, Manchester, M16 M16 9GZ
6 bed 1 bath Flat
### Standout Features:
- Multi-unit property with three 2-bedroom flats, fully furnished
- Modern design with large windows and open-plan living areas
- Currently tenanted, generating stable rental income
- Excellent transport links and vibrant urban location
- Leasehold with 105 years remaining; annual ground rent and service charge
### Summary:
Seize this lucrative investment opportunity in the heart of Manchester with a block of three modern, fully furnished 2-bedroom flats. Each spacious apartment features an open-plan lounge and kitchen, ensuring ample natural light and a contemporary living space. Currently yielding an annual gross income of £36,300, there is potential to increase this to £37,200 as market rates rise. With solid tenants already in place, you can secure steady returns from day one.
Located on Manchester Street, the property boasts excellent transport connectivity and is surrounded by an array of local amenities, making it appealing for renters. The community is vibrant, with a diverse local culture and several nearby schools, perfect for potential family tenants. While the block requires a service charge of £2,774 and an annual ground rent of £500, this manageable cost adds to the overall investment appeal. With future flexibility for potential renovations, this property is an exceptional addition to any investor's portfolio—don't miss out!
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