Summary - 52 LETCHWORTH STREET MANCHESTER M14 7PE
2 bed 1 bath Terraced
Two-bedroom let property with long lease and immediate rental income.
- Currently let for £900 pcm on a rolling tenancy (tenant in situ)
- 879 years remaining on lease; nominal £3 annual ground rent
- Two bedrooms, modern bathroom, fitted kitchen and small rear garden
- Combi boiler (Ideal) and double glazing; install date unknown
- Small overall size (approx. 590 sq ft) — compact living spaces
- Located near Wilmslow Road/Curry Mile, universities and good transport
- Sold at auction via Secure Sale; sale subject to auction terms
- Area classified as very deprived; affects rental and resale dynamics
A compact two-bedroom mid-terrace in central Manchester offering immediate rental income and long lease security. The property is currently let for £900 pcm on a rolling contract, making it suitable for buy-to-let investors seeking an income-generating asset with minimal void risk. The house benefits from double glazing, a modern bathroom and a combi boiler, and includes a small rear garden.
Constructed in the early 20th century, the home retains period mid-terrace character with a bay-fronted lounge and a bright living/dining space. Practical positives include mains gas central heating, fast broadband and excellent mobile signal. The 879-year lease and nominal ground rent reduce long-term leasehold concerns.
Material considerations are straightforward and important to note: the property sits in a very deprived area and is being sold at auction via Secure Sale (online bidding; terms apply). It will be sold with the existing tenant in situ on a rolling contract, which may restrict immediate vacant possession and viewings. The building likely has cavity walls without added insulation (assumed), and the install date of the double glazing is unknown.
This opportunity suits investors looking for an affordable, let property near transport links, universities and green spaces. Buyers seeking a family home should note the compact overall size and current tenancy; refurbishment potential exists if a new owner wishes to upgrade energy efficiency or internal finishes.
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