Summary - Mandale House Mandale House Mandale House Chester Road, Manchester, M16 M16 9QN
1 bed 1 bath Flat
**Standout Features:**
- Buy-to-let investment opportunity with a long-term tenant
- One-bedroom studio flat in good condition
- Generates an annual gross income of £11,436, with potential to increase to £12,000
- Excellent mobile signal; average broadband speeds
- Close proximity to local amenities and public transport
**Potential Downsides:**
- Limited property grounds due to location on a main road
- Area classification is marked as "Very deprived"
Discover an enticing investment opportunity in Manchester's urban heart with this well-maintained studio flat. Currently tenanted, this property promises reliable rental income and fits seamlessly into a savvy investor's portfolio. The flat features a modern layout with large windows and easy access to essential amenities, perfect for appealing to established renting families.
With a competitive purchase price of £115,000, the current gross rental income stands at £11,436, while the market rate indicates potential to boost this to £12,000. Investors may appreciate the existing tenant's history of timely payments and their desire to remain in place, ensuring immediate cash flow from day one.
Though the property's location presents some limitations regarding outdoor space, it offers a unique chance to capitalize on urban living demand, supported by excellent mobile connectivity and nearby services. Don't miss your chance to secure this prime piece of real estate with promising future returns—opportunities like this don’t linger long in the market!
1 bedroom flat for sale in Taylorson Street South, Manchester, M5 — £85,000 • 1 bed • 1 bath • 700 ft²
1 bedroom flat for sale in Chester Road, Manchester, M16 — £102,500 • 1 bed • 1 bath • 484 ft²
1 bedroom flat for sale in Talbot Road, Manchester, M16 — £115,000 • 1 bed • 1 bath • 409 ft²
1 bedroom flat for sale in Wilton Place, Manchester, M3 — £92,000 • 1 bed • 1 bath • 309 ft²
Studio flat for sale in Clippers Quay, Manchester, M50 — £85,000 • 1 bed • 1 bath • 355 ft²
1 bedroom flat for sale in John William Street, Manchester, M30 — £115,000 • 1 bed • 1 bath • 441 ft²
