College Road, Manchester
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OIRO £120,000
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Type
Bedrooms
Bathrooms
Apartment
X 1
X 1
Property Description
INVESTMENT OPPORTUNITY

Mistoria Estate Agents are pleased to offer this ground floor 1 bedroomed apartment sold with tenancy in situ .
The property sits within a small development of like flats ( small additional portfolio may be available upon request ) and offers a gross annual income of £8,340 - 7% gross yield.

Benefiting from gas central heating, double-glazing, off-road parking, outside patio seating area. The apartment is located on the ground floor of the house and is facing to the rear of the property overlooking the rear gardens. The apartment consists of, kitchen, bathroom and studio living space. The living room benefits from a practical layout with a DINING AREA. This apartment could make an ideal first time buy or investment purchase as there is a long-term tenant in situ paying £695pcm and is looking to stay.

Small monthly service charge £30pm service charge and £0 ground rent.

The property is sold fully tenanted and income generating providing a positive investment strategy for investors.