2 bed property

Prime Property Auctions presents a 2-bedroom tenanted investment property in a sought-after location in Manchester, with a guide price of £190,000. The property is currently rented out for £1,000 per month, generating an annual gross yield of 6.31%. With the potential to achieve a market rent of £1,750-£2,000 per month, the property could generate an impressive gross yield of 11-12.6%. The property is located in Castlefield, a vibrant neighborhood with excellent transport links, proximity to Manchester city center, and a diverse range of investment prospects. The property is being offered at a fantastic price to ensure an auction sale and will feature in an upcoming timed online auction.