212 Burton Place, Manchester, M15 4LR
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Prime Property Auctions is excited to present this exceptional opportunity, 2 bedroom tenanted investment property located within a sought after location in Manchester - ***GUIDE PRICE £190,000***
- ***Apartment 304, 3, Burton Place, Manchester, Greater Manchester M15 4LR sold for £236,250, 3, Apartment 104, Burton Place, Manchester, Greater Manchester M15 4LR sold for £251,100.***
- Tenants on Periodic Tenancy, currently achieving a rental of £1000 PCM / £12,000 PA which would generate an annual gross yield of 6.31% based on the guide of £190,000.
- Property could achieve market rent of between £1750 - £2000 PCM / £21,000 - £24,000 PA which could give the property an impressive gross yield of 11- 12.6% based on the guide of £188,000.
- Property is situated within a prime location in Manchester, close to local amenities such as many popular bars, restaurants & canal towpath.
Description
- Prime Property Auctions is excited to present this exceptional opportunity, 2 bedroom tenanted investment property located within a sought after location in Manchester - ***GUIDE PRICE £190,000***
- ***Apartment 304, 3, Burton Place, Manchester, Greater Manchester M15 4LR sold for £236,250, 3, Apartment 104, Burton Place, Manchester, Greater Manchester M15 4LR sold for £251,100.***
- Tenants on Periodic Tenancy, currently achieving a rental of £1000 PCM / £12,000 PA which would generate an annual gross yield of 6.31% based on the guide of £190,000.
- Property could achieve market rent of between £1750 - £2000 PCM / £21,000 - £24,000 PA which could give the property an impressive gross yield of 11- 12.6% based on the guide of £190,000.
- Property is situated within a prime location in Manchester, close to local amenities such as many popular bars, restaurants & canal towpath
Prime Property Auctions is excited to present this exceptional opportunity, 2 bedroom tenanted investment property located within a sought after location in Manchester - ***GUIDE PRICE £190,000***
Property comprises:
Entrance hallway, Livingroom/Dining Room, 2 Bedrooms, WC & Balcony
HALLWAY (17.45ft x 3.12ft)
LIVING/DINING ROOM (11.13ft x 13.21ft)
MASTER BEDROOM (13.54ft x 8.70ft)
KITCHEN (9.87ft x 5.40ft)
BATHROOM (5.84ft x 6.49ft)
BALCONY (11.13ft x 3.70ft)
Tenants on Periodic Tenancy, currently achieving a rental of £1000 PCM / £12,000 PA which would generate an annual gross yield of 6.31% based on the guide of £190,000.
Sales Evidence:
***Apartment 304, 3, Burton Place, Manchester, Greater Manchester M15 4LR sold for £236,250, 3, Apartment 104, Burton Place, Manchester, Greater Manchester M15 4LR sold for £251,100.***
Property could achieve market rent of between £1750 - £2000 PCM / £21,000 - £24,000 PA which could give the property an impressive gross yield of 11- 12.6% based on the guide of £190,000.
The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
Potentially high yielding investment property.
This lot is open to immediate offers. Swing that there is strong demand.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Castlefield, located in the heart of Manchester, presents an exciting investment opportunity in one of the city's most vibrant neighbourhoods. As a historic district with a unique blend of industrial heritage and modern urban living, Castlefield offers a diverse range of investment prospects. Its strategic location, excellent transport links, and proximity to Manchester city centre make it an attractive destination for businesses, residents, and visitors alike. Investors can capitalise on Castlefield's expanding property market, urban regeneration projects, and cultural initiatives to drive economic growth. Additionally, the neighbourhood's historic canals, green spaces, and iconic landmarks create opportunities for leisure, hospitality, and tourism ventures. Investing in Castlefield promises both financial returns and the chance to contribute to the ongoing revitalization and prosperity of this dynamic neighbourhood in Manchester.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
212 Burton Place, Manchester, M15 4LR
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About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
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Visit our security centre to find out moreDisclaimer - Property reference 206212269. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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