This spacious four-bedroom, three-bathroom property at 15 Mackworth Street, M15 5LP, is an ideal investment opportunity, currently generating £31,200 per annum in rental income. The property benefits from a well-maintained layout that caters perfectly to the rental market, with generous bedroom sizes and multiple bathrooms ensuring high tenant satisfaction and retention. Situated in a sought-after area with strong rental demand, it offers convenience and accessibility to local amenities, transport links, and nearby universities.
This spacious four-bedroom, three-bathroom property at 15 Mackworth Street, M15 5LP, is an ideal investment opportunity, currently generating £31,200 per annum in rental income. The property benefits from a well-maintained layout that caters perfectly to the rental market, with generous bedroom sizes and multiple bathrooms ensuring high tenant satisfaction and retention. Situated in a sought-after area with strong rental demand, it offers convenience and accessibility to local amenities, transport links, and nearby universities.
For property investors, this is a solid turnkey investment with immediate income and potential for future capital appreciation. The property's rental yield is competitive, making it an attractive addition to any portfolio. With a growing demand for quality rental homes in this area, 15 Mackworth Street represents a low-risk, high-yield asset that is sure to appeal to seasoned and first-time investors alike.
Similar Properties Sold:
4, Yew Street, Manchester, M15 5YW - Sold - 05/07/2024 - £320,000
11, Pickering Street, Manchester, M15 5LQ - Sold - 10/07/2023 - £316,000
30, Drayton Street, Manchester, M15 5LL - Sold - 13/05/2022 - £315,000
Leasehold 978 remaining
£3,600 inclusive of vat
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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