Residential Investment for Auction Manchester M16

Guide Price £70,000. A residential investment opportunity comprising a studio apartment located on the third floor of a securely gated and purpose built development. The property is currently let at £650pcm (equivalent to £7,800p/a) to a long standing tenant of more than 10 years and benefits from an allocated parking space. Internally the flat benefits from a largely open plan layout with a living / bedroom area, partitioned kitchen and separate bathroom although is in poor condition and would benefit from thorough refurbishment.