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2 Bed Flat, Potential PLO/LOA, Manchester, M15 4DY £100,000

St. Lawrence Street, Manchester, Greater Manchester, M15 4DY - 16 days ago
  1. Deal Search
  2. Manchester
  3. M15
  4. M15 4DY
Sold STC
Leasehold
Negative Equity
ROI: 9%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Manchester
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  • More Negative Equity Deals in M15

Property History

Listed for £100,000

-5%

November 20, 2025

Sold for £105,000

2015

Sold for £140,500

2005

Floor Plans

Description

  • Apartment +
  • Two bedrooms +
  • City centre +
  • Vacant leasehold +
  • First Floor +

This purpose-built apartment, completed in 2005, is offered vacant with strong rental potential, making it an ideal choice for investors. With achievable rental income of around £1,200 PCM and a gross yield of 16%, it presents a high-performing asset on the edge of Manchester city centre.

The property is well located for both the city core and the wider North West region, ensuring ongoing demand from professional tenants.

Internally, the accommodation comprises an entrance hall with storage cupboard, open-plan living room and fitted kitchen with integrated appliances, plus access to a private balcony. Two double bedrooms are provided, including a main bedroom with en suite, alongside a further bathroom.

Further benefits include secure allocated parking, long leasehold tenure until 2nd January 2130, with a service charge of £2,358 per annum and a ground rent of £100 per annum.

Agent Details

Leaders Sales, Fallowfield

0161 524 9116

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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