2 Bed Flat, Cash/Bridging Only, Manchester, M4 4AR £140,000

• FOR SALE BY ONLINE AUCTION +
• 6 WEEKS’ COMPLETION +
• First floor flat +
• Two bedrooms +
• Investment 10.6% gross yield +
• Leasehold with tenant in situ +

This two-bedroom, two-bathroom apartment is offered as a tenanted investment generating £1,235 per calendar month, equating to an attractive gross yield of approximately 10.6%. The property is currently let on a periodic tenancy, providing immediate income while offering flexibility for future plans.

Occupying a larger-than-average first floor corner position, the apartment comprises two double bedrooms, an en-suite to the main bedroom, and an open-plan living and dining area. A wrap-around balcony adds valuable outdoor space and enhances ongoing rental appeal within the city centre market.

Located within Manchester’s popular M4 area, close to the Northern Quarter, Ancoats and the wider city centre, the apartment benefits from consistently strong demand from both tenants and buyers. Due to current mortgage lending restrictions relating to EWS1 requirements, the property is considered suitable for cash buyers only.