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THIS PROPERTY IS NO LONGER AVAILABLE

5 bed Block of Flats For Auction
Brook Road, Fallowfield, Manchester, M14

£399,000
Starting Bid
  • Property at Brook Road, Fallowfield, Manchester

Full Description

View this property on a map TO BE SOLD BY PUBLIC AUCTION ON OCTOBER 31 2018.

9 Brook Road Fallowfield has not been on the market for sale in over 40 years.

This site and building are in a popular student location comprising 5 separate self contained residential units with potential for development of site and basements.

Rent roll circa £28,000 which is considered low for the location, estimated potential rental value circa £40,000 as is. If basement converted to two bedroom flat circa £50,000.

Notice

Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions. These can be found on our website https://edwardmellor.co.uk/auctions/buying-at-auction

You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.

Flat 1

Living room and kitchen to front, rear bedroom, bathroom. Ground floor.

Flat 2

Living room and kitchen to front, step down to bedroom and shower room to rear. Ground floor.

Flat 4

Living room, separate kitchen, bedroom and shower room to rear. First floor.

Flat 5

Living room and kitchen to front, bedroom and shower room to rear. First floor.

Flat 3

Studio accommodation with separate kitchen and shower room. Second floor.

Basement

Large basements to front and rear, suitable for conversion to two bedroom flat subject to planning permission

Exterior

Rear garden with potential to extend the building subject to permission

Notes

The property is considered "under rented" and has potential for rent increases in all flats. EPC ratings: Flat 1: D. Flat 2: D. Flat 3: D. Flat 4: D. Flat 5: D. It is considered that there is potential for extension and potential redevelopment subject to permission
Any parties considering development are advised to make their own enquiries directly to the local council. The floor plan is for guidance only and not to scale.

Possession

Tenanted unless otherwise specified. Current rent roll £27,900. All leases are contained in the online legal paperwork

Who, When, Where?

Edward Mellor Auction, 31st October 2018 - Registration 12 noon, A J Bell Stadium, 1 Stadium Way, Salford, M30 7EY

Important Notice

Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions. These can be found on our website https://edwardmellor.co.uk/auctions/buying-at-auction
You must not bid unless you have made yourself fully aware of the auction process.
If you require help with this, please contact a member of the auction team.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

Floorplan for Brook Road, Fallowfield, Manchester

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