Site with full planning permission granted for 8 No. apartments, 2 x two bedroom and 6 x one bedroom.To be offered for sale by auction on 24th April 2019
The location is popular, the area commands great rents and also a very healthy sale market, one bedroom converted flats in the adjacent property have sold at £100,000 in 2014, 2 bedroom flats are currently selling between £125,000 and £135,000
***** Please note our new venue: The Sheridan Suite, 371 Oldham Road, Manchester, M40 8RR *****
Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.
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.
Overview
The site which is located in a popular residential location close to all amenities and has the benefit of full approved planning permission for a three storey block of eight flats with parking and garage block: ref 120669/FO/2018. The development is in close proximity to rail and bus links and only 2.5 Miles (4 KM) from Manchester City Centre.
Notes
All interested parties are advised to consult directly with Manchester City Council Planning Department, Town Hall, Albert Square, Manchester, M60 2LA. Tel: 0161 234 5000, Fax: 0161 236 5909. Lined plan and illustrations are for the purposes of identification only- refer to the online legal pack for the full and accurate title plan
Tenure
Freehold
Values
It is anticipated that the flats will be worth in the region of £100,000 to £110,000 per one bedroom unit, two bedroom flats between £125,000 and £135,000, plus a premium for garages. Rental values are in the region of £500- £550 per month for one bedroom flats and £600-£650 for two bedroom flats, however new builds can and do often carry a premium.
Possession
Vacant on completion
Who, When, Where?
Edward Mellor Auction
24th April 2019
Sheridan Suite, 371 Oldham Road, Manchester, M40 8RR
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 www.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
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
