LOT 45
This large Victorian Villa has been converted to use as an investment property comprising three flats, two one bedrooms flats and a studio. Returning when fully let around 8.5% per annum with scope to increase.
Great for the buy to let investor or specialist residential sectors.
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 property is a three storey mid terrace building set up as three separate units, one on ground floor, studio at first floor and further one bedroom flat over first and second floors. There are some improvements to be made throughout, however the property still actually retains some beautiful original feature fireplaces.
Location
The immediate location is a well-established residential area favoured by investors just off the A57 within 4 miles of Manchester City Centre and close to the M60 Motorway. Sunny Brow Park opened in 1905, named after Sunny Brow Farm, which had originally stood on the site. The park is part of the Gore Brook Valley Conservation Area, which was designated by Manchester City Council in 1993.
Ground Floor Flat
Hallway to upper floors (communal)
Flat 1: Living room, inner hallway, large kitchen/dining room, bedroom, shower room. Yard space at rear.
First Floor Studio
Separate Studio flat comprising living space/bedroom, self contained bathroom.
Flat 2 (over Two Floors)
First floor: living room, kitchen, shower room.
Second floor: Bedroom, store room and study (no window)
Notes
Floor plans are for purpose of illustration of general layout only. Central heating serves all accommodation on one boiler. Majority double glazed. EPC on order. When fully let the property has returned £1,325 PCM
Possession
First floor flat and studio are tenanted.
Ground floor flat vacant at time of marketing.
Who, When, Where?
Edward Mellor Auction
Wednesday 13th March
THE BRAND NEW VENUE AT
The Sheridan Suite, 371 Oldham Rd, 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 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.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS