Semi-detached property in 5 self contained flats plus unused basement. Superb investment opportunity, scope to increase rents.
3 Cringle Road, Levenshulme
TO BE SOLD BY ONLINE AUCTION ON 24th NOVEMBER 2020
If you intend to borrow any money from a financial institution please make sure they are in a position to provide the funding in a timely manner, as they are currently experiencing extreme demands. For further information you can call us on 0161 443 4740 to discuss your individual circumstances or email [email protected]
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.
Ground Floor Flat 1
Living room/kitchen, double bedroom, en-suite shower room. Internal area 31 sq m
Ground Floor Flat 2
Not inspected but reported to be Living room/kitchen, bedroom, shower room. Internal area 30 sq m
First Floor Flat 3
Studio flat with open plan living space, separate utility room with shower room off. Internal area 25 sq m
First Floor Flat 4
Living room, separate kitchen, double bedroom, en-suite shower room. Internal area 31 sq m
Second Floor Flat 5
Large landing with kitchen, living room, three bedrooms and bathroom. Internal area 53 sq m.
Basements
The property has basements that may be suited to further conversion subject to planning.
Externally
Rear garden with potential to extend current property or develop a separate dwelling to rear subject to planning permission.
Notes
Flats are double glazed and centrally heated. EPC ratings:
Flat 1: 64 (E). Flat 2: 60 (D). Flat 3: 69 (C). Flat 4: 67 (D). Flat 5: 64 (D)
Floor plans are for illustration purposes only.
The rents are considered to be below market value and scope for increase is possible. Completion on this lot will take place on 6 January 2021.
Possession
Flats 1, 2, 4 and 5 tenanted at time of inspection, new tenancy to be confirmed in flat 3. All lease information will be contained in the legal pack Current rent roll advised to be £30,360 per year
Bidding Procedure
You will first need to create an account. This requires you to verify your email address, by clicking an activation link that we'll send to you.
Once you've created an account you can watch' lots that you're interested in (you'll be kept up-to-date throughout the auction cycle), as well as gain access to the legal packs. In order to place a bid on a lot, you will need to complete the bidder registration steps, as detailed below.
The first time you register to bid you will be asked to verify your mobile number and upload copies of your photo ID (e.g. Driver's licence or passport) and recent proof of address (dated within the last 3 months). We can then easily keep in touch and will identify you in the event of you purchasing a lot.
Important Notice
Before buying at Auction, it is essential that you read our Online Auction Buying Guide. This is on our website www.edwardmellor.co.uk
ews/online-auction-buying-guide.
You must not bid unless you have made yourself fully aware of the auction process. If you need help with this, please contact a member of the team.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
