For Sale by auction on Thursday 25th May 2023 at 10am
Hyde Estates present this investment opportunity to purchase a two bedroom ground floor apartment generating an annual income of £7,800. Located in a modern and popular residential housing estate made up of apartment blocks and houses. Ideally located to schools, Highfield Country Park and Manchester city centre which is only 15 minutes away.
The accommodation comprises of entrance hall with storage, open plan carpeted living area with Juliet balcony, fitted kitchen that comprises a range of wall and base mounted cupboards with contrasting working surfaces, integral electric hob, oven, extractor fan, plumbing for a washing machine with space for a free standing fridge freezer. Both bedrooms are carpeted and can easily accommodate beds and free standing furniture. The three piece bathroom suite features an over bath combi powered shower with glass screen, WC and wash basin on a pedestal base. The property benefits secure parking behind electric gates, uPVC double glazed windows, gas central heating and video entry phone.
Pre-auction offers are invited on this lot.
Living Room: 12'10" x 11'1"
Kitchen: 15' x 6'9"
Bedroom 1: 12'6" x 8'6"
Bedroom 2: 12'9" x 9'
Bathroom: 7' x 5'7"
Rent achieved - £650.00 pcm - AST agreement in place and occupied by the same tenants since 2011
Leasehold with a service charge of £267.79 per quarter, to include insurance, communal areas, and gardens. Lease is 125 years from Jan 2005. Ground rent is £184.03 per annum.
Auction Method:The auction for this property will take place as an “Auction Event” behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely- please see the below section on “Registration Process”. The auction can be watched in real-time on the auction date on https://www.sdlauctions.co.uk/
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