6 bedroom House of Multiple Occupation in Manchester

54 Parkhill Avenue, Manchester M8 4GY
  • Lot No: 122
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Variable Fee

Guide Price* £205,000+ plus fees

Result Sold Prior to Auction

Property Description

DRAFT DETAILS This substantial bay fronted property is located within Crumpsall, a popular residential area just a few miles from Manchester city centre. The property is arranged as a six bedroomed HMO and has been completed to a high standard throughout. Located within Crumpsall town centre, the property is well situated for access to all local amenities including supermarkets, a variety of independent businesses and good transport links. North Manchester General Hospital is within walking distance from the property and there are plenty of outdoor spaces nearby including Crumpsall Park, Boggart Hole Clough and Heaton Park. Manchester city centre is very easily accessible with road links and bus services providing a direct route into the city centre in less than 20 minutes, ideal for commuters who don’t want to live in the city centre. This is a ‘ready to go’ investment producing £39,000 per annum and would make an excellent addition to any investment portfolio.

Rental Income

Room One- £120 per week Room Two- £120 per week Room Three- £120 per week Room Four- £120 per week Room Five- £120 per week Room Six- £150 per week


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 24th June 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

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Map

54 Parkhill Avenue, Manchester M8 4GY