House (unspecified) in Salford

Portfolio - 28, 38 and 42 Strawberry Hill, and 7, 9 and 11 Wallness Lane, Salford M6 6AH
  • Lot No: 154
  • Property Type: House (unspecified)
  • Contract Type: Unconditional with Variable Fee

Guide Price* £1,100,000+ plus fees

Result Sold Prior to Auction

Property Description

This is a rare opportunity to purchase a high specification and high-yielding investment portfolio within one of Salfords most popular regions. All six properties are within walking distance to the University of Salford and within two miles of Manchester city centre. Internally the properties are kept to a very high standard. With all six properties now fully occupied, the portfolio offers a yield in the region of 14% (£155,376 per annum) based on the guide price.

28 Strawberry Hill, Salford, M6 6AH - AST from July 2021 – June 2022 (£2,490 PCM).

Ground Floor: Entrance hallway, bedroom one, living room, kitchen, utility room, bathroom.<br>First Floor: Landing, bedrooms two, three and four, bathroom one.<br>Second Floor: Bedroom five with en-suite bathroom.<br>Note: The property also has a cellar and rear yard.


38 Strawberry Hill, Salford, M6 6AH - AST from July 2021 – June 2022 (£2,490 PCM).

Ground Floor: Entrance hallway, bedroom one, living room, kitchen.<br>First Floor: Landing, bedrooms two, three and four, bathroom one.<br>Second Floor: Bedroom five with en-suite bathroom.<br>Note: The property also has a cellar and rear yard.


42 Strawberry Hill, Salford, M6 6AH - AST from July 2021 – June 2022 (£2,490 PCM).

Ground Floor: Entrance hallway, bedroom one, living room, kitchen.<br>First Floor: Landing, bedrooms two, three and four, bathroom one.<br>Second Floor: Bedroom five with en-suite bathroom.<br>Note: The property also has a cellar and rear yard.


7 Wallness Lane, Salford, M6 6AL - AST from July 2021 – June 2022 (£1,992 PCM).

Ground Floor: Entrance hallway, bedroom one, living room, kitchen, utility room, bathroom one. First Floor: Bedroom two with en-suite bathroom, bedrooms three and four. Outside: Rear garden. Virtual Tour available however one bedroom is not shown as access was not granted. Virtual Tour: _https_viewer.evry360.com/sdl-auctions/7-wallness-lane-salford-m6-6al/vr.htm?config=./tour.json


9 Wallness Lane, Salford, M6 6AL - AST from July 2021 – June 2022 (£1,992 PCM).

Ground Floor: Entrance hallway, bedroom one, living room, kitchen. First Floor: Bedrooms two and three, bathroom one. Second Floor: Bedroom four, bathroom two. Outside: Yard/garden.


11 Wallness Lane, Salford, M6 6AL - AST from September 2021 - June 2022 (1,494PCM)

Ground Floor: Entrance hallway, bedroom one, living room, kitchen, bathroom one.<br>First Floor: Bedrooms two and three, bathroom two.<br>Outside: Yard/garden.


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 30th September 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

Portfolio - 28, 38 and 42 Strawberry Hill, and 7, 9 and 11 Wallness Lane, Salford M6 6AH