3 bedroom Terraced House in Manchester
22 Mackenzie Road, Salford, Manchester, Lancashire M7 3TH
- Lot No: 48
- Property Type: Terraced House
- Contract Type: Unconditional with Variable Fee
Guide Price* £135,000+ plus fees
Result Sold at Auction 142,000
Property Description
A superb investment opportunity comprising of a three share HMO property situated in a desirable and convenient location. The property is currently let at £500 per room per month. The rents will increase to £600 per room per month as of 1st July when the new students take occupancy. This could give a gross rent of £21,600 per annum (but a minimum of £19,800 per annum). Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Well placed for a good range of local amenities and giving easy access to the University of Salford and Manchester city centre. The auctioneers have not inspected internally but we believe the property is in general good order and has been well maintained and benefits from gas central heating and UPVC double glazing. An ideal investment opportunity with a great income from day one.
Ground Floor:
Communal Hallway, Lounge, Kitchen and Bedroom One
First Floor:
Landing, Bedroom Two, Bedroom Three, Communal Bathroom
Outside:
Garden to rear.
Construction material:
Cavity wall, as built, no insulation (assumed).
Broadband:
O2, EE, Three, Vodafone available.
Mobile phone coverage:
Standard - 6 mbps, Superfast - 48 mbps available.
Note
Please be advised that Water Supply, Electricity Supply and Sewerage Arrangements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
- 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.
Auction Details
Date 25th April 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454