Withdrawn | Lot 85A

154 Derby Road, Salford, Lancashire, M5 5BB

Withdrawn

  • End of Terrace House
  • 8 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 25/10/2023

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Mon 16 Oct

17:00-17:30

Sat 21 Oct

12:00-12:30

Tue 24 Oct

15:00-15:30

An Eight Bedroom End of Terrace HMO Part Let Producing £36,000 Per Annum

The property comprises an eight bedroom end of terrace HMO arranged over ground and first floors.

Tenure

Freehold

Location

The property is situated on a residential road close to Salford University, Manchester University, local shops and amenities. There are numerous open spaces within easy reach. Transport links are provided by Eccles rail station.

Accommodation

Ground Floor Communal Reception Room with Open Plan Kitchen Three Letting Rooms Bathroom First Floor Five Letting Rooms Bathroom Separate W/C

Tenancy

Five of the eight letting rooms are subject to individual Assured Shorthold Tenancies at a combine rent of £36,000 per annum. Please refer to the legal pack for further information. When fully let the property produces £57,600 per annum.

We have been informed the vendors have put an application forward for a HMO licence, please refer to legal pack for further information.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.