Email Bid Prior to Auction

Property Address

3 Biwater House, Gregge Street, Heywood

Property Description

Ground floor apartment being sold with a tenant in situ. A fantastic opportunity to add to an existing portfolio or start with an already tenanted investment producing an income of £525.00 pcm / £6,300 pa which equates a gross yield of 14% when based on the guide price. This apartment comprises: reception/inner hall, generous open plan lounge/kitchen, double bedrooms and bathroom/w.c. Externally there is a residents car park. Conveniently located just off Manchester Road, Biwater House offers easy access to the M62 motorway. The flat is within close proximity to shops, amenities, and transport links, ensuring a convenient lifestyle for residents. Auction House Manchester are yet to inspect the property, pictures provided dated Aug 2024. Lease term - 125 years from January 2016 Ground Rent - £700 Service Charge - £1,893.70 pa for Jan 26 - Dec 26

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Other Information, Comments and Conditions

This screen enables you to submit your Best Price Offer for this property. We will acknowledge receipt of your offer by calling you on the telephone number provided – if you don’t hear from us by the end of the next working day please call our office to discuss next steps. After we have spoken with you we will submit your offer to the Vendor and respond to you again thereafter. Unless we indicate to the contrary, all offers for Auction Lots should be made under Auction Rules, please refer to the Auction Information located near the front of our Auction Catalogue. Buying under Auction Rules is a contractual commitment; before making an offer prior to auction or bidding at the auction it is advisable to consult a Solicitor regarding the General and Special Conditions of Sale the local authority search and other legal documents. Auction House reserves the right not to submit an offer on behalf of internet bidders, in the event of any error, doubt, omission, uncertainty as to the bid, or for any reason whatsoever and give no warranty, or guarantee, that a bid would be made on behalf of the bidder and accept no liability.