For Sale By Auction | 2.00pm, 01 September 2020 | Lot 17

Apartments 9, 10, 11, 12, 14 & 15 Bakery Court, Ashton-under-Lyne , Lancashire, OL6 8AU

*Guide | £575,000 + (plus fees)

  • Investment
  • 12 Bedrooms
  • Tenure: See legal pack

Call the team on 0161 925 3254 for more information

Auction Date

Tue 01/09/2020

Auction Time

2.00pm

Auction Venue

Live Stream

6 Tenanted Two Bedroomed Apartments in a Self Contained Block Producing £38,400pa

6 Tenanted Two Bedroomed Apartments in a Self Contained Block Producing £38,400pa. This Three storey, Freehold, Block of 6 Apartments offers a great investment opportunity being easily managed and entirely in the control of the owner. Each Apartment comprises, Hall, Lounge, Kitchen, Two Bedrooms and Bathroom. There are private communal gardens and designated parking. All the Apartments are tenanted and produce a Gross Income of £38,400pa/£3,200pcm. Excellent location in the popular Hurst Cross area with easy access to Ashton under Lyne & Oldham Town Centres, M60 Motorway and Tameside Hospital. This is a rare opportunity to acquire a freehold investment of this quality producing an excellent income. Please note the internal pictures have been provided by the vendor and were taken prior to a tenant moving in.

Tenure

See legal pack

Description & Tenancies

Ground Floor

Communal Entrance No. 10 - £6,600pa/£550pcm No. 11 - £5,700pa/£475pcm

First Floor

Landing No. 9 - £6,600pa/£550pcm No. 15 - £6,600pa/£550pcm

Second Floor

Landing No. 12 - £6,300pa/£525pcm No. 14 - £6,600pa/£550pcm

Outside

There are private communal Gardens and designated car parking spaces.

Services

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

Local Authority

Tameside Metropolitan Borough Council

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 0.9% inc VAT, subject to a minimum of £1200 inc VAT.

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