A Mid Terraced House Converted into a Five Bedroomed Multi Let Property Producing a Gross Income of £23,400pa/£1,950pcm

A Mid Terraced House Converted into a Five Bedroomed Multi Let Property Producing a Gross Income of £23,400pa/£1,950pcm. With accommodation over three floors the property has been converted to provide Letting Bedrooms at Ground and First Floor level plus ancillary accommodation together with a self contained flat at second floor level. Briefly comprises, Hall, Two Letting Rooms to the Ground Floor plus Kitchen, Two letting Rooms to the First Floor Plus Bathroom and a Self Contained Studio flat to the second floor. See legal pack for tenancy agreements which show a Gross Income of £23,400pa/£1,950pcm inclusive, principally, of heating, electricity, water rates and council tax. With the exception of two tenant’s we are advised that rents are currently upto date. See legal pack regarding licencing and planning. Great location with easy access to a range of local shops, North Manchester General Hospital and Manchester City Centre which is only two miles away.

Tenure

See legal pack

Whilst the property has not been inspected by Auction House Manchester we are advised that the property comprises the following:

Ground Floor

Entrance Hall Letting Room One Producing £4,200pa/£350pcm Letting Room Two Producing £4,800pa/£400pcm Kitchen

First Floor

Landing Letting Room Three Producing £4,200pa/£350pcm Letting Room Four Producing £4,200pa/£350pcm Bathroom

Second Floor

Self Contained Studio Flat Producing £6,000pa/£500pcm

Outside

There is a courtyard Garden to the front and a yard to the rear.

Energy Efficiency Rating (EPC)

Current Rating D

Services

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

Local Authority

Manchester City Council

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.