An End Terraced Property Converted into Two Apartments Plus Three Tenanted Lock Up Garages Producing £10,8000pa/£900pcm

An End Terraced Property Converted into Two Apartments Plus Three Tenanted Lock Up Garages Producing £10,800pa/£900pcm. Situated between Waterhead and Austerlands on the main Oldham to Huddersfield Road this substantial property has been converted into Two Self Contained Apartments each benefiting from Two Bedrooms. Both tenants have been in occupation for a number of years at a rental of £4,800pa/£400pcm each thus producing a Gross Income of £9,600pa/£800pcm. Briefly each Apartment comprises, Private Entrance, Lounge, Kitchen, Two Bedrooms and Bathroom and benefit from Double Glazing and Gas Central Heating. In addition, to the rear, 3 Lock Up Garages in a block of 4 are included in the sale Let on an informal basis at a gross rental of £1,200pa/£100pcm. Great investment opportunity in this very popular location. As the property is tenanted the tenants must not disturbed and under no circumstances whatsoever will access be granted prior to the auction and between the fall of the hammer and completion.

Tenure

See Legal Pack

Not inspected by Auction House Manchester but each Apartment is understood to comprise the following:

Ground Floor Apartment

Ground Floor Apartment Private Entrance Lounge Kitchen Bedroom One Bedroom Two Bathroom

First Floor Apartment

Private Entrance Lounge/Diner Kitchen Bedroom One Bedroom Two Shower Room

Outside

To the rear is a Yard and Three Lock Up Garages.

Energy Efficiency Rating (EPC)

Current Rating D,D

Services

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

Local Authority

Oldham Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1500 inc VAT.

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