For Sale By Auction | 14:00, 17 December 2019 | Lot 18

10-16 Osborne Road, Manchester, Greater Manchester, M19 2DT

*Guide | £1,000,000 - £1,300,000 (plus fees)

  • Block of Apartments
  • 21 Bedrooms
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Tue 17/12/2019

Auction Time

14:00

Auction Venue

Bolton Wanderers Stadium Platinum Suite, De Havilland Way, Bolton, BL6 6SF

Substantial Residential Investment of 21 Self-Contained Flats Producing Approximately £114,120pa

Substantial residential investment opportunity of 21 self contained flats (9 studios, 9 x 1 bed and 3 x 2 bed flats) situated within two adjoining converted pairs of semi-detached property which sit on a substantial plot offering on-site parking and amenity space to the front and rear. The flats are currently fully let and produce a rental of £114,120 pa with individual rents ranging from £300 - £600 pcm. Internally the properties briefly comprise the following:

Tenure

See Legal Pack

10 Osborne Road

Ground Floor: Flat 1 -Bedroom, lounge/kitchen and bathroom. First floor: Flat 2 - Studio, bedroom and bathroom Flat 3 - Studio bedroom, kitchen and bathroom Second Floor Flat 4 - Two bedrooms, lounge/kitchen and bathroom Basement Flat - Bedroom, lounge/kitchen and bathroom

12 Osborne Road

Ground Floor: Flat 1 - Bedroom, lounge/kitchen and bathroom First Floor: Flat 2 - Bedroom, lounge/kitchen and bathroom Flat 3 - Studio - bedroom, kitchen and bathroom Second floor: Flat 4 - Studio – bedroom, kitchen and bathroom Flat 5 - Studio – Bedroom, kitchen and bathroom Basement: Flat - Lounge/kitchen, bedroom and bathroom

14 Osborne Road

Ground Floor: Flat 1 – Bedroom, lounge/kitchen and bathroom First Floor: Flat 2 - Studio - Bedroom, kitchen and bathroom Flat 3 - Studio - Bedroom, kitchen and bathroom Second Floor: Flat 4 - Bedroom, lounge/kitchen and bathroom Basement: Flat - Two bedrooms, lounge/kitchen and bathroom

16 Osborne Road

Ground Floor: Flat 1 - Bedroom, lounge/kitchen and bathroom First Floor: Flat 2 - Studio - bedroom, kitchen and bathroom Flat 3 - Studio - bedroom, kitchen and bathroom Second Floor: Flat 4 - Bedroom, lounge/kitchen and bathroom Basement: Flat – Two bedrooms, lounge/kitchen and barhroom

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The properties are situated on the northerly side of Osborne Road close to Levenshulme centre and approximately 4 miles south of Manchester City Centre. A tenancy schedule will be provided within the legal pack.

Energy Efficiency Rating (EPC)

Current Rating C, D, D, D, D, C, D, D, C, C, C, D, C, D, C, C, E, D, D, D

Local Authority

Manchester City Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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