Lot
005
Auction Ends: 14/07/2020 12:25

1st & 2nd Floor, 7 Middleton Gardens, 38 Fountain Street, Manchester, Lancashire M24 1AF

Property Details
Location
Auction Details
Description
A duplex first and second floor flat sold subject to an existing tenancy producing an annual income equivalent to £4,160 per annum. The property would make an excellent addition to a local landlords portfolio and may have long term scope to increase the annual rent.
Location
The property fronts onto the pedestrianised area of Middleton Town Centre amongst a number of cafe's, shops and restaurants. A large Tesco Extra store and car park are situated to the rear of the property. Manchester City Centre sits 7 miles to the south and is well served by road and public transport links.
Accommodation
Pugh & Co have not inspected the property internally and the following information has been provided by the vendor - 

Ground FloorEntrance with stairs leading to hallway
First FloorKitchen, Living Room
Second Floor2 x Bedroom, Bathroom

Tenure
Unknown
Tenancy
The flat is sold subject to an existing tenancy agreement at £80 p/wk equivalent to £4,160 per annum. We are advised that the tenant has been in occupation since March 2013 with no rent increases during that time.
General
1. The entrance to the property is to the rear of the building and classed as 38 Fountain Street.

2. Energy Performance Certificate = E.

3. The property is held under a leasehold title for a period of 999 years commencing 1892.
Addendum
The property is held under a leasehold title for a period of 999 years commencing 1845.

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