Lot
024
Auction: April 2022 Online Auction 27/04/2022

Flats 1 - 6, 52 Ash Tree Road, Manchester, Greater Manchester M8 5SA

Property Details
Location
Auction Details
Description
An investment opportunity comprising a substantial semi detached house converted to provide 6 leasehold flats, one of which is currently let at £485pcm. The sale provides an excellent opportunity to increase the rental income with occupation of the 5 remaining flats upon completion of some required renovation works.
Location
The property fronts onto Ash Tree Road close to its junction with Crumpsall Lane and within walking distance to local amenities and facilities including shops, schools and parks. North Manchester General Hospital is just 1/2 mile away whist Manchester City Centre lies 3 miles to the south.
Accommodation
Pugh & Co have not inspected the property internally and the following accommodation details have been provided by the joint agent. Interested parties should therefore satisfy themselves as to the accommodation. 

UnitFloor AreaAccommodation
Flat 140 sq m (430 sq ft)Bedroom; Living Room/Kitchen; WC
Flat 224 sq m (258 sq ft)Bedroom/Living Room; Kitchen; WC
Flat 340 sq m (430 sq ft)
Bedroom; Living Room/Kitchen; WC
Flat 4Believed to be as per Flat 2Believed to be as per Flat 2
Flat 5 23 sq m (247 sq ft)Bedroom; Living Room/Kitchen; WC
Flat 634 sq m (366 sq ft)Bedroom; Living Room/Kitchen; WC
Basement87 sq m (933 sq ft)Electric Meters
Total317 sq m (3,413 sq ft)
Outside
Rear yard.
Tenure
Unknown
Tenancy
We understand one of the six flats is currently tenanted at £485pcm although no tenancy agreement has been provided at this stage so buyers are advised to rely solely upon their own enquiries.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 26TH APRIL AND CLOSES ON WEDNESDAY 27TH APRIL.

3. The flats are held on a 125 year leasehold title dated 1st January 2017 at a ground rent of £280 per annum per flat.

4. The expected ERV is approximately £38,000 (upon completion of required works).

5. Energy Performance Certificates:
Flat 1 = F
Flat 2 = D
Flat 3 = C
Flat 4 = F
Flat 5 = G
Flat 6 = F

Our Nearest Office

Manchesterresize 600x300

Manchester

Joint Agent

WT Gunson
Contact: Neale Sayle
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