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Lot

052

Auction Ends: 17/08/2022 13:54

Bridgewater Court, Apartment 4, 1 Longford Road, Stretford, Manchester, Greater Manchester M32 0EN

Sold

Sold for

£125,000

Additional Costs / Fees will apply

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Property Details

Location

Description

A residential investment opportunity comprising a two bedroom apartment within a secure gated development overlooking Bridgewater Canal. The property is currently let at a monthly rent of £695pcm, equivalent to £8,340 and would make an ideal ready made investment purchase for a buy to let landlord.

Location

The property forms part of a wider recently constructed gated residential development accessed off Longford Road via Chester Road (A56). A variety of amenities are available in nearby Stertford and Trafford including Stretford metro station and Trafford Park Railway station which are both a short walk away and provide convenient access into Manchester City Centre which is located 3.5 miles to the north. Both Old Trafford sporting venues are within easy walking distance.

Accommodation

Pugh & Co have not inspected the property internally but believe the accommodation to comprise the following;

First Floor

Entrance Hall, Open plan Dining Kitchen, Bedroom with En-Suite, Bedroom, Bathroom

Tenure

Unknown

Tenancy

We understand the property is currently let at £695pcm and we are advised this increases to £725pcm from August 2022.

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 refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 16TH AUGUST AND CLOSES ON WEDNESDAY 17TH AUGUST.

3. Energy Performance Certificate = B.

4. We are advised that the monthly rent is increasing to £725 from 14th August 2022.

5. We understand from the vendors that the service charge is approximately £142pcm with an annual ground rent charge payable of £138. Buyers are advised to consult the legal pack for confirmation on these figures.

6. The property is held on a 125 year leasehold title dated 1st January 2003

Addendum

The property is held on a 125 year leasehold title dated 1st January 2003