Lot
048
Auction: June 2024 Online Auction 19/06/2024 - Bidding opens Tuesday 18th June 10:00 AM

Flats A&B, 438 Bury New Road, Prestwich, Manchester, Lancashire, M25 1BD

Property Details
Location
Description
A residential investment opportunity comprising a detached property converted into two flats (1 x 1 bedroom and 1 x 2 bedroom) arranged over ground and first floors. Both flats are currently let detailing an annual rent of approximately £20,400 per annum and would make an excellent investment acquisition. The property is located in an extremely popular residential location within easy walking distance of a wealth of daily amenities and facilities.
Location
The property is set back from Bury New Road (A56) with rear access from Rectory Lane. The surrounding area is a bustling mix of residential, retail and office premises well served by a variety of local shops, supermarkets, deli's and cafe's. Junction 17 of the M60 motorway network is less than a 5 minute drive and provides convenient access into Manchester which is situated 4.5 miles to the south.
Accommodation

438a Bury New RoadEntrance Hall, Kitchen / Diner, Bedroom, Shower Room / W.C.
438b Bury New RoadEntrance Hall, Kitchen / Diner, Bedrooms x 2, Shower Room, W.C.

Outside
Off road parking to the rear
Tenancy

Flat A is let on an initial 6 month AST from 1st September 2022 at a rent of £1075pcm (to include council tax, gas & electric)

Flat B is let on an initial 12 month AST dated 17th September 2021at £625pcm 

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 18TH JUNE AND CLOSES ON WEDNESDAY 19TH JUNE.

3. Energy Performance Certificate: Flat A = C, Flat B = C.
Addendum
Both flats are currently let at a combined rent of £20,400

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