Lot 92
    Flat
    Apartment 37
    28 Hulme High Street, Manchester, Lancashire, M15 5JS
    Sold for £96,000.
     
    Number 1
    A Second Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £12,000 Per Annum (Reflecting a Gross Initial Yield of 13%)

    Description

    The property comprises a second floor two bedroom flat situated within a purpose built block arranged over ground and four upper floors.

    Tenure

    Leasehold. The property is held on a 250 year lease from 5th September 1996 (thus approximately 222 years unexpired).

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Hulme Park are within easy reach. Transport links are provided by Manchester Oxford Road rail station.

    Accommodation

    Second Floor
    Reception Room with Open-Plan Kitchen
    Two Bedrooms
    Bathroom

    Exterior

    The property benefits from two large balconies.

    Tenancy

    The property is subject to an Assured Shorthold Tenancy at a rent of £1,000 per calendar month.

    EPC Rating

    C
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
    Share this lot

    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

    Contact Our Property Experts