Guide Price £140,000 £3,000 plus vat For sale by unconditional online auction.
An excellent investment opportunity to acquire a one-bedroom apartment within a modern and well-maintained development, ideally positioned for Salford Quays, MediaCityUK, and Manchester city centre. The property is tenanted, currently producing £12,000 per annum, with scope to increase to around £14,400 per annum based on current market rents. This provides a strong yield potential in an area known for consistent rental demand and capital growth. Situated just off Eccles New Road, the development offers superb access to tram and bus links connecting directly to Manchester city centre, Salford University, and MediaCityUK all major employment and education hubs attracting long-term professional tenants. The surrounding area has seen significant regeneration in recent years, with new residential and commercial developments continuing to drive investor confidence and demand. Please note these photos were taken before the current tenants moved in. Please refer to the legal pack for a copy of the Assured Shorthold Tenancy (AST).
Tenure Leasehold
UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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