A residential investment comprising a three bedroom mid terrace house which benefits from double glazing and central heating (not tested). The property is Let on an AST at a rent of £7,800 per annum.
The property is located on the outskirts of Bury close to the M66 which offers good links to the M60 and M62 motorways. Birley Street can be accessed from Walmersley Road (A56) close to a range of local amenities.
The property is held Leasehold for a term of 990 years (less 3 days) from the 15th September 1900 at a ground rent of £3.75.
Ground Floor: Kitchen, Lounge and Bathroom
First Floor: Three Bedroom
The property is let on an Assured Shorthold Tenancy, however neither Landwood or the Receivers have had sight of the Tenancy Agreement.
Energy Performance Asset Rating - D
990 years (867 years unexpired)
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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