Lot 6 - 29 Ladysmith Road, Ashton-under-Lyne, Lancashire, OL6 9DJ

  • Unconditional Online Auction Sale
  • Guide Price* : £120,000 plus
  • Residential Investment
  • Let at an annual equivalent income of £8,100
  • 3 Bedroom semi-detached house

ON BEHALF OF COURT APPOINTED RECEIVER: Residential investment comprising a three bedroom semi-detached house let at an annual equivalent rent of £8,100

Description

The property comprises a three bedroom semi-detached house with uPVC windows and gas central heating let at a rent of £675 per month on a statutory periodic tenancy following the expiry of an AST granted for 12 moths from 12th December 2019. The property has a garage, front garden and driveway and tiered rear garden mainly laid to lawn.

Location

Situated in a residential area on an estate mainly comprised of similar semi-detached housing that lies approximately 1.5 miles north east of the town centre. Ladysmith Road is accessed from Moseley Road (A670), via Old Road. Local bus routes run along on the A670, Tameside Hospital is less than 0.5 mile to the south west. The surrounding area provides a range of local amenities including public houses, takeaways and we note that the property is also close Ashton-under-Lyne Golf Club. Further local amenities are located within Ashton-under-Lyne town centre to include Asda Superstore, Morrisons supermarket, Ashton retail park and a number of schools and places of worship. Ashton-under-Lyne Railway Station lies approximately 1.6 miles from the property and provides links to Manchester City Centre and the wider rail network.

Tenure

Leasehold for a term of 999 years from 1st January 1974 at a ground rent of £25.

Accommodation

Ground Floor: Entrance vestibule, Lounge and Kitchen/Diner
First Floor: Two Double bedrooms, a Single bedroom and a Family Bathroom.

Outside

The property has a garage, front garden and driveway and tiered rear garden mainly laid to lawn.

Tenancies

Let at a rent of £675 per month on a statutory periodic tenancy following the expiry of an AST granted for 12 moths from 12th December 2019.

EPC

Energy Asset Rating is D

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2400 (inc VAT) payable upon exchange of contracts.

Additional Information

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.

3. The property is being sold under Proceeds of Crime legislation. Please see Legal Pack for further details.

* 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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Sold for £132,500

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Office Contact

James Ashworth
0161 967 0122

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