Lot 2 - 48 Elm Grove, Hyde, Cheshire, SK14 2SD

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000 plus
  • Mid Terraced House
  • Three Bedrooms plus Attic Room
  • Let at an annual equivalent income of £8,100

ON BEHALF OF RECEIVERS: A three /four bedroom end terrace house let at an annual equivalent rent of £8100

Description

The property comprises a three bedroom plus attic room extended mid terrace house benefiting from double glazing and central heating (not tested). It is sold subject to a tenancy and it is let at a monthly rent of £675.

Location

The property is situated on Elm Grove which can be accessed from Grange Road North via Miles Street. Hyde town centre is located within approximately 0.7 miles providing a range of local amenities including Clarendon Square shopping centre.

Accommodation

Ground Floor: Lounge, Dining Room and Kitchen
First Floor: Landing, Three Bedrooms and Bathroom
Attic Level: Further Room

Outside

Rear garden.

Tenancies

The property is occupied by mother and daughter. We have a copy of an AST to one of them which was granted for 12 months from 19th June 2019 at a rent of £325 so they now occupy under the terms of a statutory periodic tenancy. The Receivers do not have a copy of the other tenancy and they are paying £350 per month and copy rent statements are available in the legal pack.

EPC

Energy Asset Rating is C.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,400 (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.

* 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 £145,500

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Important Documents

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