Lot 12 - 6 Chilton Avenue, Chadderton, Oldham, Lancashire, OL9 9RB

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000
  • Residential Investment
  • 2 bedroom semi-detached bungalow
  • Let at an annual equivalent gross rent of of £7,200

ON BEHALF OF RECEIVERS: Residential Investment comprising a 2 bedroom semi-detached bungalow let at a gross annual equivalent rent of £7,200

Description

The property comprises a a 2 bedroom semi-detached bungalow which will be sold with a tenant in situ with a monthly rent reserved of £600.

Location

The property is located in Chadderton, a town in the Metropolitan Borough of Oldham, in Greater Manchester. It is located approximately 1 mile west of Oldham and 6 miles to the northeast of Manchester. The subject property is located on Chilton Avenue, a residential cul-de-sac which links to Milton Drive, which in turn leads to the main A663. Freehold tram stop is within 1 mile from the property.

The surrounding area predominantly comprises residential housing, similar to the subject. There are a number of local amenities in close proximity to the subject, including local shops, restaurants, and schools. Further amenities including shops, restaurants and pubs are located within Oldham town centre.

Tenure

Leasehold title number LA127535 for a period of 995 years from 24 June 1954.

Accommodation

Ground Floor: Living room, two bedrooms, kitchen, bathroom, and conservatory to the rear.

Outside

Driveway and garden at the front and a single detached garage and garden at the rear.

Tenancies

The tenant is holding over from an assured shorthold tenancy agreement from June 2017 at a current rent of £600 per month (see rent statement), although the original agreement stated £126.92 eper week.

EPC

Energy Asset Rating is D.

Council Tax Band

B

Buyers Administration Fee

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

Additional Information

1. The Internal pictures were taken either at the end of 2021 or the start of 2022.

2. 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.

3. 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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