Bury
Pearson Ferrier Bury
435-437 Walmersley Road
Bury
Lancashire
BL9 5EU
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65a Market Street, Droylsden, M43 6DQ – £5,400 PA Income

Guide Price £40,000
1 bedroom
1 bathroom
1 reception

Property Features

  • FIRST FLOOR FLAT
  • LET AT £450 PCM / £5,400 pa
  • GUIDE PRICE £40,000 - £60,000
  • CLOSE TO DROYLSDEN CENTRE
  • 13.5% RETURN BASED ON LOWER GUIDE
  • IDEAL BUY TO LET INVESTMENT

Property Summary

For sale via Pearson Ferrier Auctions starting Tuesday 16th May, bidding will be on the Pearson Ferrier website and you can register to bid now. An ideal buy to let investment being auctioned with a tenant in place paying £450pcm (£5,400pa). The first floor flat has a private access to the rear and comprises one bedroom, large lounge, kitchen, bathroom and hallway. It is located in Droylsden centre a short walk from Droylsden Marina and offering good transport links to Manchester City centre which is less than five miles away and is also a short drive from J23 of the M60. This would make an ideal purchase for a first time landlord or someone looking to add to their portfolio with the property already having a tenant in place. Auction guide price £40,000 - £60,000. Buyers are advised to check the legal pack before bidding, this will be available on the Pearson Ferrier website via the bidding window on the property when available. Any changes to the details will be updated on the Pearson Ferrier website before the auction.

Full Details

Kitchen 2 x 1.91 max (6'6" x 6'3" max)
Has a side facing double glazed window, wall and base units with work surfaces, tiling to complement and a single sink unit with drainer.

Inner Hallway
Has a radiator and ceiling light point.

Lounge 5.2 x 4.83 (17'0" x 15'10")
Has two front facing double glazed windows, radiator and two ceiling light points.

Bedroom 3.4 x 2.7 (11'1" x 8'10")
Has a rear facing double glazed window, radiator and ceiling light point.

Bathroom
Has a radiator, ceiling light point and a three piece suite comprising bath, W.C. and sink with tiling to complement.

Externally
There is a private entrance with stairs up to the external door.

Additional Information
Tenure - Leasehold 125 years from 2003 - Further details in the legal pack
Council Tax - Band A
EPC - E Rating
Solicitor - JMW Solicitors

Auction Information
The auction is a traditional auction with exchange on the winning bid and completion taking place within 20 working days from the auction (unless stated otherwise in the legal pack).
Buyer's Fees - There is a buyer's premium charge of £2,500 + VAT or 2% of the purchase price (whichever is greater) and a buyer's administration fee of £500 + VAT. If there are any disbursements from the sellers side these will be detailed in the legal pack. Buyer's are advised to check the legal pack before bidding.

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Location

Floorplan

Bury
Pearson Ferrier Bury
435-437 Walmersley Road
Bury
Lancashire
BL9 5EU
MAKE AN ENQUIRY APPLY FOR FINANCE
11

All statements contained in these particulars are for indicative purposes only and are made without responsibility on the part of Pearson Ferrier and the vendors of this property and are not to be relied on as statements or representations of fact. Potential purchasers should satisfy themselves by inspection or otherwise as to the accuracy of such details contained in these particulars.

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Price information

Guide prices are provided as an indication of the seller’s minimum expectation. They are not necessarily a figure which a property will sell for and can change at any time. Each lot will be offered subject to a reserve price (a price below which the lot cannot sell). The reserve figure will be no higher than the price guide range, or if it is a single guide price figure no more than 10% above.

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