House of Multiple Occupation
Five bedroomed HMO, benefitting from gas central heating, double glazing and rear yard. The property is well located, approximately two miles outside of the city centre with plenty of amenities and services nearby. In the local area you’ll find a number of Supermarkets, shops and eateries all of which are within walking distance of the property. The property also benefits from regular bus services in the area and Salford Crescent train station which is just over two miles away. In terms of outdoor spaces, you’ll find Kersal Wetlands, Albert park and Green Grosvenor Park nearby, all proving space for walking and other outdoor activities. There are also a number of gyms and sporting facilities close to the property.
The auctioneers have not inspected the property but believe it to comprise -
13ft 1 x 9ft 10
Kitchen area: 5ft 9 x 8ft
Living area: 11ft 10 x 11ft 3
13ft x 11ft 8
11ft 9 x 9ft 9
6ft x 5ft 9
4ft 10 x 7ft
8ft x 12ft 1
16ft 2 x 7ft 1
5ft 12 x 6ft 7
Rear yard
Room 1 Ground floor £300 4 weekly, £325.00 equivalent pcm
Room 2 1st Floor £316. 4 weekly, £342.33 equivalent pcm
Room 3. 1st Floor. £300 4 weekly, £325.00 equivalent pcm
Room 4. 2nd Floor £300 pcm
Room 5 2nd Floor £304. 4 weekly. £329.33 equivalent pcm
Total annual income. 19,459.92
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
