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Carmel Court, 14 Holland Road, Manchester, M8

Key features

  • FOR SALE BY LIVE STREAM AUCTION ON TUESDAY 22ND OCTOBER 2024 AT 12PM
  • GUIDE PRICE £40,000+
  • TENANTED APARTMENT
  • COUNCIL TAX BAND A
  • EPC RATING: C

Description

FOR SALE BY LIVE STREAM AUCTION ON TUESDAY 22ND OCTOBER 2024 AT 12PM

*GUIDE PRICE £40,000+

Attention landlord investors!

A tenanted apartment located on the outskirts of Manchester City Centre achieving a rental income of £650pcm/£7,800, producing an attractive gross yield of 19.5% when based on the quoted guide price.

The apartment is located on the 3rd floor and can be accessed via a lift and accommodation comprises entrance vestibule, bathroom, lounge & kitchen. The bedroom area is located off the lounge and uses borrowed light.

The property sits in a convenient location with easy access to local shops, Manchester City Centre, North Manchester General Hospital and Heaton Park.

Lease Length - 250 years from January 2005
Ground Rent - £328.34pa
Service Charge - £3,495.04pa (£873.76 per quarter)



THERE WILL BE NO ACCESS BETWEEN EXCHANGE AND COMPLETION.



ACCOMMODATION

Entrance Vestibule

Lounge

Kitchen

Bedroom Area

Bathroom

ADDITIONAL INFORMATION

Tenure

Leasehold

Disclaimer

Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.

Council Tax

Band A

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Search Fees: £300 inc VAT.

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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

Brochures

Web Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Carmel Court, 14 Holland Road, Manchester, M8

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Crumpsall Tram Stop0.3 miles
  • Bowker Vale Tram Stop0.3 miles
  • Woodlands Road Tram Stop1.0 miles
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About Auction House, Manchester

Edge View House Salmon Fields Business Village, Royton, Oldham, OL2 6HT

Auction House is the UK's largest residential and commercial property auction company, we sell more properties than any other auctioneer, and operate more auction rooms than anyone else. We also run regular National Online Auctions with eBay style internet bidding from the comfort of your own home. If you are looking for your next refurbishment project, buy to let investment, commercial property, land for a self-build, or simply a bargain property, register today to start receiving property alerts to help with your search. If you have property to sell, why not speak to one of our team in your area to find out how Auction House can provide you with an easier way to sell locally, regionally or indeed nationally.

Auction House Manchester is one of the leading auctioneers in the Greater Manchester area. We have been auctioneers since 2012 and hold seven multi-lot live streamed auctions each year as well as online auctions every week. We work closely with major estate agents Ryder & Dutton and Mortimers - together they help us provide the best service possible across Manchester and from many of the surrounding towns including Oldham, Rochdale, Royton, Tameside, Sale, Macclesfield, Stockport, High Peak and Salford. Our service is second to none, we are the local experts with auctions of circa 40 lots, mainly residential but we also sell land and commercial properties and a significant number of tenanted investments for landlord clients too. Ring, email or message us and we will be delighted to assist

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Disclaimer - Property reference AUC230218. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Manchester on 0161 524 8910.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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