Lot
039
Auction: June 2023 Online Auction 21/06/2023 - Bidding opens Tuesday 20th June 10:00 AM

70 Woodland Road, Manchester, M18 7JE &, 2a Waterhouse Road, Manchester, Greater Manchester, M18 7HZ

Property Details
Location
Auction Details
Description
A freehold residential investment opportunity comprising an end terrace building currently split into 2 x 1 bedroom flats. The flats are currently let at £695pcm and £675pcm respectively, equivalent to £16,440 per annum. We understand that both flats have been refurbished recently and are well presented. Additionally there is an advertising hoarding which is subject to a 999 year lease commencing March 2018.
Location
The property fronts onto the corner of Woodland Road and Waterhouse Road close to it's junction with Hyde Road (A57). A variety of amenities, facilities and public transport are available within the immediate surrounding area whist Manchester City Centre lies 4 miles to the north west.
Accommodation
Pugh & Co have not inspected either property internally. 
Tenancy

1. We understand the ground floor flat is let at £675pcm on an AST dated 17th September 2022 and the first floor flat is let at £695pcm on an AST dated 25th October 2022.

2. The advertising hoarding is let on a 999 year lease dated March 2018.

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 20TH JUNE AND CLOSES ON WEDNESDAY 21ST JUNE.

3. The property is listed with a Council Tax assessment in Band A.

4. Energy Performance Certificates: 70 Woodland Road = D. 2a Waterhouse Road = E.

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