- TO BE SOLD UNDER AUCTION TERMS +
- RENOVATE AND RE SELL +
- LUCRATIVE INVESTMENT IN GREAT LOCATION +
- EPC RATING - C +
- POTENTIAL YIELD OVER 13% BASED ON TODAY GUIDE +
- CLOSE TO CITY CENTRE +
TO BE SOLD BY ONLINE AUCTION ON 12 TH JUNE 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
11 Smedley Road, Manchester, M8 0LN
Vacant. In need of full renovation and comprising; lounge, dining room, kitchen, three bedrooms and a bathroom. Front and rear gardens.
This is a fantastic investment opportunity for a buy-to-let, a renovation project to sell on, or a home buyer looking for a project. With similar properties in the area demanding £1200-£1400 pcm and some nearby selling for £200,000 upwards, this property presents a promising return on your investment.
Located in the Cheetham Hill district of north Manchester, this property is well placed for access to a good range of amenities, including shops, schools, places of worship, Heaton Park, and North Manchester General Hospital. It is also situated less than 3 miles from the heart of Manchester city centre, along with Prestwich, Bury, and Middleton centres all easily accessible via excellent road and transport links, including a Metrolink station just a few minutes' walk away.
Not one to be missed!
Here are a handful of nearby sold properties taken from Land Registry which highlight the potential to be unlocked;
57 Smedley Lane Manchester M8 8XG- Sold - 12/05/2023 £215,000 Semi-Detached 3 beds 0.12 mi
6 Durley Avenue Manchester M8 0PU- Sold - 19/04/2023 £200,000 Semi-Detached 3 beds 0.33 mi
9 Maureen Avenue Manchester M8 5AR- Sold - 05/04/2023 £245,000 Semi-Detached 3 beds 0.76 mi