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Potential 4-Bed HMO, Salford, M6 5LA £162,000

Highfield Road, Salford, M6 5LA - 17 views - a year ago
  1. Deal Search
  2. Salford
  3. M6
  4. M6 5LA
Auction
HMO
ROI: 26%
~93 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £162,000

February 4, 2025

Description

  • Great Investment +
  • To be sold by the modern method of auction +
  • Large rooms +

For sale by Modern Auction – T&C's apply Outstanding investment opportunity! Ideal first investment currently rented to tenants. Kingtons Estate Agents are pleased to offer for sale by way of auction Highfield Road, Salford. Ideally located for all local amenities and universities. Large end terrace, currently tenanted. Popular HMO and student rental area. Ideal investment. Two reception rooms, three good size bedrooms, and kitchen and bathroom. Rear garden Viewings to be arranged by appointment, please contact us to if you wish to request a legal pack and be registered to make a bid. * For sale by Modern Auction – T&C's apply

This property is for sale by the Modern Method of Auction.
 
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This time allows buyers to get in place any mortgage finance required (subject to lending criteria, affordability and survey).

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 Clare Griffiths at Kingtons Estate Agents on .

The buyer will be required to sign a Reservation Agreement and make payment of a non-refundable Reservation Fee. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.  Further clarification on this must be sought from your legal representative.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Buyers will be required to go through an identification verification process and provide proof of how the purchase would be funded.

*Guide Price: This is an indication of the 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.”

A Legal Pack will be made available for this property.  The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.

TO MAKE A BID – Please contact our office for more details.    *

EPC Rating: D

Agent Details

Kingtons, Radcliffe

0161 524 3538

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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