- Auction Date - 26th March +
- Tenanted until June 26 +
- Let at £31,200PA +
- Ready Made Investment +
- Fantastic Location +
- Please Note You Need To Register To Bid +
**Guide Price £220,000 £3,600 inclusive of vat
For sale by unconditional online auction on the 26th of March 2025.
Registration is now open, bidding opens on 26th of March at 10:00 and ends on 26th of March at 16:00.**
This spacious four-bedroom, three-bathroom property at 15 Mackworth Street, M15 5LP, is an ideal investment opportunity, currently generating £31,200 per annum in rental income. The property benefits from a well-maintained layout that caters perfectly to the rental market, with generous bedroom sizes and multiple bathrooms ensuring high tenant satisfaction and retention. Situated in a sought-after area with strong rental demand, it offers convenience and accessibility to local amenities, transport links, and nearby universities.
Description
This spacious four-bedroom, three-bathroom property at 15 Mackworth Street, M15 5LP, is an ideal investment opportunity, currently generating £31,200 per annum in rental income. The property benefits from a well-maintained layout that caters perfectly to the rental market, with generous bedroom sizes and multiple bathrooms ensuring high tenant satisfaction and retention. Situated in a sought-after area with strong rental demand, it offers convenience and accessibility to local amenities, transport links, and nearby universities.
For property investors, this is a solid turnkey investment with immediate income and potential for future capital appreciation. The property's rental yield is competitive, making it an attractive addition to any portfolio. With a growing demand for quality rental homes in this area, 15 Mackworth Street represents a low-risk, high-yield asset that is sure to appeal to seasoned and first-time investors alike.
Similar Properties Sold:
4, Yew Street, Manchester, M15 5YW - Sold - 05/07/2024 - £320,000
11, Pickering Street, Manchester, M15 5LQ - Sold - 10/07/2023 - £316,000
30, Drayton Street, Manchester, M15 5LL - Sold - 13/05/2022 - £315,000
Leasehold 978 remaining
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £3,600 buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
