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2 Bed Flat, Cash/Bridging Only, Manchester, M16 9GZ £95,000

The Pulse, 50 Manchester Street, Old Trafford, Manchester, M16 9GZ - 5 views - 9 months ago
  1. Deal Search
  2. Manchester
  3. M16
  4. M16 9GZ
Leasehold
Auction
Cash
ROI: 5%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Manchester
  • More Deals in M16
  • More Cash/Bridging Only Deals
  • More Cash/Bridging Only Deals in Manchester
  • More Cash/Bridging Only Deals in M16

Property History

Listed for £95,000

March 26, 2025

Floor Plans

Description

  • Cash Buying Investors only +
  • Currently Rented At £1100pcm Providing A Yield Of 13.2% Until November 2026 +
  • Fantastic Location +
  • First Floor Position +
  • Large Living Area & Integrated Kitchen +
  • Two Double Bedrooms +
  • Family Bathroom +
  • Secure Communal Gardens +
  • No Chain Delays +
  • 20 Min Walk to Deansgate/25 Mins Walk to Chorlton +

CASH BUYING INVESTORS ONLY!!!

Situated in a sought-after residential area, the apartment offers excellent transport links with a nearby Metrolink Station, ensuring a short commute to the City Centre, Salford Quays, and local universities. Perfect for owner occupiers or investors, this property has a rental income of £1100pcm providing a yield of 13.2% until November 2026.

This first floor flat comprises: an entrance hallway, spacious open plan lounge/dining area with access to the Juliette balcony, fully fitted kitchen, two double bedrooms and stylish bathroom suite. The property also benefits from secure allocated parking.

Subject to contract. EPC Rating C.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. 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.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Agent Details

Thornley Groves, Manchester Southern Gateway

0161 524 4726

Next Steps?

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

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Investment Opportunity

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