2 bedroom terraced house

Currently rented out at £525pm providing a yield of 7.4%.

This two bedroom mid-terraced property provides a wonderful opportunity for a buy to let investor to get their foot on the property ladder or enhance their existing portfolio.

Located in the popular residential area of Newton Heath, the property is situated within walking distance of shops, schools and transport links with excellent access routes into Manchester City Centre including the Metro Link network.

The accommodation to the ground floor comprises of two reception rooms and kitchen to the rear. Whilst to the first floor there are two great sized double bedrooms and a three piece family bathroom suite. The property also benefits from private rear yard and street parking. Viewings are highly recommended.

Subject to contract. EPC rating - D

Auctioneers Comments:
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.20% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the agreed purchase price and is 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 property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the iamsold will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.