3 bedroom semi-detached house for sale

TO BE SOLD BY ONLINE AUCTION ON 25TH – 26TH MARCH UNLESS SOLD PRIOR UNDER AUCTION TERMS.

31 Sandown Crescent, Manchester, M18 7WG

Not inspected by Edward Mellor but reported to comprise; hall, lounge, kitchen/diner, three bedrooms and bathroom. Front and rear gardens. It is situated in a well-established residential area of Manchester, offering an excellent opportunity for investors seeking both immediate income and future potential.

The property is currently tenanted and reported to be producing £500 per calendar month (£6,000 per annum). Comparable rental properties within the area indicate that the current rent is below market value, presenting the potential for a rental increase over time.

It is located in an established residential area of Gorton, with strong demand from both tenants and owner occupiers. It is conveniently positioned close to a range of local amenities, schools and shopping facilities, with excellent transport links via the A57 Hyde Road, nearby bus routes and railway stations providing easy access into Manchester city centre and the wider Greater Manchester area.

Should vacant possession be obtained in the future, the property may also offer strong resale potential, with similar properties in the area achieving higher values once modernised or sold with vacant possession.

Here are some similar sold properties taken from Land Registry that highlight the potential:

26, Manby Road, Manchester, M18 7RR £226,000 Semi 3 Beds 0.70 mi

174, Mount Road, Manchester, M18 7QS £255,000 Semi 3 Bed 0.45 mi

1, Monkton Avenue, Manchester, M18 7PD £235,000 Semi 3 Beds 0.36 mi

Tenant ready property values in the area are in the region of £1000 - £1200 pcm

EPC rating D