Guide price
£70,000
2 bed flat for saleHighclere Avenue, Salford M7
2 beds
1 bath
1 reception
EPC Rating: D
Auction
Leasehold
About this property
Quote Ref: 826924 when calling
Amazing Views over Manchester
Cash Buyers Only
Investors, here’s another one for the spreadsheet – and the numbers aren’t messing about. Cash buyers only and to be sold on the Modern Method of Auction.
Positioned on the 12th floor of City View, this two-bedroom apartment combines a cracking elevated outlook across Salford and Manchester with something every landlord likes to see – an established tenant already paying the rent.
Currently let at £1,000 pcm, the property is occupied by long-term tenants who would be happy to remain. So, if you’re buying as an investment, there’s no starting from scratch, no advertising for tenants and no waiting around for the first rent to land.
At the asking price, that works out at an approximate 14% gross rental yield.
Fourteen percent and tenants already in place? Now you’re talking our language.
The apartment offers a practical, well-proportioned layout with two bedrooms, a generous living area, fitted kitchen and bathroom, all presented in a condition that makes this a straightforward proposition for an investor.
And then there are those 12th-floor views. Manchester’s skyline stretching out in front of you, plenty of natural light and a proper city feel without being right in the thick of the city-centre hustle.
Located on Highclere Avenue in Salford, you’re well placed for local amenities, transport connections and access into Manchester city centre – exactly the sort of location that helps keep rental properties doing what they’re supposed to do: Staying rented.
The existing tenants would like to stay, but the property can also be sold with vacant possession if required, giving the next owner flexibility over what they want to do with it.
Don't miss out on this unreal opportunity to buy this flat and contact me to book a viewing
Auctioneers comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional
Living Room (7.28 x 3.09)
Open plan living room/Kitchen
Bathroom (2.18 x 1.99)
Bedroom (4.23 x 2.91)
Bedroom (4.22 x 2.31)
Positioned on the 12th floor of City View, this two-bedroom apartment combines a cracking elevated outlook across Salford and Manchester with something every landlord likes to see – an established tenant already paying the rent.
Currently let at £1,000 pcm, the property is occupied by long-term tenants who would be happy to remain. So, if you’re buying as an investment, there’s no starting from scratch, no advertising for tenants and no waiting around for the first rent to land.
At the asking price, that works out at an approximate 14% gross rental yield.
Fourteen percent and tenants already in place? Now you’re talking our language.
The apartment offers a practical, well-proportioned layout with two bedrooms, a generous living area, fitted kitchen and bathroom, all presented in a condition that makes this a straightforward proposition for an investor.
And then there are those 12th-floor views. Manchester’s skyline stretching out in front of you, plenty of natural light and a proper city feel without being right in the thick of the city-centre hustle.
Located on Highclere Avenue in Salford, you’re well placed for local amenities, transport connections and access into Manchester city centre – exactly the sort of location that helps keep rental properties doing what they’re supposed to do: Staying rented.
The existing tenants would like to stay, but the property can also be sold with vacant possession if required, giving the next owner flexibility over what they want to do with it.
Don't miss out on this unreal opportunity to buy this flat and contact me to book a viewing
Auctioneers comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional
Living Room (7.28 x 3.09)
Open plan living room/Kitchen
Bathroom (2.18 x 1.99)
Bedroom (4.23 x 2.91)
Bedroom (4.22 x 2.31)
Mortgage calculator
Monthly repayment
£350 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (976 years)
Service charge
£2,000 per year
Council tax band
A
Ground rent
£125
Ground rent date of next review



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