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: 826929 when calling
Manchester City Centre
Tenanted paying £1000pcm
Can be sold vacant or occupied
Amazing views of Manchester
Calling all investors... This one’s not bad for a flat with its head in the clouds!
Sitting pretty on the 12th floor of City View, this spacious two-bedroom flat does exactly what it says on the tin – gives you one cracking view across Salford and the Manchester skyline.
And while the view might grab your attention, the numbers are what’ll keep it.
The property is currently home to long-term tenants paying £1,000 pcm, and they’d be more than happy to stay put. That means no hunting around for tenants, no empty-property headache and no shelling out on tenant-find fees – you could have rental income coming in from the off.
At the asking price, we're talking an approximate 14% gross yield.
Yep. Fourteen percent. We checked it too.
Inside, you've got two bedrooms, a good-sized living space, kitchen and bathroom, with those fantastic elevated views doing a pretty decent job of reminding you that Manchester city centre is just down the road.
The location works well too. You're in an established urban Salford location, handy for local shops, amenities and transport connections, with Manchester city centre within easy reach.
And if you're not looking for a ready-made investment? No drama. The property can also be sold with vacant possession, giving buyers plenty of flexibility.
So whether you're adding another one to the portfolio or you're looking for an investment where somebody else has already done the awkward bit of finding the tenants...
This one most certainly deserves a look, give me a call to arrange 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 (7.30 x 4.00)
Open plan Living room/Kitchen
Bedroom (4.20 x 2.90)
Bedroom (4.20 x 2.30)
Bathroom (2.20 x 2.00)
Sitting pretty on the 12th floor of City View, this spacious two-bedroom flat does exactly what it says on the tin – gives you one cracking view across Salford and the Manchester skyline.
And while the view might grab your attention, the numbers are what’ll keep it.
The property is currently home to long-term tenants paying £1,000 pcm, and they’d be more than happy to stay put. That means no hunting around for tenants, no empty-property headache and no shelling out on tenant-find fees – you could have rental income coming in from the off.
At the asking price, we're talking an approximate 14% gross yield.
Yep. Fourteen percent. We checked it too.
Inside, you've got two bedrooms, a good-sized living space, kitchen and bathroom, with those fantastic elevated views doing a pretty decent job of reminding you that Manchester city centre is just down the road.
The location works well too. You're in an established urban Salford location, handy for local shops, amenities and transport connections, with Manchester city centre within easy reach.
And if you're not looking for a ready-made investment? No drama. The property can also be sold with vacant possession, giving buyers plenty of flexibility.
So whether you're adding another one to the portfolio or you're looking for an investment where somebody else has already done the awkward bit of finding the tenants...
This one most certainly deserves a look, give me a call to arrange 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 (7.30 x 4.00)
Open plan Living room/Kitchen
Bedroom (4.20 x 2.90)
Bedroom (4.20 x 2.30)
Bathroom (2.20 x 2.00)
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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