11 bed property for sale

Eccles Old Road, Salford M6

Tenure: Leasehold

Briscombe are delighted to present this substantial block of apartments, available for sale via auction and offered on a chain free basis. Set over three floors with an additional basement level, the property comprises eleven one-bedroom flats, each currently tenanted, making this an ideal opportunity for landlords and investors seeking immediate rental income.
The residential premises are well maintained and benefit from a practical layout that maximises space and privacy for tenants. Situated in a sought-after location, the building enjoys excellent transport links, ensuring easy access to local amenities and commuter routes. The additional basement level provides further versatility, offering potential for storage or future development (subject to relevant consents).
This property represents a rare chance to acquire a fully tenanted investment with strong income potential and minimal management requirements. This is a unique opportunity to secure a significant addition to your investment portfolio, with the reassurance of established tenants in situ and no onward chain. Early viewing is highly recommended to appreciate the scope and potential this residential block offers.

The properties currently generate a total rental income of £7,705 per calendar month, equating to an annual rental income of £92,460.

Please be advised new heating systems have been installed in each flat when the EPC’s were carried out.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law. The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

EPC Rating: D

Flat One

Hallway
Kitchen 1.81m x 2.76m
Lounge 1.84m x 4.94m
Bedroom 2.77m x 3.13m
Shower Room 1.78m x 1.28m

Flat Two

Hallway
Lounge 4.53m x 3.53m
Bedroom 2.77m x 2.73m
Kitchen 3.23m x 4.04m
Shower Room 1.45m x 3.91

Flat Three

Hallway
Lounge 3.63m x 3.63m
Kitchen 1.46m x 3.65m
Bedroom 2.88m x 3.42m
Shower Room 1.30m x 3.64

Flat Four

Studio similar to Flat 6

Laundry (1.23m x 2.53m)

Flat Five

Hallway
Lounge/Bed Sit 5.26m x 2.94m
Kitchen 2.37m x 2.12m
Shower Room 2m x 1.68m

Flat Six

Hallway
Lounge/Bed Sit 4.16m x 3.81m
Kitchen 2.43m x 2.27m
Shower Room 2.42m x 1.84m

Flat Seven

Hallway
Lounge 5.29m x 2.94m
Kitchen 1.56m x 3.41m
Bedroom 4.24m x 2.54m
Shower Room 3.26m x 1.60m

Flat Eight

Hallway
Lounge 4.53m x 3.21m
Kitchen 3.48m x 2.19m
Bedroom 2.62m x 4.34m
Shower Room 3.24m x 1.26m

Flat Nine

Hallway
Lounge 4.05m x 3m
Kitchen 1.44m x 2.67m
Bedroom 5.20m x 3.40
Shower Room 1.37m x 1.72m

Flat Ten

Hallway
Lounge/Bed Sit 6.79m x 2.47m
Kitchen 2.37m x 1.46m
Shower Room 1.42m x 1.69m

Flat Eleven

Hallway
Lounge/Bed Sit 4.6m x 3.72m
Kitchen 2.80m x 2.55m
Shower Room 2.53m x 2.12m