LOT 12 · RESIDENTIAL PROPERTY
703 Hyde Road
Manchester, M12 5PS
Property description
The property comprises a one bedroom ground floor flat situated within a purpose built building arranged over ground, first and two upper floors. Periodic Tenancy Producing £6,840 Per Annum please refer to the legal pack for tenancy details.
Accommodation
Ground Floor
Reception Room
Bedroom
Kitchen
Bathroom / WC with Wash Hand Basin
Location
The property is situated close to shops and local amienities. Transport links are provided by Belle Vue and Ashburys Rail Station with easy access into Manchester City town centre.
Exterior
Communal Gardens
Tenure
Leasehold. There are approximately 134 years remaining
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 9.8%
- Net yield
- 9.8%
- Annual income
- £6,840
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
Additional Fees & Important Information — Swift Property Auctions
Buyer's Premium & Disbursements
Some lots may include additional charges on completion. Full details are contained within the legal pack and addendum and should be reviewed before bidding.
Guide & Reserve Prices
Guide prices reflect the seller's minimum expectation at the time of listing. They are not valuations and may change prior to auction. All lots are offered subject to a Reserve Price, being the minimum the seller has authorised a sale at.
Administration Fee
A fee of £1,800 (including VAT) is payable on exchange, unless stated otherwise in the addendum.
Available Prices (Post-Auction)
Where a property remains unsold, an Available Price may be advertised. This reflects the seller's expectations post-auction and is subject to contract.
Reliance on Guide Prices
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Fees, VAT & Additional Charges
Guide Prices exclude the buyer's fee, VAT (if applicable), and any seller's costs. These are detailed within the Special Conditions of Sale.
Accuracy & Property Condition
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Withdrawn or Pre-Sold Lots
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PROPERTY ENQUIRY
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