LOT 11 · RESIDENTIAL PROPERTY

15 Fairhaven Street

Manchester, M12 5EE

Guide price£125,000+Plus fees

Property description

The property comprises a two bedroom mid-terraced house arranged over ground and first floors.

Accommodation

Ground Floor
Reception Room
Dining Room
Kitchen

First Floor
Bedroom One
Bedroom Two
Bathroom

External
Rear yard

Location

The property is situated on Fairhaven Street, within the Ardwick / Beswick area of Manchester. Manchester city centre, the Etihad Campus and a range of local shops and transport connections are within reach.

Exterior

Rear Yard

Addendum

There is an additional buyers premium of £5,000 Plus VAT applicable on this lot. This is in addition to the buyers admin fee of £1,500 Plus VAT. Both fees are payable to the auctioneers.

Run the Numbers

Explore rental returns and monthly repayments for this property.

Your rental returns

Gross yield
9.6%
Net yield
9.6%
Annual income
£11,940

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

Swift Property Auctions and the seller accept no responsibility for any loss arising from reliance on Guide Prices. It is the bidder's responsibility to determine the level at which they wish to bid.

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

Particulars, images and measurements are for guidance only and may change. No warranty is given as to condition or structure. Buyers should make their own enquiries and obtain professional advice before bidding.

Withdrawn or Pre-Sold Lots

Neither Swift Property Auctions nor the seller will be liable for costs or losses relating to lots withdrawn or sold prior to auction.

PROPERTY ENQUIRY

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15 Fairhaven Street, Manchester, Lancashire, M12 5EELot reference 354633

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