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3, Edson Road, MANCHESTER, Lancashire, M8 4WF

1st August 2023
starts 10:00 AM at Grand Connaught Rooms
last bid was £160,000, sold for
undisclosed

Tenure: Leasehold.  Lease Information awaited.  Please check the Legal Pack for further details.

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The negotiator dealing with this Lot is Callum Glenn and he can be contacted by email: callum.glenn@barnardmarcus.co.uk
Long Leasehold Semi Arranged as Two Flats
One Flat Vacant, One Flat Let
Significant Potential

Location:
The property is located within a cul-de-sac in this very popular north Manchester area of Higher Crumpsall. The immediate surrounding area is residential yet close to a range of local amenities and good transport links. The A576 Middleton Road lies moments from the property and leads south directly to Manchester City Centre within four miles. Another significant attraction to the area is the outdoor recreational space of Heaton Park which is located within a few minutes’ walk of the property and provides a host of recreational pursuits. The M60 lies just to the north and for investors, there is the added advantage of tenant demand from staff at North Manchester General Hospital located some 30 minutes’ walk from the property.

Description:
The property comprises what was originally a three bed semi-detached house that is now arranged to provide two self-contained flats. Externally there is hardstanding to the front for off- street parking, and a side access leading to the rear garden.

Accommodation/Tenancy:
First Floor Flat Comprising: One Bedroom, Reception Room with kitchen off, Bathroom/wc.
Council Tax Band: A. Combined EPC Rating: D
This flat is currently let on an assured shorthold tenancy at a rent of £490 per calendar month.

Ground Floor Flat Comprising: One Bedroom, Reception Room, Kitchen off, Bathroom/wc.
Council Tax Band: A. Combined EPC Rating: D
This Flat is Vacant

Rent Reserved:
£5,880 per annum plus vacant ground floor flat

Potential:
The property would benefit from updating and modernisation and it is understood the current rent for the first floor flat could be significantly enhanced. Purchasers may wish to also consider reinstatement of the
property to a family dwelling with potential for extensions. Purchasers are deemed to have relied solely upon their own enquiries as to permissions that may be required for intended use and/ or development.

Tenure:
Held on a lease for a term of 999 years ( less 1 day ) from 24/06/1923 at a ground rent of £4.10s.0d per annum

To View:
Strictly and only by prior arrangement with the auctioneers




Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Council Tax Band: A
Leasehold Information:

  • Number of years left on lease: 898 years (as of Auction date)
  • Annual service charge: Please contact Auction centre
  • Annual ground rent: Please contact Auction centre
  • Annual ground rent review period: Please contact Auction centre
  • Ground rent increase: Please contact Auction centre

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 14th February 2024 at 01:58 PM
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