Lot 15 - 280 Heron Street, Oldham, Lancashire, OL8 4JR

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000
  • Mid Terrace House
  • Three Bedrooms
  • Double glazing
  • Central heating
  • Investment Property producing £7,800 per annum

ON BEHALF OF LPA RECEIVERS: Three bedroom mid terrace house Let at £650pcm

Description

A residential investment comprising a three bedroom mid terrace house benefiting from double glazing and central heating (not tested). The property is let at a rent of £650pcm.

Location

The property is located in the area of Hollins which is approximately 2.5 miles south of Oldham and 4 miles north of Ashton-Under-Lyne. A number of local amenities are available nearby with Lyndhurst Primary School situated opposite.

Tenure

The property is held Leasehold for a term of 980 years from the 8th February 1946 at a ground rent of £3.50.

Accommodation

Ground Floor: Entrance Hall, Lounge, Dining Room and Kitchen
First Floor: Three Bedrooms and Bathroom

Outside

Front paved forecourt and rear yard.

Tenancies

The property is let on an statutory monthly periodic tenancy after expiry of an Assured Shorthold Tenancy at a current rent of £650pcm.

EPC

Energy Performance Asset Rating - C

Council Tax Band

A

Lease Start Date

08/02/1946

Lease Duration

980 years (902 years unexpired)

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Office Contact

Kate Lay
0161 967 0122
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