Apartment 8, Old Church Court, 40, Weaste Road, SALFORD, Lancashire, M5 5FW

Description

Leasehold two-bedroom flat Full vacant possession Location: The property is situated on Weaste Road close to its junction with Liverpool Street. Public transport links are well provided with Eccles Railway Station to the west, together with the many train links and network of local bus services in Manchester City Centre to the east. Shopping amenities can be found locally with an extensive range of shops, bars and restaurants located in Manchester City Centre. Local recreational pursuits include Buile Hill Park and Clarendon Leisure Centre. Finally, the property benefits from lying within close proximity to Manchester University. Accommodation: Two bedrooms, open plan reception room/kitchen, bathroom/WC EPC rating: C Council Tax Band: B Lease: Held on a lease for a term of 125 years from 1st January 2015 - for further information please refer to the legal documentation. To view: 27/8, 29/8, 2/9, 5/9 at 1pm No booking required – Please arrive at the time stated

Location

The property is situated on Weaste Road close to its junction with Liverpool Street. Public transport links are well provided with Eccles Railway Station to the west, together with the many train links and network of local bus services in Manchester City Centre to the east. Shopping amenities can be found locally with an extensive range of shops, bars and restaurants located in Manchester City Centre. Local recreational pursuits include Buile Hill Park and Clarendon Leisure Centre. Finally, the property benefits from lying within close proximity to Manchester University. Accommodation: Two bedrooms, open plan reception room/kitchen, bathroom/WC

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆