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Property for Auction in Manchester

Flat 46, Carmel Court, 14 Holland Road, Manchester, M8 4NP

Residential
About this Property
2024-10-22
Traditional
Residential
Description

A tenanted apartment located on the outskirts of Manchester City Centre achieving a rental income of £650pcm/£7,800, producing an attractive gross yield of 19.5% when based on the quoted guide price.

The apartment is located on the 3rd floor and can be accessed via a lift and accommodation comprises entrance vestibule, bathroom, lounge & kitchen. The bedroom area is located off the lounge and uses borrowed light.

The property sits in a convenient location with easy access to local shops, Manchester City Centre, North Manchester General Hospital and Heaton Park.

Lease Length - 250 years from January 2005 Ground Rent - £328.34pa Service Charge - £3,495.04pa (£873.76 per quarter) Tenure Leasehold Third Floor Apartment Entrance Vestibule
Lounge
Kitchen
Bedroom Area
Bathroom Energy Efficiency Rating (EPC) Current Rating C Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Local Authority Manchester City Council Council. Tax Band A Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1500 inc VAT. Disbursements - Search Fees: £300 inc VAT. Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Location
More Information
Leasehold
Holland Road
Planing Authority
Manchester LPA
Sold Price History
02 Oct 2024Withdrawn Lot Edward Mellor Estate Agents Ltd£42,000
22 Jan 2025Withdrawn Lot Edward Mellor Estate Agents Ltd£45,000
22 Jan 2025Withdrawn Lot Edward Mellor Estate Agents Ltd£45,000
12 Feb 2025Sold Lot Auction House London£55,000
12 Feb 2025Sold Lot Auction House London£55,000
19 Mar 2025Unsold Lot Auction House London£35,000
19 Mar 2025Unsold Lot Auction House London£40,000
26 Mar 2025Sold Lot Mark Jenkinson
26 Mar 2025Unsold Lot Pugh & Company Limited£50,000
23 Apr 2025Sold Lot Auction House London£35,000
23 Apr 2025Sold Lot Auction House London£55,000
14 May 2025Unsold Lot Edward Mellor Estate Agents Ltd£45,000
28 May 2025Withdrawn Lot Auction House London£35,000
02 Jul 2025Unsold Lot Auction House London£35,000
08 Jul 2025Unsold Lot Auction House Manchester£45,000
06 Aug 2025Withdrawn Lot Auction House London£35,000
02 Sep 2025Available Lot Auction House Manchester£40,000
10 Sep 2025Available Lot Auction House London£35,000

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