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1 bed Flat For Auction
Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester, M9

£62,000
Starting Bid
  • Property at Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester
  • Property at Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester
  • Property at Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester
  • Property at Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester
  • Property at Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester
  • Property at Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester
  • Property at Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester

Key Features

  • TO BE SOLD UNDER AUCTION TERMS
  • POTENTIAL YIELD OVER 13.5%
  • CLOSE TO NORTH MANCHESTER HOSPITAL
  • GREAT LINKS TO CITY CENTRE
  • PROMISING BUY TO LET INVESTMENT
  • MODERN 2ND FLOOR FLAT
  • For Auction on 15th May 2024
  • Lot 19

Full Description

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TO BE SOLD BY ONLINE AUCTION ON 15th MAY 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

*** Flat 20 Old School Court, Old School Drive M9 8DR ***

Vacant second floor modern apartment comprising; intercom entry, hallway, lounge, modern kitchen, one bedroom and bathroom. Communal gardens.

**** VIRTUAL VIEWING AVAILABLE ****

An excellent opportunity for a buy to let investor to take on a lucrative investment with similar flats in the area commanding in the region of £650-£700 pcm which equates to £8400 per annum, it offers an impressive 13.5% yield based on today's guide.

The property is located in a popular area and with high demand and little available, it makes a promising buy to let investment. There is a wide range of shops and supermarkets nearby and the property is ideally placed for access to Manchester city centre and the M60/M62. It is also ideally placed for access to North Manchester General Hospital, Booth Hall Children's Hospital, Boggart Hole Clough, and North Manchester Sixth Form College.

Here are a handful of similar sold properties which highlight the potential to be unlocked:

5 Gillford Avenue Manchester M9 4HD - Sold - 11/05/2023 £102,000 Flat 1 beds 0.96 mi

28 Coppleridge Drive Manchester M8 4PB - Sold - 09/03/2023 £80,105 Flat 1 beds 0.87 mi

Apartment 3 73 Old Market Street Manchester M9 8DX- Sold - 19/06/2023 £98,000 Flat 2 beds 0.06 mi

Rental values in the area are in the region of £650-£700 PCM. Epc rated- E

Important Information

  • Council Tax Band: A
  • Tenure: Leasehold
  • Years Remaining on the Lease: 970
Notice

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Floorplan for Flat 20 Old School Court, 2 Old School Drive, Blackley, Greater Manchester

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