177 Gillbent Road, Cheadle Hulme, Cheshire SK8 6NH
Barnett Ross Property AuctioneersBarnett Ross was formed in October 2002, drawing upon the combined 60 year's auction experience of John Barnett and Jonathan Ross, and immediately established itself as one of the largest independent auction houses in the U.K.
Read more Read moreLot 20 Residential Investment – 3 Bed Duplex Flat – Gross Yield 10% 6 Week Completion Situation Located close to the junction with Grove Lane within this mixed commercial and residential parade, conveniently located approx. 1½ miles from Cheadle Hulme town centre and Cheadle Hulme Railway Station (National Rail). Manchester Airport is approx. 4 miles distant. Cheadle Hulme is a popular suburb situated some 8 miles south of Manchester city centre, enjoying easy access to the M60 Ring Road (Junction 2). Property Forming part of a mixed use parade comprising a Self-Contained 3 Bed Duplex Flat on the first and second floors accessed from the rear of the building. The flat benefits from uPVC double glazing and gas central heating. Accommodation First Floor Living Room, Kitchen Second Floor 3 Bedrooms, Bathroom, separate WC GIA Approx. 882 sq ft¹ ¹Not inspected by Barnett Ross. Area taken from EPC. VAT is NOT applicable to this Lot Tenure Leasehold for a term of 125 years from completion at a peppercorn ground rent. Tenancy The property is let on an Assured Shorthold Tenancy to 2 Individuals ( see Note 1) for a term of 6 months from 20th September 2017 (holding over) at a current rent of £7,500 per annum exclusive (£625 pcm) . Video tour Click here to view the video tour of the flat. Note 1: One of the individuals named on the AST is no longer in occupation. Note 2: There is a £625 Rent Deposit held. Note 3: The adjoining flat (No. 179) is also being offered for sale in this auction - see Lot 19.
