Thorn Grove, Manchester M14 3 bed terraced house for sale

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Thorn Grove, Manchester M14 3 bed terraced house for sale

27 Thorn Grove, Fallowfield, Manchester, Greater Manchester M14 6YJ
£220,000

Our Summary

  • For sale on 24 April 2025 Our national property auction will be broadcast online with live auctioneers
  • To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
  • The auction will commence at 09:00
  • 00 per year (exclusive of bills) A superb investment opportunity with income from day one and a yield of around 10%
  • Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
  • Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
  • Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
  • This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
  • Auction: 24
  • Buyers fee payable at auction

Description

A 3-bedroom HMO/student property in a highly regarded location is up for auction on April 24, 2025. The property is well-presented with modern finishes, gas central heating, and UPVC double glazing. It's currently let for the 2024-2025 and 2025-2026 academic years, generating a yield of around 10%. The property benefits from a garden to the rear and is close to the university, making it an attractive student investment. The auction will be broadcast online with live auctioneers, and bidders can register in advance. The sale is subject to SDL Property Auctions' terms, including a 5% deposit and a buyer's fee of 4.8% of the purchase price. The property is being sold as an unconditional sale, and binding contracts will be exchanged at the point of sale.
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