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Great Cheetham Street West, Salford, Greater Manchester

Guide Price
£700,000
First for Auctions, Nationwide
PROPERTY TYPE

Plot

SIZE

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Key features

  • Development potential
  • Positive pre-application for apartments
  • Semi-detached house
  • 7 bedroom HMO (licenced)
  • Requires refurbishment
  • Freehold

Description

A substantial semi-detached property with an existing HMO licence, offered with a large plot of land and clear potential for further development subject to planning permission. Positive pre-application advice has been secured for the construction of residential apartments to the rear of the property with associated parking, making this an ideal opportunity for developers and investors.

Strategically located near Salford Universities, with excellent public transport connections and proximity to Manchester City Centre, the site is well-positioned to meet the strong local demand for both student and professional accommodation. Schools, parks, and other local amenities further enhance its appeal.

Currently configured as a seven-bedroom licensed HMO, each bedroom benefits from its own wash basin, with occupants sharing two bathrooms (one with a shower cubicle) and a generously sized kitchen with dining space. The property would benefit from modernisation, allowing the incoming purchaser to upgrade or redevelop.

The property can be sold with tenants in situ or with vacant possession, depending on the buyer’s requirements.

Auction

To be sold by online auction (conditional) on Thursday 28th August 2025 with an 8 WEEK EXCHANGE, bidding will open at 10.00.

To view

Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk

Registration

All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure

Freehold with vacant possession.

EPC rating

E

Council tax band

B - Salford

Reservation Deposit

The buyer is required to sign a Reservation Agreement and make payment of a non-refundable Reservation Deposit of £6,000 to the Auctioneer in return for the grant of the Exclusivity Period. The Reservation Deposit forms part of the purchase price for the property.

Exclusivity Period

Exclusivity Period means the period of 56 days from the date the Reservation Deposit is received by the Auctioneer, during which the Buyer and Seller will endeavour to exchange Contracts for the Transaction. Full details and a sample copy of the Reservation Agreement and Terms and Conditions are available in the Legal Pack.

Additional fees

A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the Sale Memorandum payable on completion. Please ensure that you check the Legal Pack for each lot that you are interested in, prior to bidding.

Legal Pack

For each lot there is a draft Sale Memorandum and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide prices

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Pre-auction offers

These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are on the basis of the Reservation Agreement and Terms and Conditions.

Mortgage finance

We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

Please note

All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no: .

Energy Performance Certificates

Picture No. 62

Great Cheetham Street West, Salford, Greater Manchester

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Salford Crescent Station1.1 miles
  • Salford Central Station1.3 miles
  • Manchester Victoria Station1.3 miles
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About First for Auctions, Nationwide

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First For Auctions

Buy or sell property quickly with our monthly online property auctions.

The experienced team has over 20 years' experience helping people to sell their property or land at auction.

Online property auctions offer one of the fastest, transparent, and effective ways to sell your property.

First for Auctions has a dedicated website for customers who may benefit from buying or selling property at auction to browse and bid on property lots, as well as read our specific auctions advice.

With all of our auctions taking place online, we are able to offer these services across the country. Our experienced team are committed to providing the highest level of customer service.

If you need any help with buying or selling property at auction now or in the future, just ask.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference AUC240541. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by First for Auctions, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call First for Auctions, Nationwide on 01344 951920.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.