Crescent, Salford, M5
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
6
- SIZE
2,174 sq ft
202 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- For sale by Modern Auction – T & Cs apply
- Subject to a hidden Reserve Price
- Buyer Information Pack available
- Buyers’ Fees apply
- Ideal for investors and developers
- Excellent access towards Manchester city centre
- Convenient Salford location
- Accommodation arranged over four floors
- Excellent investment/development opportunity
- Planning permission for a nine-bedroom HMO
Description
OFFERED FOR SALE VIA MODERN METHOD OF AUCTION - STARTING BID £500,000 PLUS RESERVATION FEES
This substantial terraced property presents an exciting opportunity for investors and developers seeking a property with significant potential in a highly convenient Salford location.
Arranged across four floors – basement, ground floor, first floor and second floor – the property provides generous and flexible accommodation with excellent scope for redevelopment and modernisation.
The property benefits from planning permission for conversion into a nine-bedroom HMO (House in Multiple Occupation), presenting an attractive opportunity for an investor or developer looking to create a substantial rental investment.
The accommodation extends throughout the basement, ground floor and two upper floors, providing ample space to create well-proportioned bedrooms alongside the necessary communal and ancillary accommodation, in accordance with the approved plans.
The property requires a programme of renovation and refurbishment, giving the incoming purchaser the opportunity to complete the accommodation to their own specification and create a high-quality finished development.
Its Salford location provides convenient access towards Manchester city centre, the University of Salford, major employment areas and a wide range of local amenities and transport connections, further enhancing its appeal as a potential rental investment.
With planning permission already in place for a nine-bedroom HMO, accommodation spanning four floors, and considerable scope to add value through refurbishment, the property represents a compelling opportunity for investors and developers looking to expand their portfolio within Greater Manchester.
Early viewing is recommended to fully appreciate the scale and potential of the property.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £500 inc. VAT. These services are optional.
EPC Rating: E
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Crescent, Salford, M5
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Visit our security centre to find out moreDisclaimer - Property reference a2331f3e-81b7-4ef0-9002-ee8bdf0510f7. 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 Miller Metcalfe, Bolton. 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 Miller Metcalfe, Bolton on 01204 958177.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.