51&51a Walmersley Road, Bury
- PROPERTY TYPE
Mixed Use
- BEDROOMS
4
- BATHROOMS
1
- SIZE
Ask agent
Key features
- TO BE SOLD UNDER AUCTION TERMS
- COMBINED RENTAL INCOME OF £21,000 PER ANNUM
- BOTH UNITS CURRENTLY TENANTED
- FULLY RENOVATED MIXED-USE INVESTMENT
- COMMERCIAL UNIT & RESIDENTIAL FLAT
- BOTH EPC RATINGS - C
Description
TO BE SOLD BY ONLINE AUCTION ON 11TH – 12TH NOVEMBER UNLESS SOLD PRIOR UNDER AUCTION TERMS.
51 & 51a Walmersley Road, Bury, BL9 5AE
An excellent opportunity to acquire this fully renovated mixed-use investment property, conveniently positioned for Bury town centre and surrounding amenities.
The property comprises a ground-floor commercial unit together with a spacious residential flat above, reportedly providing four-bedroom accommodation over two floors. Both units are currently tenanted, generating a combined rental income of £1,750 PCM (£21,000 per annum) and offering an immediate income stream from completion.
Having reportedly undergone a comprehensive programme of renovation throughout, the property presents an attractive opportunity for investors seeking an established, income-producing asset with the benefit of recent improvements.
It offers convenient access to Bury town centre, local shops, amenities and transport connections, making it a practical location for both commercial occupiers and residential tenants.
With its substantial residential accommodation, two established tenancies and combined annual income of £21,000, the property offers an appealing opportunity for investors looking to expand their portfolio, benefit from immediate rental returns and explore longer-term investment potential.
Please note: The property has not yet been inspected internally by Edward Mellor Auctions. The description, accommodation details and photographs have been supplied by the vendor. Prospective purchasers should verify the layout, rental income and tenancy arrangements through their own enquiries and the legal pack.
51&51a Walmersley Road, Bury
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bury Interchange Tram Stop0.6 miles
- Bury Station0.6 miles
- Radcliffe Tram Stop2.8 miles
Notes
Disclaimer - Property reference EM-159290. 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 Edward Mellor Ltd, Auction. 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 Edward Mellor Ltd, Auction on 0161 524 2443.
*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.”