House of Multiple Occupation for auction in Manchester

Description

A substantial 7 bedroom, 3 Bathroom, HMO property with accommodation arranged over four floors.

Fully let until June 2026 at £4,000 per calendar month inclusive.

Talbot Road presents an excellent opportunity for investors seeking consistent rental returns in a high-demand location. Situated within the ever popular M14 postcode, near local amenities and transport links. Close to major universities and key employment hubs, this property is ideally positioned to attract students, young professionals and sharers.

The property boasts a large open plan kitchen/diner and lounge with ample storage. The ground floor has two bedrooms and a shower room. The first floor has a further three bedrooms and a bathroom and the second floor has two bedrooms and a shower room. There is also a useful utility area to the basement and a private rear garden.

Tenure

Freehold

Occupancy

Subject to a tenancy

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

Note
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Particulars
These sales details are awaiting vendor approval