Studio for sale

Jubilee Road, Middleton, Manchester M24

For sale by online auction starting on Wednesday 28th May 2025, bidding will be on the Auction Agent website. A superb opportunity to purchase a mixed-use premises with a ground floor cafe and a first floor self-contained flat. The building is to be sold fully let with an annual rental income of £16,200. This is an ideal buy to let investment already producing income with an established tenant (giving an almost 13% return based on the lower guide). The ground floor comprises a retail area, a fully functioning preparation area/kitchen and W.C. And benefits from a 3 phase electrical supply. There is also a basement area for additional storage. The first floor flat comprises two bedrooms, a living room/kitchen and a separate bathroom. It has recently been fully refurbished with a new bathroom, flooring and carpets and benefits from electric heaters in each room and uPVC double glazing. The assured shorthold tenancy is subject to a yearly rent review with an increase of around 7-10%, which means the new owner can expect an even stronger rental yield. Guide Price £125,000 – £150,000. The property is located close to Middleton Town Centre and is well located for local amenities with a good selection of shops, pubs, restaurants and schools nearby. Buyers are advised to check the legal pack before bidding for details of the lot and fees, this will be available on the Auction Agent website once received. Buyers are also advised to check the website for any updates to the lot before the auction.

Brochure Prepared

13th March 2025

Location

The property is located on the corner of Jubilee Road and Dale Road, half a mile from Middleton centre.

Tenure

See Legal Pack

Solicitor

Farnworth Rose

EPC

Ground Floor - D
First Floor Flat - E

Council Tax

Band A

Business Rates

Rateable Value - £4,150

General

1. All statements contained in these particulars are for indicative purposes only and are made without responsibility on the part of Auction Agent Ltd and the vendors of this property and are not to be relied on as statements or representations of fact. Potential purchasers should satisfy themselves by inspection or otherwise as to the accuracy of such details contained in these particulars.

2. Bidding will commence on Wednesday 28th May 2025 and conclude on Thursday 29th May 2025.

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