3 bed flat for sale

Trafalgar Road, Salford M6

Summary

For sale via auction - fees, terms and conditions apply.

This outstanding investment opportunity presents a block of apartments comprising three well-maintained one-bedroom flats, each currently tenanted and generating a strong combined rental income of 2,250 per calendar month (27,000 per annum). Offered on a chain free basis and available for sale via auction, this property is set over three floors with an additional basement level, providing a substantial and versatile asset for investors seeking immediate returns.

Each flat achieves 750 pcm and benefits from a practical layout. The building is ideally situated close to Salford Royal Hospital, making it particularly attractive for those seeking easy access to healthcare facilities. Residents also benefit from the convenience of nearby local amenities, including shops, cafes, and essential services, as well as excellent transport links that connect the area to Manchester city centre and the wider region.

This is a rare chance to acquire a fully let investment with established tenants in situ, offering stability and minimal void periods for the new owner. For investors looking to expand their portfolio or enter the thriving Salford rental market, this block of apartments represents a compelling proposition.

Please note we have not inspected this property.

Council Tax Band: A
Tenure: Freehold

Hallway (1.7m x 1.4m)

External door to the front elevation. Internal door leading to Flat 1. Stairs leading to Flats 2 and 3.

Flat One Entrance Hall

Internal doors leading to the lounge, kitchen, bedroom and bathroom. Internal door leading down to the basement.

Flat One Lounge (3.44m x 3.97m)

Bay window to the front elevation.

Flat One Kitchen (3.28m x 3.85m)

Window to the rear elevation. External door to the rear elevation leading to the communal yard. Fitted wall and base units. Space for appliances. Induction hob with extractor fan.

Flat One Bathroom (2.09m x 1.94m)

Window to the rear elevation. Low-level W.C., hand wash basin, shower cubicle and storage cupboard.

EPC Flat 1

Current - 55 (D)
Potential - 73 (C)

Please note that the heating system has been upgraded since the EPC's were carried out.

First Floor Landing

Internal door leading to Flat 2.

Flat Two Entrance Hall

Internal doors leading to the lounge, kitchen, bedroom and bathroom.

Flat Two Lounge (3.99m x 3.43m)

Window to the front elevation.

Flat Two Kitchen (3.43m x 3.42m)

Window to the rear elevation. Fitted base and wall units. Space for appliances.

Flat Two Bedroom (3.56m x 4.73m)

Window to the side elevation.

Flat Two Bathroom (1.40m x 1.25m)

Window to the rear elevation. Low-level W.C., hand wash basin, shower cubicle.

EPC Flat 2

Current - 53 (E)
Potential - 80 (C)

Please note that the heating system has been upgraded since the EPC's were carried out.

Second Floor Landing

Internal door leading to Flat 3.

Flat Three Entrance Hall

Internal doors leading to the lounge, kitchen, bedroom and bathroom.

Flat Three Lounge (3.34m x 3.75m)

Window to the rear elevation.

Flat Three Kitchen (3.27m x 2.91m)

Fitted wall and base units. Space for appliances. Window to the rear elevation.

Flat Three Bedroom (4.07m x 2.68m)

Window to the front elevation.

Flat Three Bathroom (2.05m x 2.17m)

Window to the rear elevation. Low-level W.C., hand wash basin, shower cubicle.

EPC Flat 3

Current - 50 (E)
Potential - 77 (C)

Please note that the heating system has been upgraded since the EPC's were carried out.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.