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Three-bedroom terraced house for auction

Bury, BL8 - Get Access

3 bed 1 bath

Description

An excellent opportunity for landlords and investors to acquire this traditional stone-built terraced property, situated in a popular residential location in Bury and offered for sale with a tenant in situ, providing an immediate rental income from completion. The property is currently reported to generate £785 PCM (£9,420 per annum), offering an established income stream without the need to source a new tenant. There is potential for future rental growth, with comparable terraced properties in the surrounding area being marketed at higher rental levels in the region of £950 PCM. The accommodation comprises a living room, kitchen, two first-floor bedrooms, a bathroom, and a third bedroom within the attic conversion, together with a yard to the rear. The property occupies a convenient residential position within Elton, close to local shops, schools, supermarkets, and everyday amenities. Bury town centre is also within easy reach, offering a wider range of shopping and leisure facilities together with Metrolink services connecting to Manchester.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 1,000 sq ft

This three-bedroom traditional stone-built terraced house in Bury was valued using local market evidence from comparable terraced properties within the immediate area. The property is currently occupied by a tenant and presents in fair overall condition with some dated finishes. Floor area was estimated at 1,000 sq ft based on typical proportions for the style and era.

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