Braemar Road, Fallowfield, Manchester, M14

BLOCK VIEWING Saturday 19^th July 2025 between 9am-12pm. Viewing appointments are strictly by appointment only, please contact the office to book a timeslot.

The property is going to auction via our auction partner 'SDL Auctions' on 31st July 2025.

Four bedroom investment property that has been let to individual sharing tenants and students for well in excess of 15 years. Braemar Road is a very popular area for student tenants, Nicholas Humphreys manage a number of properties on the road and surrounding roads and they achieve up to ?670 per person pcm including bills. The tenants in the property have been served notice and the vendor is expecting vacant possession from late July 2025, giving the new owner time to carry out a renovation before re-letting. The vendor has put together a spreadsheet of the occupancy over the last 10+ years along with the relevant documents to back this up, which can be seen in the legal pack.

We believe there is scope to add value to the property, there is also scope to convert the loft subject to the necessary permissions, as a number of other owner occupiers and investors have on this road. The property is mostly double glazed and has gas central heating, the combi boiler is situated in the kitchen.

The property briefly comprises of;

Entrance hallway with access to the ground floor bedroom which benefits from a bay window. The hall then leads to the rear reception room currently used as the living room with access to the kitchen and a cupboard under the stairs. There is a small rear yard accessed from the kitchen, with a gate leading to the communal bins.

To the first floor there is a shower room to the rear of the property, and three further bedrooms.

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Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

• Buyers Fee of 2.4% of the purchase price (subject to a minimum of ?6,000 inc. VAT).?

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction 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.

REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargreaves Gilman, Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to ?240 including VAT from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the broker named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to ?250 from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of ?100 from them, for recommending you to them.