Summary - 151, JUBILEE ROAD, MANCHESTER, MIDDLETON M24 2LY
1 bed 1 bath Mixed Use
Income-producing mixed-use investment with immediate cashflow and annual rent reviews.
Fully let mixed-use building producing £16,200 per annum
This mixed-use corner building on Jubilee Road/Dale Road is a ready-made income investment, offered fully let producing £16,200 per annum. The ground floor operates as a functioning café with a three-phase electrical supply, preparation area, W.C. and basement storage — practical for an ongoing business tenant. The first-floor self-contained flat was recently refurbished with a new bathroom, flooring, uPVC double glazing and electric heating, and is currently let under an assured shorthold tenancy.
The stated income gives an attractive yield on the lower guide price, and the tenancy includes an annual rent review (anticipated increases c.7–10%), which could strengthen returns for a buyer. The property’s corner position and Edwardian brick façade provide kerb appeal and good visibility close to Middleton town centre and local amenities.
Important risks are factual and material: the lot will be sold at auction and buyers must review the legal pack and any associated fees before bidding. The property sits in a very deprived, challenged area classification, which can affect tenant demand and long-term capital growth. Tenure details are listed as unknown in the sale information and should be checked in the legal documentation. Electric heating is fitted to the flat (less efficient than gas alternatives) and the commercial unit’s continued viability depends on the trading tenant and lease terms.
Overall this is a hands-off, income-producing buy-to-let for an investor seeking immediate cashflow and uplift potential from scheduled rent reviews. Buyers looking for long-term capital appreciation or owner-occupation should factor in local area challenges and confirm legal/title details at the auction pack stage.
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