Four‑storey mixed‑use investment with immediate rental return and refurbishment potential.
Income producing: £23,280 pa combined rent
A four‑storey, income‑producing mid‑terrace on Manchester Road, offering immediate rental return of £23,280pa from a ground‑floor shop and two two‑bed flats. The building sits to the south of Bury town centre in a busy high‑street position, suited to continued commercial use at ground level and residential letting above.
The property is sold leasehold (long lease: 999 years less 10 days from 24 Dec 1876 — advertised years remaining 850) and will be offered at auction. Accommodation requires maintenance: external paint peeling and signs of damp are noted, and the shop area was not accessed during inspection. Upper flats are functional with modest room sizes, standard fittings, and mixed EPC bands (C/D). Business rates and tenant status should be checked in the legal pack.
This is a clear buy‑to‑let proposition for investors seeking immediate income with scope to increase value through refurbishment or improved management. Note practical constraints: tenants remain in situ so no internal viewings, auction completion is strict, and buyer fees apply — bidders must review the legal pack and factor refurbishment costs into their offer.
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