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Apartment
DRAFT DETAILS - AWAITING APPROVAL
Situated off Eccles New Road just over one mile from Salford town centre and just over three miles from Manchester city centre, is this two bedroomed apartment.
The property is well placed for easy access to Salford Quays, Salford Royal Hospital and Langworthy Metrolink. There are a number of shopping facilities in the area and plenty of eateries. Media City is just over a mile away and the Trafford Centre is five miles away. In addition to the Metrolink, Salford Crescent train station is just one mile away and there is a full bus network surrounding the property and good road links providing easy access to the motorway network.
The flat is currently let at £8,700 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Length of lease: 125 years from 1 October 1987. Current ground rent: TBC. Ground rent review period: TBC. Current service charge: TBC. Service charge review period: TBC. This information should be clarified in the legal pack and we’ll update the information above when we receive it.
Leasehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
