Apartment
A two bedroomed spacious apartment let at £735 per calendar month.
The property benefits from spacious living accommodation briefly comprising of an entrance hall, open plan living room, fitted kitchen with breakfast bar, matching wall and base mounted units and contrasting work surface, stainless steel sink unit and drainer with mixer taps, integrated electric oven with four ring hob and extractor hood. Plumbing for a washing machine. The apartment also comprises two double bedrooms and a tiled shower room.
The property is located on a direct arterial route to Manchester city centre and easy walking distance of major shopping outlets (Manchester Fort).
Allocated disabled parking space in a gated parking area.
125 years from 1 January 2000. We are informed the ground rent is £100 per annum until 31 December 2024 and £200 per annum thereafter until 31 December 2049. Approx service charge is £465 per quarter including buildings insurance, maintenance of common parts and water. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Please be advised that there is no access available for this property. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
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. 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 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 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.
