Apartment
A two-bedroom apartment in Bolton, currently let producing £7,140 per annum.
A two-bedroom apartment situated within a modern development in a sought-after area. Located just less than two miles outside of Bolton Town Centre, the property is well placed with all necessary amenities nearby including shops, transport links and a selection of pubs, bars and eateries.
Travel into Bolton Town Centre and Manchester City Centre are made easy with excellent public transport services in the area and there are a selection of outdoor spaces nearby including Seven Acres Country Park and Leverhulme Park.
The property is currently let producing £7,140 per annum.
Kitchen, Lounge, Bathroom and Two bedrooms.
150 Years From 1 January 2007. Lease Term Remaining - 132 years.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Allocated parking spot.
Standard.
Mains.
Mains.
Mains.
Electric.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
£340
133
£1,886
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.
