fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Apartment 913, Masson Place, 1 Hornbeam Way, Manchester M4 4AQ

Timed Auction
 

Guide Price £140,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Two bedroom apartment within popular city centre developmen
  • Currently let at on an AST at £1,025pcm
  • Conveniently located for all amenities
  • Secure private underground parking
Add to favourites

Apartment

Property Description:

Two bedroom apartment within popular city centre development currently let at on an AST at £1,025pcm. The property positioned on the ninth floor which offers stunning views of the city as well as pleasant communal gardens and secure parking.

Centrally located just a five minute walk to the Arndale shopping centre, Deansgate and all the amenities that Manchester city centre has to offer.

Accommodation:
Living Room / Kitchen
Master Bedroom
En Suite
Bedroom Two
Bathroom

Outside
The property benefits from secure private underground parking.

Leasehold Information

150 Years From 1 August 2005. We are informed that the service charges are £631.84 per quarter. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. Please refer to the legal pack for information regarding the Developer Remediation Contract.

Flood Risk

Rivers and Seas No Risk. Surface Water Low.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 8 mbps. Ultrafast 1000 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Note

Please note the tenancy details and income have been provided by the vendor. The Auctioneers are not in receipt of a copy of the AST and the income details have not been verified. There is also no leasehold management pack. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Subject to tenancy.



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.