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87 Edward Street, Denton, Manchester M34 3BS

Timed Auction
 

Guide Price £150,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Council Tax Band: A
  • Residential investment opportunity
  • Two bedroom semi-detached property
  • Income of £10,200 per annum.
  • EPC Rating: D
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Semi-detached house

Property Description:

A residential investment opportunity comprising a two bedroom semi detached property currently let at £850pcm, equivalent to £10,200 per annum. Internally the property is well presented and benefits from UPVC double glazing and central heating. Externally there is driveway parking, a single garage and rear garden.

The property fronts onto Edward Street close to it’s junction with York Road in an established residential location within easy reach of a variety of amenities and facilities available in nearby Denton. Junction 1a of the M67 motorway network is a short drive away.

The property has double glazing and central heating throughout.

Ground Floor:

Living room, Kitchen.

First Floor:

Two bedrooms, bathroom.

Flood Risk

Rivers & Seas No Risk<br>Surface Water High

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 16 mbps<br>Superfast 54 mbps

Satellite & Cable TV Availability

BT, Sky and Virgin are available.

Draft Sales Details

These sales details are awaiting vendor approval.

Addendum/Buyers Note

There is no tenancy agreement provided in the legal pack and therefore we cannot confirm the rental figure given in our marketing (this has been requested, but at the time of auction still awaited). Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Freehold. Subject to tenancy.


  • Heating Supply: Double Glazing, Gas Central


Auction Details

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

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 (subject to a minimum of £6,000 inc. VAT). 

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.