Ground floor flat
DRAFT DETAILS. This ground floor, two bedroomed flat is in a prime location in the heart of Cheetham Hill and is only a short distance away from Manchester city centre. We believe the property is currently rented at £575 pcm and the tenants are on a 6 month rolling contract which started in November 2017. We have been informed by the vendor that the property has been continuously rented for approximately 15 years.Situated on the ground floor, this property is easily accessible for anyone who may be interested and also benefits from its own allocated parking spot and gas central heating. In the surrounding area of Cheetham Hill you will find a number of local shops, restaurants and businesses providing everything you need on your doorstep. Smedley lane playing fields is also within walking distance where you can take part in a number of outdoor activities. The flat is very well positioned just off Cheetham Hill road which provides direct access into Manchester city centre, either by car or public transport which runs regularly.
The auctioneers have not inspected the property, but believe it to comprise:
With dining area
Allocated parking.
The completion date is stated to be 28 days from exchange. Please see legal pack for confirmation.
Leasehold.
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 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, 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.
