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5 Meade Hill Road, Prestwich, Manchester, M25 0DH

Lot no: 18 Sold at Auction for £275,000
 

Guide Price £250,000+ 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.

Thursday 27th May 2021

10.00am
Key Features
  • Detached property in a superb location
  • Room to extend (stpc)
  • Good-sized rear garden close to town centre
  • Close to town centre
  • EPC Rating: D
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Sold at Auction for £275,000

Detached house

Property Description:

DRAFT DETAILS

This gas centrally heated three bedroomed detached property is situated off Sheepfoot Lane in one of north Manchester’s most popular locations. Locally, the property is serviced by a plentiful supply of amenities including supermarkets, a number of fashionable, independent businesses and well-regarded schools for all ages. Prestwich’s trendy town centre is a little over one mile from the property and Manchester city centre just approximately four miles away - both easily accessible via public transport. The property itself sits on a generous plot with ample potential to external to both the side and rear (stpc). Transport links are provided with a regular bus and tram services nearby, as well as excellent road and motorway connections. Interested parties are encouraged to arrange an internal inspection to fully appreciate the full potential of the property.

Ground Floor:

Porch
Entrance Hall
Kitchen: 4.2m x 2.8m
Lounge / Diner

First Floor:

Landing with access to loft
Bedroom: 4.9m x 2.8m
Bedroom: 2.4m x 1.9m
Bedroom: 3.8m x 3.2m
Bathroom
Separate wc

Occupancy

Vacant

Note

The auctioneers have not inspected the property internally.
The property is sold leasehold however the lease is not available at the land registry but the buyer may be able to obtain an indemnity insurance policy. Prospective buyers are advised to inspect the legal pack.

Tenure:

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.

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