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Flat 5, 14 St. Marys Hall Road, Manchester M8 5DZ

Lot no: 146 Sold at Auction for £63,000
 

Guide Price £57,000+ 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 29th September 2022

10.00am
Key Features
  • Stylish two bedroomed apartment
  • Three miles from Manchester city centre
  • Investment opportunity producing £725 pcm
  • EPC Rating: C
  • Council Tax Band: C
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Sold at Auction for £63,000

Flat

Property Description:

DRAFT DETAILS

A stylish two bedroomed apartment in Crumpsall, Manchester.

A two bedroomed apartment in Crumpsall, a popular residential area just three miles from Manchester city centre. Currently let producing £8,700 per annum.

The area is highly popular with home owners and investors with excellent amenities and strong transport links nearby. There are a full range of shopping facilities, a number of popular bars and eateries and a selection of outdoor spaces all within easy reach from the property. The local post office, pharmacy and Tesco are within easy reach and North Manchester General Hospital is less than one mile away. Nearby transport links include strong road links and regular bus and tram services which operate nearby. Manchester city centre is easily accessible via public transport if necessary. The property is currently let producing £8,700 per annum


Apartment

Kitchen, Lounge, Bedroom One, Bedroom Two, Bathroom

Leasehold

Length of lease: 125 years from 2011 Current ground rent: TBC Ground rent review period: TBC Current service charge: TBC Service charge review period: TBC This information should be clarified in the legal pack and we’ll update the information above when we receive it.

Tenure:

Leasehold. Subject to tenancy.



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.


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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


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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