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

187 Hollin Lane, Middleton, Manchester M24 5WA

Lot no: 141 Re-entry to a future auction for £135,000
 

Guide Price £130,000+ 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 26th January 2023

10.00am
Key Features
  • Three bedroomed mid-mews property
  • Generous living accommodation
  • Popular residential location
  • Superb buy-to-let investment
  • EPC Rating: C
  • Council Tax Band: B
Add to favourites
Re-entry to a future auction for £135,000

Town house

Property Description:

This is a great opportunity to purchase a three bedroomed mid-mews property in a popular residential area of Middleton with excellent links to the motorway network.

Offering generous living accommodation as well as front and rear gardens, driveway and additional parking space, the property makes a superb buy-to-let investment.

We are informed that the property is let producing £7,800 per annum (increasing to £8,700 per annum from 12/01/23). We have not had sight of any tenancy agreements and would advise interested parties to inspect the legal pack and make all necessary independent enquiries in this respect prior to placing their bid, as this will be binding.

Locally the area is well serviced by way of a number of convenient amenities as well as numerous popular outdoor spaces and leisure attractions.

The vendor has advised a new boiler was installed this year. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Lounge

15ft 5 x 15ft 2

Dining Kitchen

15ft 1 x 9ft 11

First Floor Landing

Leading to -

Bedroom One

12ft 8 x 8ft 2

Bedroom Two

12ft 8 x 8ft 1

Bedroom Three

8ft 9 x 6ft 8

Bathroom

7ft x 6ft 7 - Vendor has advised that the bathroom is newly installed, complete with fully tiled walls and floor, extractor, Crome radiator/towel rail and shower running off central heating for economy and efficiency.

Outside

Gardens to front and rear.

Viewings

To arrange a viewing of this property, please contact our joint agent Hyde Partners on 0161 773 4583 / sales@hydepartners.com

Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Subject to tenancy.

Unexpired Years

967



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.