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Flat 406, Wilson Building, 43 Potato Wharf, Manchester M3 4NX

Lot no: 121 Re-entry to a future auction
 

Guide Price £175,000+ plus fees

Unconditional with Fixed FeeOn 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 26th October 2023

10.00am
Key Features
  • Long Leasehold contemporary city centre apartment
  • Views over the canals
  • Investment opportunity
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Re-entry to a future auction

Apartment

Property Description:


A one-bedroom apartment in Castlefield, Manchester. Sold subject to tenancy.

A fourth floor apartment situated within Wilson Building, part of a modern development in Castlefield, Manchester. The auctioneers have not inspected the property, but we believe it to comprise one bedroom, reception room, kitchen, bathroom/WC. The property is sold subject to a tenancy, please see legal pack for more information.

Location:
The property is situated in Castlefield, a popular area of Manchester City Centre, between the River Medlock and the Bridgewater Canal. All necessary amenities can be found nearby including shops, transport links and plenty of pubs, bars and eateries. Castlefield arena is nearby and a number of other attractions can be found in the area including the Science and Industry museum, and Manchester Art Gallery. Transport options include Metrolink services, local bus routes, Deansgate rail station and road connections via the A56, A57, M602 and M60.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Subject to tenancy.

Unexpired Years

998



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 Fixed Fee.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 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.