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10 Tumbling Bank, Manchester M9 6AU

Lot no: 174 Sold Prior to Auction
 

Guide Price £55,000+ 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 30th November 2023

10.00am
Key Features
  • Two bedroom apartment
  • Requiring full renovation
  • Close proximity to amenities
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Sold Prior to Auction

Flat

Property Description:

A rare opportunity to purchase a two bedroom apartment within this sought after development in Blackley.

The property requires a scheme of modernisation but offers sizeable accommodation and electric heating throughout.

All necessary amenities and services can be found nearby including a variety of shops and a selection of transport links which include bus services, convenient road links including easy access to the M60, train services operating from Moston and tram services operating from Crumpsall. North Manchester General Hospital is just one mile from the property and there are a number of leisure facilities and outdoor spaces within easy reach.

The property also benefits from communal gardens.

Hall -

Door porter system. Electric storage heater. Store.

Lounge - 5.109m x 3.413m

Two uPVC double glazed windows. Electric storage heater.

Kitchen - 3.317m x 2.633m to widest points

Wall and base units. Stainless steel sink. Electric cooker point. Small pantry. uPVC double glazed window.

Bedroom One - 4.54m x 2.498m

uPVC double glazed window.

Bedroom Two - 3.197m x 2.505m
Bathroom/WC -

Combined. Three piece white suite. uPVC double glazed window.

Leasehold Information -

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. 97 years left remaining.

Heating -

Electric (not tested)

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£10

Unexpired Years

97



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 auctioneers fees apply:

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

• Buyers 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 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.
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