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Apartment 1, Slater House, Woden Street, Salford M5 4UE

Timed Auction
 

Guide Price £95,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Council Tax Band: A
  • One Bedroom
  • Ground Floor Apartment
  • Currently let for £750pcm / £9,000 per annum
  • Located Just Outside Manchester City Centre
  • EPC Rating: C
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Apartment

Property Description:

A one bedroom, ground floor apartment in Salford. Currently let producing £9,000 per annum.

A one bedroom apartment situated just outside Manchester City Centre. The property is well positioned for access to all necessary amenities with a number of shops and supermarkets nearby and a selection of bars and eateries within easy reach. Oxford Road and Salford Central stations are both just over a mile away and there are a number of other transport links in the area.

The property is currently let to a long term tenant who is paying £750pcm

Accommodation

Bedroom 12ft51 x 10ft15

Bathroom 6ft81 x 6ft35

Open plan kitchen and living space 16ft97 x 13ft13.

Leasehold Information

125 years from 1 January 2004. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.

Satellite and Cable TV Availability

BT and Sky are available in this location.

Broadband (estimated speeds)

Standard 9 mbps. Ultrafast 1000 mbps.

Construction Material

System built, as built, insulated (assumed). Information taken from EPC.

Tenure:

Leasehold. Subject to tenancy.

Ground Rent

£217

Unexpired Years

103




Auction Details

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

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 (subject to a minimum of £6,000 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.