Offered for sale via conditional auction - buyer reservation fees apply.
A vacant gated 2 bedroom third floor property with accommodation over two floors located in New Islington, close to Ancoats and the Northern Quarter. A fantastic opportunity for improvement or letting investment.
Mortgage Buyers Invited - No Upward Chain!
Dedicated Secure Parking Included!
Ideally situated within the highly popular Ancoats location, this two bedroom two bathroom property is on the third floor and offers a building with character, accommodation over two floors, one allocated parking space and a balcony.
Upon entering the property, the entrance hall provides access all principal rooms. The main reception space enjoys an abundance of natural light and high ceilings, with doors opening on to the balcony. The kitchen comprises; selection of wall and base units, sink with drainer, oven with hob and space for appliances.
There are two comfortable double rooms with ample space for storage. The main bedroom is situated on the first floor of the property and enjoys an ensuite shower room. The main bathroom briefly comprises; bath with shower over the top, wash hand basin and WC.
The balcony enjoys an attractive aspect. The property benefits from one allocated parking space.
The development is just across from New Islington Metrolink stop and is only a 10 minute walk from Piccadilly train station offering fantastic transport links around and out of the city centre. Ancoats and the Northern Quarter is only a short stroll away offering shops, bars, cafes and restaurants.
Lease length - 229 years remaining
Service Charges - Approximately £2,500 PA
Ground Rent - £301.26 PA
To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Reservation Deposit
The buyer is required to sign a Reservation Agreement and make payment of a non-refundable Reservation Deposit of £6,000 to the Auctioneer in return for the grant of the Exclusivity Period. The Reservation Deposit forms part of the purchase price for the property.
Exclusivity Period
Exclusivity Period means the period of 56 days from the date the Reservation Deposit is received by the Auctioneer, during which the Buyer and Seller will endeavour to exchange Contracts for the Transaction. Full details and a sample copy of the Reservation Agreement and Terms and Conditions are available in the Buyer Information Pack.
Legal Pack
Legal Pack is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Additional fees
On completion the Buyer shall reimburse the Seller's solicitors in respect of disbursements incurred in obtaining the Local Search results, Drainage search results and Environmental search results, and the sellers auction fees relating to the sale charged at £6,000 inc VAT.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are on the basis of the Reservation Agreement and Terms and Conditions.
Council tax band
C - Manchester
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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