- Auction purchase
- Chain free
- Parking
- Investment opportunity
- Second floor
- EPC Band: C
Key features
Description
An opportunity to acquire a two-bedroom purpose-built second-floor apartment situated in Moston, North Manchester, M9, offered for sale with a tenant in situ.
The accommodation comprises an entrance hallway leading to a living area with Juliet balcony, a separate fitted kitchen, two bedrooms and a three-piece bathroom with bath and overhead shower. The main bedroom also benefits from built-in storage.
Externally, the development has a communal car park to the rear of the development, and we are advised by the seller that the property benefits from one allocated parking space.
The property is conveniently positioned for local shops, supermarkets and transport links, including local bus services and access to the M60 motorway for commuters.
The property is currently achieving a rental income of £1,050 PCM (£12,600 per annum) and is being sold with the existing tenant in situ.
Property Information
Council Tax Band: A EPC Rating: C Approximate floor area: 52 sq m Tenure: Leasehold Lease: 150 years from 1 January 2004 Service charge: Approximately £2,800 per annum Ground rent: Approximately £200 per annum Management company: Contour Current rent: £1,050 PCM / £12,600 per annum
Important Information
The leasehold information, including the lease term, service charge, ground rent, management company and allocated parking space, has been provided by the seller. Prospective purchasers should ask their solicitor/conveyancer to independently verify these details, together with any other leasehold obligations, before proceeding with a purchase.
As this is an investment sale with a tenant in situ, prospective purchasers should also ensure that their solicitor verifies the existing tenancy agreement, rental arrangements, deposit documentation and any other relevant tenancy information as part of the conveyancing process.
The approximate floor area of 52 sq m should be treated as a guide only and should not be relied upon as individual room measurements.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Floor plan
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