1 bed Flat For Sale, The Wentwood, Newton Street, Northern Quarter, Manchester M1

Description

EWS1 Form in place Mortgage Buyers are welcomed.

Ideal Investment Opportunity - Projected Rental of £850pcm - Providing an 8.5% Yield!

The Wentwood is a stunning example of a Victorian warehouse conversion. The apartment is located a short distance from the trendy bars and restaurants in the Northern Quarter and within convenient access of Piccadilly Train Station. This one bedroom apartment is located on the lower ground floor. The apartment comprises: Hallway, open plan living/ dining room, fully fitted kitchen with integrated appliances, double bedroom, luxury white bathroom suite and a concierge service. Secure Parking Included. Subject to Contract. EPC Rating D.

This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

You may be recommended services by the Agent/iam-Sold. Recommended services are optional and the Agent or iam-Sold will receive payment from the provider where recommended services are taken. As such you should consider your options before accepting recommended services.

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1 bed Flat For Sale £120,000 The Wentwood, Newton Street, Northern Quarter, Manchester M1

1 bed Flat For Sale £120,000
The Wentwood, Newton Street, Northern Quarter, Manchester M1