2 bed Flat For Sale £160,000
**investment opportunity. Tenanted until March 2023 with A rental income of £990 per month | £11,800 per annum** A rare two double bedroom apartment occupying a raised ground floor position in a popular residential building with a private terrace included. Situated just a short walk from Manchester City centre in the highly sought after green quarter district. This property is for sale by Modern Method of Auction powered by iamsold - Starting Bid £160,000 plus Reservation Fee. Cash Buyers Only.
The accommodation spans 738 sq.ft and comprises: Communal entrance with stairs and lift to all floors, hallway with storage cupboard, spacious living room with sliding patio doors to a private paved sun terrace, open plan kitchen with integrated appliances and breakfast bar, master bedroom with fitted wardrobes and en-suite shower room, second bedroom with further fitted wardrobes and a three piece bathroom suite with shower over bath. No parking. EPC rating D (67).
Melia House is a residential development in the Green Quarter district of Manchester City centre. Just a short walk to Manchester Victoria train station and Exchange Square Metrolink, the property provides easy access to the City centre and its surrounding areas. Residents of Melia House can enjoy the benefits of shared landscaped gardens with water feature, on-site Co-Op grocery store and local amenities at Manchester Fort shopping centre.
Important Information
Tenure: Leasehold
Service Charge: £2309.64 per annum
Ground Rent: £200 per annum
Lease: 150 years from 1 August 2004
Council Tax Band: D
Management Company: Living City
Tenancy: Furnished @ £990 pcm until March 2023
auctioneers comments:
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 4.2% 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.
Referral arrangments:
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
The accommodation spans 738 sq.ft and comprises: Communal entrance with stairs and lift to all floors, hallway with storage cupboard, spacious living room with sliding patio doors to a private paved sun terrace, open plan kitchen with integrated appliances and breakfast bar, master bedroom with fitted wardrobes and en-suite shower room, second bedroom with further fitted wardrobes and a three piece bathroom suite with shower over bath. No parking. EPC rating D (67).
Melia House is a residential development in the Green Quarter district of Manchester City centre. Just a short walk to Manchester Victoria train station and Exchange Square Metrolink, the property provides easy access to the City centre and its surrounding areas. Residents of Melia House can enjoy the benefits of shared landscaped gardens with water feature, on-site Co-Op grocery store and local amenities at Manchester Fort shopping centre.
Important Information
Tenure: Leasehold
Service Charge: £2309.64 per annum
Ground Rent: £200 per annum
Lease: 150 years from 1 August 2004
Council Tax Band: D
Management Company: Living City
Tenancy: Furnished @ £990 pcm until March 2023
auctioneers comments:
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 4.2% 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.
Referral arrangments:
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
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