Third Floor, One Bedroom Apartment – Tenanted with Income of £9,300pa

Auction House North West have not inspected the property but have been made aware that this is a tenanted one bedroom apartment residing on the third floor of a purpose built apartment block benefitting from a communal lift within. Comprising of an entrance hall, open plan kitchen/living/diner, bedroom and a bathroom. We have been informed that there is no ESW1 form currently in place. We have also been advised that there is a parking space included but this is not allocated. The apartment is to be sold with tenants in situ. Currently paying £775pcm (£9,300pa). 12-month tenancy in place from 3rd August 2023 until 2nd August 2024 carrying over. For more information relating to the tenancy, please refer to the legal pack. Please note, photos have been taken pre-tenancy from August 2023. Tenure: Leasehold Length of Lease: 125 years from 1 January 2008 to 31 December 2132 Service Charge: Approx £796.41 per quarter (please check the legal pack for confirmation) Ground Rent: £324.80pa Title number: MAN169132 Council Tax Band: A Local Authority: Salford Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Tenure

Leasehold.

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating To Follow

Local Authority

Salford City Council

Solicitors

Irwin Mitchell, Ref: Irwin Mitchell

Offered in association with

Sanderson Weatherall

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.