Tenanted Two-bedroom Shared Ownership (50%) Mid Terrace – Income of £1,200pcm (£14,400pa)

Tenanted Two bedroom mid terrace property which is offered on a shared ownership basis at 50% share. Recently renovated, the property consists of a living room and kitchen/diner to the ground floor with two bedrooms and a shower room to the first floor. Externally there is off road parking to the front and a rear garden. Shared Ownership: Offered on a 50% share with a monthly charge of £83pcm to Guiness Partnership. For more information relating to this, please refer to the legal pack. Currently tenanted at £1,200pcm (£14,400pa) from 15th October 2024 on a six-month AST. For more information relating to the tenancy, please refer to the legal pack. Tenure: Leasehold Title number: GM397018 Length of Lease/Term: 99 years from 1 September 1983 Ground Rent: Please refer to the legal pack Service Charge: Please refer to the legal pack Council Tax Band: A Local Authority: Manchester Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold. GM397018

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 TBC

Local Authority

Manchester City Council

Solicitors

Sabz Soictiors, Ref: Sabz Soictiors

Additional Fees

Administration Charge - 2.5% 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.