2 bedroom apartment

* CASH BUYERS ONLY and being sold via a modern auction method* Concord Street has an unsigned EWS1 certificate, with a B2 rating. The Management Company has successfully applied for all grants available to cover the costs of replacing the building’s external envelope and has been awarded full grant funding with respect to that work. The grant does not cover the cost of replacing certain balconies necessary to satisfy fire assessment/EWS1 certificate requirements. Cost estimates of this work are still being finalised, but are estimated at £2,500. A new communal fire alarm has recently been installed which has brought an end to the requirement for a waking watch to be in place.

Priced to sell and located on the 3rd floor of this funky Northern Quarter development, is this 2 bedroom, 1 bathroom apartment.

Well-presented throughout and covering 712 sqft in total, the open plan living space is flooded with light from its extensive floor to ceiling windows - all of which open onto a property wide balcony.

The recessed kitchen comprises beech colour wall and base units, finished off with black granite effect worktops. Built-in appliances include an electric oven, hob with extractor hood over - as well as a free-standing washing machine and fridge-freezer.

Off the entrance hall is a shower room, cylinder/storage cupboard and two double bedrooms.

CURRENTLY RENTED until June 2022 @ £640pcm.

The Vendor informs us that the following charges apply:-
Ground Rent - £200pa / Service Charge - £1,644pa
Lease-term:- 155 years from April 2009.

THE DEVELOPMENT:-
Concord Street is a colourful 2009 new-build development that occupies both sides of a quiet one way street. Being a combination of 1, 2 and 3 bedroom apartments, all having contemporary light and bright interiors, large windows, balconies and, for the lucky few, parking. The Northern Quarter has an array of trendy and unique restaurants, Gastro style pubs and an abundance of cafes and takeaways to sample - it also benefits from being a few minutes’ walk away from Victoria Gate, which incorporates John Lewis.

NOTES:-
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 Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor.
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 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 Arrangements. 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.