No longer on the market
This property is no longer on the market
Floorplan
MapStudio
Key information
Features and description
- For sale by live stream auction on tuesday 12 th december 2023 at 12 pm
- Guide price £45,000+
- Tenanted investment
- Council tax band a
- EPC RATING: B
Video tours
*GUIDE PRICE £45,000+
A Tenanted one bedroomed Studio Apartment producing an attractive gross yield return of £12,287.99 for a term of 11 months.
This development has an excellent location right on the corner of the University of Salford Frederick Road Campus and good transport links into the city and beyond. Briefly comprising open plan lounge/kitchen/bedroom and a bathroom.
We are advised that beyond the contents of the legal pack documentation the Sellers solicitors are unable to address any further enquiries – prospective bidders are advised to satisfy themselves entirely in relation to the documentation prior to registration and make their own further investigations as necessary.
Lease Length - 999 years (less 3 days) from 1 January 2018
Ground Rent - £454.70pa
Service Charge - £610.19 per quarter
Rooms
ADDITIONAL INFORMATION
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Council Tax
Band A
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Buyers Premium: £2,400 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure
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