2 bedroom flat

ATTENTION INVESTORS!!! Currently rented out until 26/06/2026 achieving a rent of £1350pm providing a yield of 9.8%.

The Nile is a superb development positioned adjacent to the First Street regeneration which has seen a merger between Cornerhouse and the Library Theatre Company, as well as a new 4* Hotel, 9 food and beverage units, 180,000 sq ft of Grade A office space and extensive public realm. The sought after location also benefits from nearby Tram and Train links from Deansgate and has local amenities within a short distance. Immaculately presented throughout, the well-proportioned accommodation briefly comprises: entrance hallway, open plan living room with floor to ceiling windows and balcony, integrated kitchen, two double bedrooms, en-suite shower room and bathroom suite. Secure Allocated Parking.

EPC Rating - C. Subject to Contract.

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 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 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 £345.00 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.

You may be recommended services by the Agent/IAM-Sold. Recommended services are optional and the Agent or IAM-Sold will receive payment from the provider where recommended services are taken. As such you should consider your options before accepting recommended services.