Guide price
£135,000
2 bed flat for saleBishops Corner, Stretford Road, Hulme, Manchester M15
2 beds
1 bath
1 reception
EPC Rating: D
- Auction
- Leasehold
Thornley Groves - Manchester Southern Gateway
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About this property
Mortgage Buyers Welcome
Close to University Campus
Short 5 Min Commute to City
Excellent Yield of 9.1%/£1100pcm
Open Plan Living Room
Fitted Kitchen
Two Double Bedrooms
Main Bathroom
Allocated Parking
Fourth Floor
Developer has signed the pledge to remediate the works at the development. Mortgage buyers can proceed with a letter of comfort.
This modern development is positioned in the pleasant residential area of Hulme close to the 11 acre mmu campus expansion at Birley Fields, which has recently seen two academic faculties relocate - Education and Health, Psychology and Social Care. A short 5 minute commute into the city centre. This larger than average fourth floor apartment briefly comprises: Entrance hallway, spacious open plan living room with an integrated kitchen and dining area, two double bedrooms and bathroom suite. Secure Allocated Parking. Subject to Contract. EPC Rating - D.
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.
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 £300.00 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.
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More information
Tenure
Leasehold (131 years)
Service charge
£2,210 per year
Council tax band
A band has not yet been confirmed.
Ground rent
£181
Ground rent date of next review