Guide price
£95,000
2 bed flat for saleThe Pulse, 50 Manchester Street, Old Trafford, Manchester M16
2 beds
1 bath
1 reception
EPC Rating: C
- Chain free
- Auction
- Leasehold
Thornley Groves - Manchester Southern Gateway
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About this property
Cash Buying Investors only
Currently Rented At £1100pcm Providing A Yield Of 13.2% Until November 2026
Fantastic Location
First Floor Position
Large Living Area & Integrated Kitchen
Two Double Bedrooms
Family Bathroom
Secure Communal Gardens
No Chain Delays
20 Min Walk to Deansgate/25 Mins Walk to Chorlton
Cash buying investors only!
Situated in a sought-after residential area, the apartment offers excellent transport links with a nearby Metrolink Station, ensuring a short commute to the City Centre, Salford Quays, and local universities. Perfect for owner occupiers or investors, this property has a rental income of £1100pcm providing a yield of 13.2% until November 2026.
This first floor flat comprises: An entrance hallway, spacious open plan lounge/dining area with access to the Juliette balcony, fully fitted kitchen, two double bedrooms and stylish bathroom suite. The property also benefits from secure allocated parking.
Subject to contract. EPC Rating C.
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 4.5% 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.
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.
More information
Tenure
Leasehold (108 years)
Service charge
£3,018 per year
Council tax band
B
Ground rent
£500
Ground rent date of next review