Guide price
£115,000
2 bed flat for saleHilton Street, Manchester M4
2 beds
1 bath
1 reception
- Auction
- Leasehold
Reeds Rains - Manchester
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About this property
Cash buyers required
For sale by modern method of auction
Modern Auction T&Cs apply
A reservation fee is payable
Northern Quarter Location
2 double bedrooms
Second floor position
Ideal investment being let until November 2025
Leasehold
EPC Rating tbc
***cash buyers only*** For sale by Modern Method of Auction; Starting Bid Price £115,000 plus Reservation Fee. Let at £1100pcm until November 2025. In a prime Northern Quarter location this development is perfect for anyone wanting to be close to all the action! There is a plethora of independent shops, bars and restaurants all within easy walking distance. The property comprises entrance hall with storage room, dual aspect living/room kitchen, 2 double bedrooms and high specification bathroom suite. EPC Rating tbc.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MCC250247/8
2nd Floor
Entrance Hall
Laminate wood flooring. Heater. Power points. Entry phone.
Open Plan Living Room/Kitchen
(3.1m (3.1) x 3.9m (3.9)) x (5.36m (5.36) x
Living Area
Spacious living room with dual aspect original windows with secondary double glazing. Laminate wood flooring. Two heaters. TV, phone and power points.
Kitchen Area
Fitted with a modern range of base and eye level units with roll top work surface over and splashback. Inset stainless steel sink with drainer and mixer tap. Integrated oven with electric hob and stainless steel extractor over. Space for fridge freezer and space and plumbing for washing machine.
Bedroom 1 (4.32m x 3.58m (14' 2" x 11' 9"))
Laminate wood flooring. Original windows with secondary double glazing to front elevation. Heater. Power points.
Bedroom 2 (4.32m x 3.35m (14' 2" x 11' 0"))
Laminate wood flooring. Original windows with secondary double glazing to front elevation. Heater. Power points.
Bathroom (2.41m x 1.85m (7' 11" x 6' 1"))
Tiled floor. Fitted with a close coupled WC and wash hand basin with cabinet below. Bath with shower over and glass screen. Wall mounted heated towel rail. Full height wall tiles. Fitted mirrored cabinet. Extractor.
Tenancy Details
An assured shorthold tenancy is in place until 12/11/25 at a rent of £1100pcm.
Leasehold/Council Tax
Lease term: 125 years from 1st January 2005.
Ground rent: £175 per annum.
Service charge: £1607.38 for period 01/01/25-30/06/25, equating to an annual figure of £3214.76.
Please verify lease details with your solicitor.
Council tax band D (Manchester City Council).
Auctioneer's Comments
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 (truncated)
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More information
Tenure
Leasehold (104 years)
Service charge
£3,214 per year
Council tax band
D
Ground rent
£175
Ground rent date of next review