Lot 16 - Apartment 210 Masson Place, 1 Hornbeam Way, Manchester, Lancashire, M4 4AJ
- Unconditional Online Auction Sale
- Guide Price* : £90,000
Addendum
Please note the sale has been postponed until the 14th April.
- CASH BUYERS ONLY - NO EWS1
- One bedroom second floor apartment
- Investment Opportunity - Let at £775pcm
- Balcony
- Popular and sought after location
- Walking distance of Manchester City Centre and public transport
ON BEHALF OF LPA RECEIVERS: One bedroom second floor apartment within a modern development Let on an AST at a rent of £775pcm
Description
A residential investment property comprising a one bedroom second floor apartment which is let producing £9,300 per annum. The apartment benefits from an open plan kitchen/living room with a balcony. The development does not have an EWS1 Certificate - CASH BUYERS ONLY.
Location
The apartment is located in the highly popular and sought after area of Green Quarter within easy access of Victoria railway station and Market Street tram stop. Manchester City Centre is just a short walk away and provides an extensive array of shops, bars and restaurants, together with the Manchester Fort retail park.
Tenure
The property is held Leasehold for a term of 150 years from the 1st August 2005 with a ground rent payable of £250 per annum. The service charge is £1,420.28 per annum.
Accommodation
Entrance Hall
Open Plan Kitchen/Living Room with Balcony off
Bedroom
Bathroom/W.C
Tenancies
The property is let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 19th April 2022 at a rent of £775pcm. The tenant is currently holding over.
EPC
Energy Performance Asset Rating - B
Council Tax Band
C
Lease Start Date
01/08/2005
Lease Duration
150 years (131 years unexpired)
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The property does not have an EWS1.
2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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 Guide.
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