Lot 22 - 1 Spinners Gardens, Wardle, Rochdale, Lancashire, OL12 9HL

  • Unconditional Online Auction Sale
  • Guide Price* : £85,000

Addendum

The ground rent is £30 per annum (reduced to £20 if paid promptly- see copy lease in legal pack).

ON BEHALF OF LPA RECEIVERS:Two bedroom semi-detached house let at an annual equivalent rent of £6,600 per annum.

Description

A residential investment property comprising a two bedroom semi-detached house. The property is let at a rent of £126.92 per week.

Location

Situated near to Rutherford Park, in a residential area that lies approximately 1.75 miles northeast of Rochdale town centre. It is convenient for local bus routes which can be accessed on nearby Wardle Road and Smithy Bridge railway station is within 1 mile.

Tenure

Leasehold for 999 years from 4 October 1983 at a ground rent of £30 per annum.

Accommodation

We have not inspected internally and interested parties should rely on their own enquiries.

First floor: Two bedrooms, bathroom/WC
Ground floor: Entrance hall, reception room, kitchen/diner
Outside: Driveway, Front and rear gardens

Outside

Front garden and drive and rear garden.

Tenancies

Let on a statutory periodic tenancy following expiry of an AST for a term of 6 months from 23/3/20 at a rent of £126.92 per week.

EPC

Energy Asset Rating is C.

Council Tax Band

A

Lease Start Date

04/10/1983

Lease Duration

999 years (959 years unexpired)

Annual Ground Rent

£30

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 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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Additional Documents

Office Contact

Kate Lay
0161 967 0122
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