2 Warwickgate House Warwick Road, Manchester, Lancashire, M16 0RZ

  • Conditional Online Auction Sale
  • Guide Price * : £136,000 Plus fees

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Thornley Grove


  • Spacious Two Bedroom Ground Floor Apartment
  • Open Plan Living Kitchen Dining Area
  • Flagged Terrace
  • Master With En-Suite
  • Secure Off Road Parking
  • Currently Tenanted at £750pcm

Property Description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Thornley Grove

Two Bedroom Apartment

A fabulously spacious ground floor apartment located within close proximity to both the City Centre and Salford Quays with easy access to the motorway and local road networks plus a popular retail park. Ideal for investors currently rented at £750pcm unitl March 2020 providing a yield of 6.4% based on the guide price of £140,000. The property benefits from a large kitchen and living area with a full width floor to ceiling windows which has access to the outside flagged terrace, secure off road parking is also included. The modern accommodation briefly comprises: entrance hallway, open plan living room, kitchen with integrated appliances, master bedroom, en-suite shower room, second double bedroom and three piece bathroom suite. Subject to Contract. EPC Rating - C.


Tenure
See Legal Pack

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also know as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our website, www.sdlauctions.co.uk.


Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions


Energy Performance Certificates

EPCs can be viewed in the Related Documents section on our website or in the legal pack.


Auction Type: Conditional with Reservation Fee

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online -auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and will have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period, the seller is not able to accept other offers.

The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.


Joint Agent

Thornley Grove



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Sold subject to contract for £140,500

This auction lot is now closed.

Auction Ended

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Joint Agent

For viewings please contact:
Thornley Grove
0161 245 1111
natasha.conway@thornleygroves.co.uk

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