557, 559, 559a, 559b Market Street Rochdale, Manchester, Lancashire, OL12 8QS

  • Unconditional Online Auction Sale
  • Guide Price* : £195,000 Plus Fees

FOR SALE BY UNCONDITIONAL ONLINE AUCTION
On Behalf of Martin & Co


  • Portfolio of Four Properties
  • Two Bedroom Cottage
  • Two Apartments
  • Shop

Property Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION
On Behalf of Martin & Co

Portfolio of Four Properties

557 - Two bed cottage comprising entrance hall, lounge, galley kitchen, two double bedrooms both with en-suite bathrooms. The property also benefits from UPVC double glazing and gas central heating. Currently tenanted at £525

559a - Three bed Apartment comprising lounge/diner, galley kitchen, one double bedroom, two single bedrooms, bathroom. The property also benefits from UPVC double glazing and gas central heating. currently tenanted at £495

559b - One bed Apartment comprising entrance hall, open plan lounge/kitchen, double bedroom and bathroom. The property also benefits from UPVC double glazing and gas central heating. The property is currently vacant

559 - A shop currently used as a gents barbers. Shop with kitchen facilities and toilet to the rear. Currently tenanted at £450 pcm


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 known 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 SDL Auctions website.


Viewing Details

By arrangement with the auctioneer 0345 319 2162.


Energy Performance Certificates

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


Auction Type: Unconditional with Variable Fee

Every online bidder must first create an account via the SDL Auctions website, in the online auction section. 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 the reserve is met or exceeded when the auction timer ends, the successful bidder is charged a 5% deposit (subject to a minimum fee of £5000) and exchange takes place. At this point, you will be legally obliged to buy the property for the full purchase price. The deposit contributes towards the purchase price.

The sale of this lot is subject to a buyers 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.

Therefore we will automatically charge you a minimum fee of £11,000, (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a buyers fee and deposit. 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.

By placing the bid, you are authorising the auctioneer to sign the contract of sale on your behalf.

Full terms and conditions are available on the SDL Auctions website.


Joint Agent

Martin & Co



Minimum Opening Bid

£195,000

Enter Bid (Min £195,000)

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Joint Agent

For viewings please contact:
Martin & Co
0161 773 0949
prestwich@martinco.com

Legal Documents

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