For sale by Unconditional Online Auction. A stylish one bedroom apartment situated within a period mill conversion in Manchester City Centre.

A stylish one bedroom apartment situated within a period mill conversion in Manchester City Centre.

A one bedroom, lower ground floor apartment within Cambridge Mill, located in a sought after area of Manchester City Centre. The property is ideally placed just a short walk from the shopping and nightlife districts of Manchester with all necessary amenities and services nearby. Oxford road train station is close by as is Manchester Metropolitan University Campus.

The property itself offers a spacious open plan kitchen and living area, a three piece bathroom suite and a double bedroom with space for a walk in wardrobe or study area. The property features original ironwork throughout and is a turnkey investment opportunity.

The seller has advised that the apartment has a small courtyard off the living room which is 1.5m by 1.5m approximately.

Hallway - Fire doors to open plan living / kitchen, bedroom and bathroom.
Open plan living room/kitchen - 4m x 5.78m Fitted kitchen with washer machine, cooker and hob with two electric heaters.
Bathroom - 1.76m x 1.55m Fitted with a three-piece suite comprising bath, wash hand basin and WC.
Master bedroom - 2.39m x 3.69m With walk in wardrobe/potential study area
Construction Material: Solid brick, as built, insulated (assumed)
Broadband: Standard - 13 mbps, Superfast - 77 mbps and Ultrafast - 1000 mbps available
Mobile Phone Coverage: O2, EE, Three and Vodafone available
Leasehold Information Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. The lease remaining on the property is 976 years The ground rent is currently £75.
We understand the service charge is currently £136 and likely to increase to approximately £155. We have not however been provided with evidence of service charge payments and prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Leasehold

EPC Rating: D

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The 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.