For sale by Unconditional Online Auction.
A five-bedroom, detached property occupying approximately a one-acre site in an exclusive Manchester location, suitable for redevelopment (subject to planning permission).
A substantial detached property situated in the highly sought after, residential area of Prestwich and requiring a full scheme of refurbishment. The site is approached down a pleasant single-track road with private gates at the entrance, opening on to extensive gardens. Internally, the building is arranged over the ground floor and basement with a large entrance foyer, five bedrooms, lounge, dining room, kitchen, bathroom and secondary W/C.
Whilst the property itself would make a superb, high-end family home, the overall site offers excellent development potential (subject to planning permission) and has previously been granted planning consent (now lapsed) for seven substantial dwellings.
Locally the area is well serviced by many popular amenities including M&S Simply food, various coffee shops and eateries, as well as a number of highly-regarded schools. Transport links include the local Metrolink and a popular local bus network.
Planning enquiries should be made directly with Bury Council: www.bury.gov.uk
Mobile Phone Coverage O2, EE, Three and Virgin are available in this location.
Satellite and Cable TV Availability BT and Sky are available in this location.
Broadband (estimated speeds) Standard 16 mbps. Superfast 80 mbps.
Draft Sales Details These sales details are awaiting vendor approval.
Tenure: Freehold
EPC Rating: Awaited
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.