For sale by Unconditional Online Auction.

An end-terrace property split into three flats in Rochdale. Currently let producing £20,100 per annum in total (three flats and advertising board £1675 per calendar month).

A substantial property split into three, one bedroom flats situated in Rochdale Town Centre. The property is ideally positioned within walking distance of all necessary amenities and services including shops, transport links and a selection of pubs, bars and eateries. There are a number of outdoor spaces close by and plenty of sports and leisure facilities in the area. The property is also sold with an advertising board which produces £50 per calendar month.

A full breakdown can be found below:

108 Milkstone Road: Ground floor flat let at £525 per calendar month comprising of open plan lounge/bedroom, kitchen and bathroom
108a Milkstone Road: First floor flat let at £600 per calendar month comprising of separate bathroom, lounge, kitchen and bedroom
1a Ashfield Road: Ground floor flat at the rear, currently let at £500 per calendar month comprising of open plan lounge/bedroom, kitchen and bathroom
Advertising board: £50 per calendar month
Construction Material: Cavity wall, filled cavity
Broadband: Standard - 13 mbps, Superfast - 251 mbps and Ultrafast - 900 mbps available
Mobile Phone Coverage: O2, EE, Three and Vodafone available
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: See Legal Pack

EPC Rating: D and 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.