Guide Price
£150,000
Full description
For Sale by AUCTION - 13TH NOVEMBER 2024 (Unless Sold Prior Under Auction Conditions)
This is a fantastic opportunity to acquire a two-bedroom apartment in the highly sought-after Fresh Building, conveniently located with easy access to Manchester City Centre, Salford, and just a stone's throw from Salford Train Station and Spinningfields-an ideal investment!
Currently tenanted with a fixed-term agreement, generating a rental income of £1,100 pcm until 11th November 2024 and will be going on a rolling month by month tenancy thereafter.
The apartment is situated on the 2nd floor, with lift access, and features:
Entrance hallway
Open-plan lounge and kitchen
Two spacious double bedrooms
Well-sized family bathroom
Leasehold: 999 years from 28th September 2007 (982 years remaining)
Ground Rent: £250 per annum
Service Charges: £199.44 per month (£2,398.28 annually)
Council Tax: Band C
EPC Rating: C
Currently undergoing Cladding works to the building - awaiting date for completion (was previously sceduled for completion September 2024).
Don't miss out on this prime investment opportunity!
Auction Terms and Conditions Apply
Admin Fee: £1.98% inc VAT / min of £1,980
Leasehold Information
Number of years remaining on the lease: 982 years
Current ground rent and any review period:
- £250 per year
Current service charge and any review period:
- £2,393
Council tax band: C
Features