2 bedroom flat for saleApartment 112, Fresh, 138 Chapel Street, Salford, Greater Manchester
- For sale by auction
- Investment Flat
- Bedrooms: 2
Lot 186 - This lot is for sale by auction as lot 186 on 14th December 2017.
A Long Leasehold Self-Contained Purpose Built First Floor Flat subject to an Assured Shorthold Tenancy
Long Leasehold. The property is held on a lease for a term of 999 years from 3rd October 2007 (thus having approximately 989 years unexpired) at a current ground rent of £250 per annum.
The property is situated on the north-west side of Chapel Street (A6), at its junction with Cook Street. The property is well positioned within Manchester city centre close to Spinningfields and Deansgate, which offer a wide selection of shops, restaurants and theatres. Excellent transport links, including Manchester Victoria and Salford Central Rail Stations are close by. The area is also served by an extensive network of motorways.
The property comprises a self-contained first floor flat situated within a purpose built block arranged over ground and ten upper floors.
The property was not internally inspected by Allsop. The following information was obtained from the Vendor. We are informed that the property providesReception Room, Two Bedrooms, Kitchen, Bathroom
The property is subject to an Assured Shorthold Tenancy for a term of 12 months from 1st July 2017 at a rent of £825 per calendar month.
The property will be open for viewing every Monday and Wednesday before the Auction between 9.45 - 10.15 a.m. These are open viewing times with no need to register. (Ref MW).
Current Gross Rent Reserved £9,900 per annum (equivalent)
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Allsop , Auction on 0207 494 3686.
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