Online auction 24th - 25th March 2025
Description
Online auction 24th - 25th March 2025
Three Bedroom End Terrace with Tenanted Basement Flat – Potential income of £1,300pa
Unoccupied two-storey, three-bedroom end terrace with a separate, leased basement flat.
The property consists of a three-bedroom end terrace property with accommodation over two floors (ground & 1st floor). The ground floor includes an entrance hallway, two reception rooms, and a kitchen. The first floor comprises three bedrooms and a bathroom. This part of the property is currently vacant and could achieve circa £1,300 per month
There is also a self-contained one-bedroom basement flat with its own entrance that is currently tenanted at £350 per calendar month on a periodic tenancy. Based on local rentals in the area, this property could potentially receive a higher rent. The basement flat includes an open plan kitchen/living area, bedroom, and en-suite shower room.
For more information regarding the tenant, please refer to the legal pack.
Off-road parking is available to the rear of the property.
Tenure: Leasehold
Title number: MAN111242
Length of Lease/Term: 999 years (less 10 days) from 25 June 1908
Ground Rent: Please refer to the legal pack
Service Charge: Please refer to the legal pack
Council Tax Band: C
Local Authority: Stockport
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold
EPC Rating: D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
£3,600 inc VAT payable on exchange of contracts.
Administration Charge
2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.
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- End of Terrace House
- Unconditional (Immediate Exchange)
Call the team on 01772 772450 for more information
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