Online Auction - 18th to 19th August 2025
Tenanted Two Bedroom Mid Terrace – Income of £10,800pa
NO VIEWINGS AVAILABLE
This is a two-bedroom mid terrace which is offered with a tenant in situ. Comprising of a living room and kitchen/diner to the ground floor along with two bedrooms and a bathroom to the first floor. Externally there is a front garden and a rear courtyard.
We have been advised that a new boiler and replacement of all radiators within the property was fitted in 2021. For more information relating to this, please refer to the legal pack.
Tenancy:
We have been advised that there is a long-term tenant who is currently holding over, paying £1,050pcm / £12,600pa. For more information relating to the tenant, please refer to the legal pack.
Tenure: Leasehold
Title number: GM174005
Length of Lease: 999 years (less 3 days) from 16 July 1886
Ground Rent: £2 – as stated on the title plan
Service Charge: We believe this is not applicable but please refer to the legal pack for confirmation
Council Tax Band: A
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 In accordance with Anti-Money Laundering Regulations, two 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
Lease Details: GM174005
EPC Rating: D
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.
£1200 inc VAT payable on exchange of contracts.
2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.
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.