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For Sale By Auction | 13:00, 18 June 2020 | Lot 23

Freehold Ground Rent Investment At 2 Kersal Crag, Salford, Greater Manchester, M7 4SL

Sold £4

  • Property For Sale
  • Tenure: Freehold

Call the team on 0800 050 1234 for more information

Auction Date

Thu 18/06/2020

Auction Time


Auction Venue

Online Auction Online Auction,

999 year ground rent from 01.06.1973 at £25 per annum

Freehold ground rent investment held at 2 Kersal Crag Salford Manchester M7 4SL 999 year ground rent from 01.06.1973 at £25 per annum The long leaseholder can only sublet the whole property to a single family and is not allowed to remove any internal walls without freeholders consent. Land registry / Rightmove sold price history shows the high value of the long leasehold interests as below; No 21 Kersal Crag sold in March 2019 for £275,000 No 3 Kersal Crag sold in December 2018 for £265,000 No 16 Kersal Crag sold in August 2017 for £290,000



Energy Efficiency Rating (EPC)

Current Rating n/a

Local Authority

Salford City Council

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.