For Sale By Auction | 12:00, 18 September 2024

Room 21, Main House Montgomery House, Demesne Road, Manchester, Greater Manchester M16 8PH

*Guide | £18,000 (plus fees)

  • Studio
  • Tenure: Leasehold.

Call the team on 01772 772450 for more information

Auction Date

Wed 18/09/2024

Auction Time

12:00

Auction Venue

Online Auction

Student En-Suite Accommodation – Tenanted at £5,400pa

Auction House North West have not inspected the property but we have been made aware that this is a student en-suite accommodation room situated on the ground floor residing within the main house of Montgomery House offering off road parking. Within the building included with the room is a communal kitchen with all appliances, communal area for occupiers to sit & also a gym at no extra cost. Montgomery House is designed specifically for students and offers over 200 rooms available to rent. The room is currently tenanted at £450pcm (£5,400pa) until 30th August 2024. A section 21 has been served to the tenant to vacate. Potential rental income could achieve approx. £525pcm (£6,300pa). Please refer to the legal pack for more information. Situated approx. 2 miles from Manchester City Centre and approx. 1.2 miles from University of Manchester along with local amenities and transport links nearby. Please be aware that there are no viewings available. Tenure: Leasehold Length of Lease: 150 years from 1 January 2011 Service Charge & Monthly Bills: £217pcm Ground Rent: £100pa Title number: MAN181980 Council Tax Band: N/A – included within service charge Local Authority: Manchester Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Tenure

Leasehold.

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.

AUCTION 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.

Energy Efficiency Rating (EPC)

Current Rating N/A

Local Authority

Manchester City Council

Solicitors

Sabz Soictiors, Ref: Sabz Soictiors

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.

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

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