4th Floor, Two Bedroom Apartment – Tenanted bringing in an income of £17,400pa

NO VIEWINGS AVAILABLE Auction House have not inspected the subject property, but we have been advised that this is a two-bedroom apartment residing on the 4th floor of a purpose-built building which is being sold with a tenant in situ. The tenant is currently on a 12-month AST from 28th April 2025 paying £1,450pcm / £17,400pa. For more information relating to the tenancy, please refer to the legal pack. Located in the Northern Quarter and forming part of the Royal Mills development. Totalling approx. 785 sq ft, the apartment consists of an entrance hallway, open plan kitchen/living/dining room, two bedrooms, ensuite shower room to the primary and a main bathroom. There is also a balcony accessed of the open plan living area. The communal area offers list access to all floors along with an intercom system. ESW1 Certified – please refer to the legal pack for more information. We have been advised that an ESW1 certificate is in place. Please be aware that photos were taken pre-tenancy. Tenure: Leasehold Title number: MAN75497 Length of Lease/Term: 150 years from 1 January 2004 Ground Rent: Please refer to the legal pack Service Charge: Please refer to the legal pack Council Tax Band: C Local Authority: Manchester Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold.

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.

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Manchester City Council

Solicitors

Bexley Beaumont Limited, Ref: Jeremy Lee, Tel: 01298 70502

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 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.