1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- 1 Bedroom
- Subject to Reserve Price
- Sold by Modern Auction
- (T&Cs apply)
- Buyer Fees Apply
- Modern Method of Auction
X1 Sales and lettings is pleased to present this tenanted one bedroom apartment in popular Town Hall in Salford.
Achieves £930.00 per month in rent, tenant and management compnay already in place.
A fantastic opportunity to purchase a one bedroom apartment within a Grade II listed building right in the heart of Manchester! X1 Salford Town Hall used to be the former Magistrates court and is therefore steeped in history.
X1 Town Hall is set in a great location with local amenities on the doorstep, a short walk into the city centre and great transport links.
This one bedroom property is on the ground floor and is of a great size, with large windows , an abundance of natural light and high ceilings. This remarkable building also benefits from a private gym, residents library and overnight security.
The apartment comes with a sitting tenant making it a great investment opportunity! X1 Town Hall is managed by X1 Lettings and benefits from an excellent occupancy rate year round.
- Tenure: Leasehold
- Ground rent £250.00 -
- Doubles every 10 years for 30 years from review date - Review date - 01 Sept - 31 Aug
- Service charge - £1,161.95 per quarter) - the service charge includes the water , wifi and electricity as the apartments do not have communal metres due to it being a listed building.
- Lettings Management fee's: 9% plus VAT for full management
- Lease Term - 999 years commencing on 01.01.2014
EPC Rating: D
Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties’
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided. The buyer
will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-
Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to
a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the
buyer during the Reservation Period and is paid in addition to the purchase
price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will
receive payment from the service provider if the service is taken. Payment
varies but will be no more than £450. These services are optional.
Places of interest
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
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Property reference SAL220029. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales and Lettings - Greater Manchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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