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Guide price
£12,500

1 bedroom property for sale

Montgomery House, Manchester M16
Auction
Study
Property
1 bed
Added > 14 days

Key information

TenureLeasehold | 135 yrs left
Ground rent£200 per annum | review period: unconfirmed
Service charge£2,736.28 per annum
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (135 years remaining)
  • For sale by modern method of auction
  • Modern Auction T&Cs apply
  • A reservation fee is payable
  • Individual study bedroom for sale
  • Access to communal facilities
  • Superb investment opportunity
  • Adjacent to Alexandra Park
  • Good transport links to city centre
  • Leasehold
  • EPC Exempt
*For sale by Modern Method of Auction; Starting Bid £12,500 plus Reservation Fee.* Attention investors! A great opportunity to purchase an individual room within this attractive development situated next to Alexandra Park in Whalley Range with good transport links to the city centre and universities. The room can be let to both students and professionals, with access to communal facilities including kitchen, lounge areas and outdoor spaces. Offering potential for an attractive return on investment. EPC Exempt.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MCC240638/2

Rooms

2nd Floor

Study Bedroom
3.75 x 2.72 - Window, radiator, wash hand basin and carpet.

Communal Facilities
Residents have access to a range of communal facilities, including fully-equipped kitchens, showers/toilets and lounge areas. There are pleasant outdoor spaces with neighbouring Alexandra Park offering further public green space to enjoy. The development also benefits from 24/7 security and an on-site management team.

Agent's Note
The room is currently vacant so no tenancy agreement is in place at present.

Leasehold / Council Tax
Lease term: 150 years from 1st January 2011. We are advised that the current ground rent is £200 per annum. The service charge 2023 / 2024 budget sates the annual service charge is £2736.28. Please verify lease details with your solicitor. We understand council tax charges are included in the service charge as the property is not separately banded.

Auctioneer's Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be (truncated)

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Reeds Rains - Salford Quays
Reeds Rains - Salford Quays
2 Anchorage Quay Salford Quays M50 3YW
0161 937 0013
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Reeds Rains has over 100 branches across the UK. Established in 1868 Reeds Rains has over 150 years of sales and lettings expertise. The network of local high street branches pride themselves on their professionalism and their no nonsense approach to selling and letting property. Using the best traditional and online methods Reeds Rains focusses on getting the job done.
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