*SOLD VIA MODERN METHOD OF AUCTION*This property is for sale by Modern Method of Auction powered by iamsold LTD- Starting Bid £130,000+ reservation fee.Welcome to this charming two-bedroom apartment available to buy via Auction, perfect for first-time buyers or investors looking to put their stamp on a fantastic property in Failsworth, Manchester! With excellent public transport links and a nearby train station, commuting and getting around couldn't be easier, and you'll also find a wide array of local amenities just a short stroll away.This apartment offers plenty of potential, and while it does need some tlc, you’ll have the opportunity to truly make it your own. The open-plan reception room and kitchen create a bright, airy space that’s ideal for both relaxing and entertaining. The kitchen features practical wall and base units, making it a flexible area ready for your own design ideas.There are two bedrooms – the main being a generous double with the added luxury of an en-suite, complete with a walk-in shower, hand basin, and WC. The second bedroom is a comfortable single. The main bathroom provides both a bath and a separate WC and hand basin, ensuring plenty of convenience for everyone.With an EPC rating of C, this home is efficient and easier to maintain. The council tax band A also helps keep running costs down. This is a fantastic opportunity to secure a property in a thriving area with lots of future potential. Don’t miss your chance – book a viewing today!Auctioneer CommentsThis 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 Limited. 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 (for standard Grade 1 properties). 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 funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you. EPC rating: C. Tenure: Leasehold, Service charge £862.29 [aid every 6 months,
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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