Discover a rare opportunity to own a property in The Lock, one of Manchester's most sought-after developments. Situated along the Rochdale Canal, The Lock offers the perfect mix of vibrant city living and serene waterside tranquillity. Just a stone's throw from Oxford Road train station and close to Piccadilly, it's ideal for commuters. The area boasts diverse amenities, from shopping and cafes to universities and theatres, creating a culturally rich environment.
The Lock features a unique atrium, 24-hour concierge, and secure communal entrance. This fifth-floor property offers stunning canal views and city skyline vistas. Inside, find an entrance hallway with storage, open-plan lounge/diner with balcony access offering stunning canal and city views, high-spec kitchen, spacious master bedroom with en suite, a second double bedroom with sliding door to the lounge, and a bathroom. Offered with vacant possession, no onward chain and an allocated parking space, this property is a must-see. Subject to contract EPC Rating C
Mortgage Buyers Welcome - Developer funding cladding works & a letter of comfort to confirm has been supplied.
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 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 £445 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 Arrangements The 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.
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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