2 bedroom Terraced House in Manchester

38 Old Road, Manchester, M9 8BX
  • Lot No: 19
  • Property Type: Terraced House
  • Contract Type: Unconditional with Variable Fee
Aubrey Lee & Co

Guide Price* £65,000+ plus fees

Result Sold at Auction £97,500

Property Description

This two bedroomed property is well-positioned for investment purposes and requires a scheme of refurbishment, making it a great opportunity for both property developers or landlords. Locally the property is serviced by a range of shopping amenities including supermarkets and independent shops. Transport links are good with a local bus service and the North West motorway network close-by. Manchester city centre is within approximately five miles and appealing to landlords; both North Manchester General Hospital and North Manchester Six Form College are positioned locally. The auctioneers have not inspected the property.

Virtual Tour

https://youtu.be/H4N7V81gAfk


Occupancy

Vacant


Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 27th May 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

38 Old Road, Manchester, M9 8BX