Block of Apartments in Ashton-Under-Lyne

St. Michaels House, 121 Stamford Street Central, Ashton-Under-Lyne OL6 6XJ
  • Lot No: 72
  • Property Type: Block of Apartments
  • Contract Type: Unconditional with Variable Fee

Guide Price* £495,000+ plus fees

Result Sold Prior to Auction

Property Description

DRAFT DETAILS Block of flats. A residential Grade II listed building in the heart of Ashton-under-Lyne, arranged a nine self-contained flats. The property is currently fully let, producing £46,728.24 per annum. Transport links include the towns railway station positioned approximately 0.3 miles as well as Junction 23 of M60 motorway approximately one mile to the west. Further tenancy information can be found within the legal pack. Flat one- £475 per calendar month Flat two- £475 per calendar month Flat three- £425 per calendar month(paying quarterly) Flat four- £425 per calendar month Flat five- £360 per calendar month Flat six- £575 per calendar month Flat seven- £379.02 per calendar month Flat eight(split level flat) - £380 per calendar month Flat nine(split level flat) - £400 per calendar month Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. Room sizes have not been confirmed by the auctioneer, and prospective buyers must make their own independent enquiries in this respect as any bid made will be binding.

Flat One

45 square metres


Flat Two

46 square metres


Flat Three

58 square metres


Flat Four

50 square metres


Flat Five

38 square metres


Flat Six

64 square metres


Flat Seven

34 square metres


Flat Eight

44 square metres


Flat Nine

43 square metres


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 26th May 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. 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

St. Michaels House, 121 Stamford Street Central, Ashton-Under-Lyne OL6 6XJ