Guide price
£85,000
1 bed flat for saleStillwater Drive, Manchester, Greater Manchester M11
1 bed
1 bath
1 reception
EPC Rating: B
- Chain free
- Auction
- Leasehold
Bridgfords - Manchester Sales
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About this property
** for sale via modern method of auction **
Stillwater Drive is part of the Sport City Complex that is a purpose-built development of apartments within walking distance to the city centre.
Close to the local schools, Etihad Campus and the nearby Velodrome Metro link tram stop, this property is within easy reach of a lot of local amenities.
This 12th floor apartment is accessed via a lift and consists of a vast impressive living area incorporating a superb fitted kitchen. The living area enjoys a Juliet balcony and is adjacent to a master bedroom. A three piece fitted bathroom is also present and this apartment comes complete with a secure car parking space. No chain!
Management company Scanlans
Leasehold Expires 29/10/2255
Service charge £2,220 per annum
Ground Rent Peppercorn.
Potential rental- £1050
Gross Yield-9.6%
Net yield- 8%
Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation.
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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More information
Tenure
Leasehold (229 years)
Service charge
£2,220 per year
Council tax band
B
Ground rent
Ground rent date of next review