1 bed flat for sale

Furness Quay, Salford M50

** For Sale By Online Auction** Pre Auction Offers Considered**

Investment opportunity, currently rented for £1050pcm. One-bedroom apartment available in the recently developed Northill Apartments, located in Salford Quays. This area has recently undergone significant regeneration, with over £560 million invested in local infrastructure, amenities, and public spaces in recent years.

The apartment includes a spacious double bedroom, an open-plan kitchen and living area, and access to a large wraparound balcony. High-quality fixtures and fittings are used throughout. Residents benefit from proximity to a wide range of amenities including shops, restaurants, gyms, and watersport facilities. Excellent transport links provide direct access to Manchester City Centre.

Additional Information -
Length of Lease - 240 years remaining
Service Charge - Circa £345 per quarter
Ground Rent - £375 per annum

Modern Terms & Conditions -
This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. Please remember that the reservation fees are payable in addition to the sale price.

Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.