Guide price
£150,000
2 bed flat for saleLumiere Building, 38 City Road East, Manchester City Centre M15
2 beds
2 baths
1 reception
EPC Rating: C
- Chain free
- Auction
- Leasehold
Thornley Groves - Manchester Southern Gateway
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About this property
Mortgage Buyers Welcome
Great Investment
Sort After Location
Previous Rental Income is £1650pm Providing a Yeild Of 13.2%
Open Plan Living Area
Two Double Bedrooms
Two Bathrooms
Spacious Living Area
Priced to Sell
No Chain Delays
Mortgage buyers welcome due to mortgage companies lending criteria amendments following the Building Safety Act 2022. Government Building Safety Fund Approval in Place for remediation works.
The property is situated on City Road East and conveniently located to take full advantage of the city centre. Deansgate rail station and Metrolink are a 5 minute walk away and local amenities are within easy reach of the Lumiere Building. The development offers a daytime concierge service, roof garden and gymnasium which is free for all residents to enjoy. Also benefits from an secure underground allocated parking at an additional cost.
This first-floor apartment offers a generously sized living room with a balcony, a spacious fitted kitchen, family bathroom, and two double bedrooms, with one enjoying the advantage of an en-suite bathroom for added comfort and convenience.
Subject to contract. EPC Rating C.
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 will pay £349 inc VAT for this pack.
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 £450. These services are optional.
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More information
Tenure
Leasehold (104 years)
Service charge
£4,600 per year
Council tax band
D
Ground rent
£250
Ground rent date of next review