Guide price
£120,000
2 bed flat for sale1 Stillwater Drive, Openshaw, Manchester City Centre M11
2 beds
1 bath
1 reception
EPC Rating: B
- Auction
- Leasehold
Thornley Groves - Manchester Southern Gateway
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About this property
First Time Buyers Welcome
Ideal Investment Opportunity
Rented at £1100pcm - Providing 11% Yield
Sports City Location
Close to Metrolink
Great Access to City Centre
First Floor Floor Apartment
Two Double Bedrooms
Large Balcony
Spacious Living Room
Developer funding in place to remediate cladding works. Currently rented at £1050pcm providing a fantastic 9.4% yield!
This fantastic first floor corner apartment in Sports City is positioned is easily accessible to the City Centre via road links or the nearby Metrolink Station. There are local conveniences available with a large Asda Superstore adjacent and also the iconic Etihad Stadium. Well presented throughout, the accommodation briefly comprises: Entrance hallway, open plan living room with decked balcony, integrated kitchen, master bedroom with fitted wardrobes, second double bedroom and large four piece bathroom suite. Secure Allocated Parking.
Subjet to contract. EPC Rating B.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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More information
Tenure
Leasehold (225 years)
Service charge
£2,500 per year
Council tax band
B
Ground rent
Ground rent date of next review