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Lot - Apartment 308 Skyline Chambers, 5 Ludgate Hill, Manchester, M4 4TG

Guide Price* £90,000

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Property Type
Flat
Tenure
Leasehold
Type
Residential
Bedrooms
1
Bidder Security Deposit
£3,500*

Property Summary

  • On the instructions of the Joint Fixed Charge Receivers
  • Long leasehold fourth floor one bedroom purpose built flat
  • 39.95 sq m (430 sq ft)
  • Remedial works being carried out by the Freeholder to provide an EWS1 certificate
  • Internal access cannot be provided
  • Vacant possession

Long leasehold fourth floor one bedroom purpose bult flat with vacant possession

Description

The property comprises a fourth floor one bedroom flat of approximately 39.95 sq m (430 sq ft). Neither the Seller nor the Auctioneer have been provided with any internal access to the property.

The Freeholder is currently undertaking building works to include cladding and external wall system remediation to the property, and as such neither the Seller nor the Auctioneer have been provided with internal access to the property. The works are forecast to be completed by January 2027, please refer to the legal pack for further information.

Location

Manchester is located approximately 44 miles south-west of Leeds, 35 miles east of Liverpool and 13 miles south-east of Bolton.

The property is situated within the city centre along Ludgate Hill approximately 0.4 miles north of Manchester Victoria station and 0.75 miles north-east of Manchester Piccadilly station offering excellent rail links. Nearby Metro Tram stops include Shudehill, Victoria and Exchange Square, all within walking distance.

The immediate area is characterised by modern residential apartments, whilst the surrounding neighbourhoods of Ancoats and The Northern Quarter offer a wide range of retail, leisure and dining out amenities.

Accommodation

Reception room, bedroom, kitchen, bathroom/wc

Lease Details

Held on a lease for a term of 250 years from 01/01/2007.

EPC Rating

B

Council Tax Band

C

VAT

VAT is not applicable to this lot

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £1,500 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £1,500 (inc. VAT).

Please note that Lots may be sold or withdrawn prior to auction.

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All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of SW Property Auctions or the seller.

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Office Contact

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Oliver Childs
07732 681 150
Sanderson Weatherall LLP,
4th Floor,
87-88 Bartholomew Close,
London,
EC1A 7BL

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Moore Barlow
Simi Virdee
023 8071 8000

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