Tenanted Two Bedroom Apartment with Allocated Parking – Income of £5,760pa

NO VIEWINGS AVAILABLE Auction House North West have not inspected the subject property but we have been advised this is a two bedroom apartment residing on the 2nd floor of a purpose built apartment block. The accommodation is understood to comprise of an entrance hallway, open plan living/kitchen, two bedrooms and a bathroom. Externally there are communal grounds along with an allocated parking space included. The total floor area taken from the current EPC is 55 m2. We have also been advised that the property is currently tenanted and is to be sold with the tenant in situ. There is no current tenancy in place, but we have been informed of the following: Term: 23.03.2022 to 22.03.2023 (now on a rolling month) Rent: £480pcm We have also been advised that a section 21 notice has been issued but this expired in September 2024 and the tenant is still in situ. For more information relating to the tenancy and the notice, please refer to the legal pack. Please be aware that photos included have been taken from pre-tenancy in 2020. Tenure: Leasehold Title number: MAN90679 Length of Lease/Term: 125 years from 1 January 2006 Ground Rent: Please refer to the legal pack Service Charge: Please refer to the legal pack Council Tax Band: A Local Authority: Wigan Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold. MAN90679

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Wigan Metropolitan Borough Council

Solicitors

DWF (Northern Ireland), 42 Queen Street, Ref: DWF (Northern Ireland), Tel: 0333 320 2220

Offered in association with

Spicerhaart

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Administration Charge - No Fee Applicable

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.