Fully Let Block of Four Self-Contained Flats

Situated in the desirable Heaton Moor area, close to Heaton Chapel train station (direct to Manchester Piccadilly – 10 mins) and convenient for bars, restaurants and shops. Substantial period three/four storey semi-detached property providing four self-contained flats (3x 2 bed, 1x 1 bed) all currently tenanted. All flats benefit from independent gas central heating, double glazing and separate meters. The basement flat benefits from patio areas to the front and rear. Externally there is a surfaced parking area for residents and landscaped areas. Accommodation The flats briefly comprise the following Basement – Flat 1 – entrance hall, two double bedrooms, lounge, dining kitchen and bathroom (patio areas front and rear.) Ground Floor – Flat 2 - entrance hall, two double bedrooms, lounge, dining kitchen and bathroom. First Floor – Flat 3 - entrance hall, two double bedrooms, lounge, dining kitchen and bathroom. Second Floor – Flat 4 - entrance hall, double bedroom, open plan lounge, dining kitchen and bathroom. Tenancies The building is currently let as follows:- Flat 1 (basement) - £795 pcm Flat 2 (ground floor) - £605 pcm Flat 3 (1st floor) - £544 pcm Flat 4 (2nd floor) - £695 pcm Total Rent = £2,639 pcm / £31,668 pa We are of the opinion that the rents are well under market value. Many tenants are long standing. NB – There is a right of way reserved across the parking area to access the rear house. Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ 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.

Tenure

Leasehold.

Tenure

Tenure: Long Leasehold Title number: (4x titles) Length of Lease/Term: 999 years from 29 September 1971 Ground Rent : £25 pa Service Charge: £ Council Tax Band : Flats 1-3 = C, Flat 4 = B

Energy Efficiency Rating (EPC)

Current Rating D, E

Local Authority

Stockport Metropolitan Borough Council

Solicitors

WHN Solicitors, Ref: WHN Solicitors, Tel: 0161 791 8093

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

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