1 bed flat for sale

Cheetham Hill, Manchester City M4

For sale by Modern Auction: T&c's apply, ensuring a straightforward and transparent purchasing process.

Modern 1 Bedroom, 1 Bathroom Apartment - Sold vacant, No onward chain - Ready to move into.

Long leasehold: 130 years remaining
Service charge: £137.67/month
Ground rent: £196/year
Current rental anticipation: £1,100 pcm (good investment opportunity, as manchester is growing 7% per annum in capital appreciation.)
Council tax band: C

Key Features:

- Bright open-plan living space
- Double bedroom with fitted wardrobe
- Modern fitted kitchen and bathroom
- Well-maintained, secure development with concierge and roof terrace
- Long lease, ideal for investors or first-time buyers

Local Area Advantages:

- Convenient location: Easy access to the city centre shops, supermarkets, bars, and restaurants
- Transport: Short walk to Manchester Victoria Station, Metro-link, and major bus routes
- Lifestyle: Close to the Northern Quarter, Ancoats, and city centre amenities
- Leisure: Near gyms, parks, and entertainment venues
- Investment hotspot: High rental demand, strong ROI, and excellent city centre growth potential for the price.

This property is for sale by the Modern Method of Auction.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This time allows buyers to get in place any mortgage finance required (subject to lending criteria, affordability and survey).

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Sovereign International Real Estate.

The buyer will be required to sign a Reservation Agreement and make payment of a non-refundable Reservation Fee. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Buyers will be required to go through an identification verification process and provide proof of how the purchase would be funded.

*Guide Price: This is an indication of the seller's minimum expectation at auction to the starting bid and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” The property cannot be sold at auction below this reserve price.

A Legal Pack will be made available for this property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.

To make A bid or to request A legal pack, Please contact our office for more details.