1 bed apartment to buy in M3

169 - 171 Chapel Street, Salford, Salford, Greater Manchester, M3 6AD

Starting Bid
£138,000
Time left:
Bid now

Online auction

Alternatively call 0191 7371 168 or email northwest@pattinson.co.uk

  • For Sale by online Auction T&C's Apply
  • One Bedroom
  • Open plan Lounge and Kitchen/Diner
  • Premium Location in the Heart of Manchester,
  • Situated on the Fourth Floor with Views and Lift Access
  • CASH BUYERS ONLY

1 bed apartment to buy in M3

This one bedroom apartment in Albert Vaults is on Chapel Street. Designed to a high specification in a premium location in the heart of Manchester, perfect for city living with excellent transport links and just a short walk to Spinningfields.

Situated on the fourth floor with views and lift access. The apartment offers an open plan kitchen/ diner and lounge with timber flooring and floor to ceiling windows. The well appointed fitted kitchen features integral appliances to include, fridge/freezer, dishwasher and washing machine, oven, electric hob and extractor together with a range of wall and base mounted cupboards and working surfaces. The carpeted double bedroom also with floor to ceiling windows accommodates a double bed and wardrobes. The shower room features a three piece suite with tiled floors and splashbacks which comprises of low level WC, washbasin, shower cubicle with glass screen and vanity mirror.

The apartment measures 398sq ft and fitted with full electric heating, benefits a door entry system with key fob access. A secure internal bike store with key fob operated lock is available for residents.

We have been advised the property is Leasehold with 250 year lease from 2019, ground rent is currently £350.00 per year together with a Service charge of £2.36 / sq ft (398 sq ft comes to £939.00 per year. Subject to confirmation in the legal pack. The property is being sold tenanted at present.

Summary

  • Property Type: Apartment
  • Bedrooms: 1
  • Receptions: 1
  • Tenure: Leasehold
  • Central Heating: Electric
  • Parking: On Street

Floor plan

Floor plan
EPC for 1 bed apartment to buy in M3

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

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