2 bed Flat (for sale) Slade Lane, Manchester, Greater Manchester M13

£900,000
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Miller Metcalfe - Worsley
13-15 Barton Road, Worsley, Manchester
0161 506 8801
First Published

29th Jan 2020

Last Published

29th Jan 2020

 

Features

  • Type: Flat
  • Bedrooms: 2
  • Listing status: sale
  • Country: England

Description

For sale by conditional online auction in partnership with iam sold: Please visit to place your bid!

Starting Bid Price £900,000 plus Reservation Fee. Excellent investment opportunity. Set within one of the most popular locations in the town within easy walking distance of all good local amenities. Briefly comprising, eight apartments with a mixture of 4 x two bedroom, and 4 x three bedroom apartments. All apartments have lounge, kitchen, bathroom. All fully tenanted.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. 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. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

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

 

Local info for M13

 

Property Value Data/Graphs for M13

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Terraced house 31.7% £153,886 4 1.8
Flat 28.6% £169,942 2.1 1.7
Semi-detached house 20.6% £217,688 3.4 1.5
End terrace house 7.9% £229,800 3.8 1.4
Other 6.3% £222,500 5 2.5
Town house 1.6% £235,000 4 3
Block of flats 1.6% £800,000 0 0
Studio 1.6% £82,000 0 1

Area Information

Average Price Paid

£144,377

Sales

914

Current Average Value

£192,423

Value Change

£48,046 33.3%

 

Current Asking Prices in M13 Average: £192,423

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £148,300 (3) £183,268 (18) £204,059 (16) £213,249 (4)
Flats £97,111 (9) £144,992 (6) £170,000 (1) £245,000 (1) -
All £97,111 (9) £146,094 (9) £182,570 (19) £206,468 (17) £213,249 (4)

Nearby Properties

2 bed Cottage () Hollins Lane, Hollins, Bury BL9 £149,950
4 bed Detached house () Keston Crescent, Brinnington, Stockport, Cheshire SK5 £174,950
2 bed Terraced house () Sandbach Road, Reddish, Stockport SK5 £110,000
3 bed Semi-detached house () Fold Crescent, Carrbrook, Stalybridge SK15 £205,000
2 bed Terraced house () Ten Houses, Oldham OL8 £159,995
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