1 bed Apartment (Leasehold)

New to the market is this excellent one bedroom Stretford town centre apartment, offering a great investment opportunity. The property is being sold with a tenant in situ, who is currently on a SPT (rolling contract) and paying £825PCM on an unfurnished basis - giving the property an impressive gross yield of 8.61% at the start bid. This apartment is in immaculate condition and features on entrance a video entry system, open plan living area/kitchen with integrated appliances, one double bedroom and a modern, stylish bathroom. Being located right in the heart of Stretford Town Centre makes this apartment an even more attractive buy.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.