Long-lease studio by the river — tenanted, sold at auction, no viewings.
Riverside modern development near central Manchester amenities
A compact studio apartment in The Edge, a riverside modern development close to central Manchester amenities. The property benefits from a long lease (250 years from 2005), double glazing and an EPC grade C, and sits in a low-crime, well-connected area popular with students and professionals.
Currently tenanted and offered at auction with no viewings available, the lot is sold 'as is' and utilities have not been tested. The auction listing reports a tenant paying £929pcm, but tenancy documents have not been made available and this figure is unconfirmed — buyers should verify rental details and check the legal pack for service charge and ground rent obligations.
This will suit an investor seeking an income-producing city-centre studio with long lease security and straightforward accommodation (open-plan living/kitchen/bedroom plus shower room). It is also suitable for a buyer comfortable purchasing at auction and accepting the risks of no inspection and limited information.
Important drawbacks: no viewings, sold at auction on legal memorandum terms, services untested, and key costs (service charge/ground rent) are detailed only in the legal pack. Prospective purchasers must factor buyer’s premium, deposit requirements and anti-money-laundering checks into their preparations.
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