Turnkey investment close to transport, shops and top-rated schools.
Newly renovated one-bedroom apartment, approx 474 sq ft
Open-plan lounge with balcony and modern fitted kitchen
Allocated secure covered parking included
Leasehold sale; will be sold at auction (terms apply)
Reservation Fee 4.5% of purchase price (min £6,600) non-refundable
Buyer Pack fee £300 payable on successful bid
Service charge £540 per year (below average)
Very slow broadband speeds in the building
A newly renovated one-bedroom apartment in the heart of Sale centre, offered to investors by Modern Method of Auction. The flat occupies about 474 sq ft on the first floor of a mixed-use development and benefits from an open-plan lounge with balcony, a contemporary fitted kitchen with integrated appliances, and an allocated covered parking space — a valuable asset in this central location.
Practical ownership notes are important: the property is leasehold and will be sold at auction. Successful bidders must complete within the Reservation Period (56 days) and pay a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600 inc. VAT), plus a Buyer Information Pack fee of £300. Service charge is £540 (below average), and broadband speeds in the building are reported as very slow.
This apartment suits a buy-to-let investor seeking low-management, city-centre stock close to transport links, shops and strong local schools. The modern finish reduces immediate repair needs, and the communal lift and secure entrance support tenant appeal. Allow for potential marketing delays or tenant demand constraints related to the slow broadband.
Read the auction conditions and lender requirements carefully before bidding. The sale process has non-refundable fees and tight completion times that affect mortgage-dependent buyers. For investors who accept the auction terms, this flat offers turnkey presentation, city-centre convenience and an allocated parking space that can enhance rental value.
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