SOLD Apartment: XQ7, Taylorson Street South, Salford Quays, M5

Key Features

Property Description

10% GROSS YIELD! A spacious, TWO DOUBLE BEDROOM apartment positioned on the 11TH FLOOR of a popular residential development with TWO PARKING SPACES, a large PRIVATE BALCONY and views across SALFORD QUAYS/MEDIA CITY. **INVESTMENT OPPORTUNITY. TENANTED UNTIL JULY 2023 WITH A RENTAL INCOME OF £1120 PER MONTH | £13,440 PER ANNUM** Being sold via Secure Sale online bidding. Terms & Conditions Apply. Starting Bid £135,000. Cash Buyers Only although BSF has been approved.

The accommodation spans 677 sq/ft and comprises: communal entrance with 24-hour concierge and lifts to all floors, hallway with utility cupboard, living room with floor to ceiling windows, open plan to dining area and fitted kitchen with integrated appliances, two double bedrooms and a fully-tiled three piece bathroom suite. The property also benefits from two secure allocated parknig spaces and a large private balcony with far reaching views. EPC RATING C (78).

XQ7 is an iconic development comprising 271 apartments at the junction of Ordsall Lane and Trafford Road. Just a short walk from Salford Quays and Media City, residents can enjoy esy access to a host of amenities including shopping, eating out, cinema or just a stroll around the waterfront. For commuting into Manchester City centre, the development has direct access to Exchange Quay tram station. For commuters further afield, the property sits within close proximity to both M60 and M602 motorways, with Manchester International Airport just a 20-minute drive.

Important Information

Tenure: Leasehold

Service Charge: £2000 per quarter

Ground Rent: £125 per year

Lease: 250 years from 1 November 2003

Council Tax Band: C

Management Company: ZENITH

Auctioneers Additional Comments:

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments:

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments:

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.