2 Bed Flat, Single Let, Salford, M5 3FY £130,000

TO BE SOLD BY THE MODERN METHOD OF ONLINE AUCTION.
INVESTMENT ONLY TENANT IN SITU UNTIL JULY 2026 ACHIEVING £1,050 PCM

XQ7 is a purpose bult development on the edge of the city at the junction of Salford Quays. A development of 271 apartment that offer spacious living with a concierge service. We offer this 12th floor apartment that is prices to sell. Consisting of a hallway to a bright and spacious living area that includes a fitted kitchen with integrated appliances , Two good size bedrooms with the master bedroom benefitting from an en-suite shower room. The main bathroom is fully fitted. The property benefits from a balcony off the living area with views as well as a secure car parking space.
EPC D
Leasehold Expires 03/11/2253
Ground rent £125 per year to Randall & Rittner - Set to double to £250 in 2028 before doubling again to £500 in 2053 before settlingat £1,000 from 2078 to the remainder of the term.
Service charge £3,720 per year to Zenith.

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make 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 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack.
The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.