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Albert Vaults, 169-171 Chapel Street, Manchester, M3 6AD

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Full Details

For Sale via Auction, Starting Price £150,000 terms and conditions apply.

EWS1 form assessed and passed (A1) suitable for purchases by mortgage or cash

Hyde Estates present this 2019 built, one bedroom apartment in Albert Vaults on Chapel Street. Designed to a high specification in a premium location in the heart of Manchester, perfect for city living with excellent transport links and just a short walk to Spinningfields.

Situated on the fourth floor with views and lift access. The apartment offers an open plan kitchen/ diner and lounge with timber flooring and floor to ceiling windows. The well appointed fitted kitchen features integral appliances to include, fridge/freezer, dishwasher and washing machine, oven, electric hob and extractor together with a range of wall and base mounted cupboards and working surfaces. The carpeted double bedroom also with floor to ceiling windows accommodates a double bed and wardrobes. The shower room features a three piece suite with tiled floors and splashbacks which comprises of low level WC, washbasin, shower cubicle with glass screen and vanity mirror.

The apartment measures 398sq ft and fitted with full electric heating, benefits a door entry system with key fob access. A secure internal bike store with key fob operated lock is available for residents.

EWS1 form assessed and passed (A1) suitable for purchases by mortgage or cash.

We have been advised the property is Leasehold with 250 year lease from 2019, ground rent is currently £350.00 per year together with a Service charge of £2.36 / sq ft (398 sq ft comes to £939.00 per year. Subject to confirmation in the legal  pack. The current tenant is due to vacate on the 19th July 2021.

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 it 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.

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