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Guide price
SSTC Auction Guide £35,000

The Victory, 165 Union Street, Oldham

  • 1 bed
  • 1 bath
  • 1 reception

FOR SALE BY UNCONDITIONAL ONLINE AUCTION

Belvoir Sales & Lettings are pleased to offer For Sale this modern first floor apartment conveniently located close to Oldham Town Centre and its amenities.

The development has the benefit of a lift to all floors and the accommodation on offer briefly comprises; entrance hallway, lounge, kitchen, bedroom and bathroom w.c. The property has the benefit of uPVC double glazing, under floor electric heating and security intercom access. The metro-link stop is approximately 100 metres away providing easy access to Rochdale and Manchester. The property currently has a sitting tenant with a rental of £425 pcm therefore making the property an ideal investment opportunity.

Your early viewing of this property is strongly recommended

AUCTION LISTING: https://online.sdlauctions.co.uk/lot/details/11711

Further Information

Tenure

See Legal Pack

*Start Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also know as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our website, www.sdlauctions.co.uk.

Auction Type: Unconditional with Variable Fee
Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online -auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder. 

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If the reserve is met or exceeded when the auction timer ends, the successful bidder is charged a 5% deposit (subject to a minimum fee of £5000) and exchange takes place. At this point, you will be legally obliged to buy the property for the full purchase price. The deposit contributes towards the purchase price. 

The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

Therefore we will automatically charge you a minimum fee of £11,000, (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee and deposit. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract. 

By placing the bid, you are authorising the auctioneer to sign the contract of sale on your behalf.

Call us today for further information or to arrange a viewing. 
Viewings by appointment only. 

Please Note: We have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify they are in working order or fit for their purpose. Furthermore, solicitors should confirm moveable items described in the sales particulars are, in fact, included in the sale since circumstances do change during marketing or negotiations. A final inspection prior to exchange of contracts is also recommended. Although we try to ensure accuracy, measurements used in this brochure may be approximate. Therefore if intending purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they would take such measurements themselves. 

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EPC Chart
EPC Chart
Floorplan

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