Adelphi Wharf 3, 7 Adelphi Street, Salford, M3 6GJ

For Sale By Online Auction. Starting Bids £75,000. Terms and Conditions Apply.

Limited Lending Pool

This well proportioned one bedroom apartment at the Award Winning Adelphi Wharf Development is ideal for investment buyers.

Situated on the fourth floor, this wonderful apartment comprises newly carpeted entrance hall, spacious open plan living/dining, fully fitted and integrated modern kitchen, modern shower room and Juliet balcony.

Adelphi Wharf is a luxury development set in the highly sought-after area of Salford. The building offers stunning views of the River Irwell. In addition, the development is perfectly situated offering fantastic transport routes throughout Greater Manchester. Being only 0.6 miles to Salford Central Station makes for an easy commute, as well as being local to both Salford and Manchester City Centres.

Currently Tenanted at £950 PCM.

Service Charge: £1,220 PA (at time of advertising) Ground Rent: £240 Deed of Variation in Place. Lease: 250 years from 13 August 2015 EWS-1 Grade A1 Management Company: Xenia Estates

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'.

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 Marketing Agents or via The Auctioneers website.

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

The property is being sold via a transparent online auction. 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. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

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.

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 equivalent to 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 £7,200 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 their 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.

Entrance Hall 3.33m x 1.3m Carpeted, intercom system, built in storage cupboard (housing washer/dryer)

Open Plan Living/Kitchen 5.94m x 2.8m Carpeted, upvc French doors leading to outside balcony, wall mounted electric radiator, opens onto kitchen.

Kitchen Laminated flooring, range of wall and base units, flat edged work surfaces, integrated electric hob and oven with stainless steel splashback and extractor hood, sink and drainer with mixer taps, integrated fridge freezer, integrated dishwasher, recessed spotlights to ceiling.

Bedroom 3.59m x 2.79m Carpeted, wall mounted electric radiator, ceiling to floor upvc double glazed window.

Shower Room 1.49m x 1.46m Tiled flooring, low level w/c, pedestal wash basin, fully tiled shower cubicle with power shower, chrome vertical towel warmer, tiled to compliment.