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Studio flat for sale
Apartment 509, 2 New Kings Head Yard, Salford M3 7GH
£125,000
Apartment 509, 2 New Kings Head Yard, Salford M3 7GH
£125,000
Our Summary
- For sale on 27 March 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
This luxurious studio apartment is located in a highly desirable development built in 2021, featuring state-of-the-art amenities and services, including a gym, coffee shop, and concierge service. The property boasts breathtaking views over Salford and Greengate and is expected to generate a rental income of over £12,000 per year, offering a 10% return on investment. The property is being sold through an online auction, with bids accepted by proxy, online, or by phone. The sale is subject to SDL Property Auctions' terms, including a 5% deposit and a buyer's fee of 4.8% of the purchase price. The property is a leasehold with an EPC rating of B and is located in a area with good broadband and mobile signal coverage.