2 bed flat for sale

Apartment 905 Silkbank Wharf, 21 Derwent Street, Salford M5

Interested parties should contact Knight Frank Auctions for further information.

Description
On the instructions of Joint Receivers.

The Silkbank Wharf development completed in 2024, so the apartment benefits from modern features throughout, together with resident's features including a gym and lounge. It offers contemporary living just half a mile from to the west of Manchester city centre.

Accommodation
Open plan living-room & kitchen, two bedrooms (one with en-suite), bathroom

Tenure
Leasehold: 999 years from 01/01/2022 (thus approximately 995 years unexpired)
Ground Rent: Peppercorn
Service Charge: Refer to the legal pack

Open House Viewings:
Thursday 3rd September: 12:00pm - 12:30pm
Saturday 12th September: 12:00pm - 12:30pm
Tuesday 15th September: 12:00pm - 12:30pm
Please arrive at the start time.

This property is being marketed for sale on behalf of Joint lpa Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability.

Location
The apartment is superbly positioned within the sought-after Silkbank Wharf development, a contemporary riverside scheme located on the banks of the River Irwell in Salford, directly opposite the vibrant Castlefield district of Manchester. The development enjoys a prime waterside setting while being within easy walking distance of Manchester city centre, offering residents the perfect balance of urban convenience and waterfront living.

The property is ideally situated for access to an extensive range of amenities, including an excellent selection of restaurants, bars, cafs, shops and leisure facilities throughout Castlefield, Spinningfields and the city centre. Salford Quays and MediaCityUK are also within easy reach, providing a wealth of employment, entertainment and cultural attractions.

Transport connections are excellent, with nearby bus routes, Metrolink services and major road networks providing convenient access across Greater Manchester. Manchester Piccadilly, Deansgate and Victoria stations are all readily accessible, while Manchester Airport can be reached by car in approximately 20 minutes, making the location attractive to both owner-occupiers and investors alike.

Occupancy
Vacant

Tenure
Leasehold

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

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 Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The 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.