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Flat 4 The Oaklands, Corner of Oakland Road & Lea Road, Wolverhampton, WV3 0LZ

Lot no: 65 Sold at Auction for £53,000
 

Guide Price £48,000 - £53,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 18th July 2018

10.30am
Key Features
  • A Vacant Leasehold Two Bedroomed Apartment
  • The property has the benefit of UPVC double glazing and electric heating.
  • EPC Rating: D
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Sold at Auction for £53,000

Flat

Property Description:

A Leasehold second floor purpose built apartment set in communal grounds with garage.

Ground Floor

Common Entrance with Intercom Entry System and Stairs to Second Floor.

Second Floor

Landing, Flat 4:- Hall, Lounge/Kitchen with Fitted Units, Washing Machine, Cooker and Store Cupboards, Two Bedrooms, Shower Room and WC.

Outside

Communal Gardens and Garage.

The property has the benefit of UPVC double glazing and electric heating.

Tenure

We understand that the property is Leasehold (see Legal Pack for further details) and vacant possession will be given upon completion.

Viewings

See viewing schedule.

Tenure:

Leasehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must 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 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).

Guide Price & Reserve
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.