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37 Creed Way, West Bromwich, B70 9JT

Lot no: 69 Sold at Auction for £61,000
 

Guide Price £60,000+ 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 December 2019

11.30am
Key Features
  • Great investment opportunity
  • Two bedrooms
  • Gas central heating
  • Upvc double glazing
  • EPC Rating: C
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Sold at Auction for £61,000

Flat

Property Description:

A two bedroomed ground floor flat located in a modern purpose built block. The property benefits from gas central heating and upvc double glazing.

The property comprises:

Ground Floor:
Communal Entrance with Access to -
Flat 37:
Entrance Hallway
Spacious Lounge

17’4 x 13’1 radiator, 2 upvc double glzed windows to front aspect.

Fitted Kitchen

9’1 x 6’3 - range of wall mounted and base units, working surfaces, four ring gas hob, electric oven, extractor hood over, single drainer sink unit, tiled splashback areas.

Two Bedrooms

Bedroom 1 – 12’2 x 8’4 radiator, upvc double glazed window to front aspect.
Bedroom 2 – 12’2 x 6’4 upvc double glazed window to front aspect.

Bathroom

White three piece suite, pannelled bath, pedestal wash hand basin, low flush wc, radiator.

Outside:
Communal Grounds
Allocated Parking

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenancy Details:

We understand the property is let on an Assured Shorthold Tenancy producing £6,600 per annum.

Tenure:

The flat is leasehold. We have been informed that the service charge is £52.80 per month and ground rent is £125 every six months.

Tenure:

Leasehold.


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.