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7 Wrekin View, Wolverhampton, WV1 4QQ

Sold for for £51,000.
 

Guide Price £40,000-£45,000 plus fees


Thursday 8th December 2016

11.00am
Key Features
A Leasehold Residential Investment Apartment <1mm/> Current Gross Income: £6,360 pa.<1mm/> STAMP DUTY WILL BE PAID BY VENDOR
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Sold for for £51,000.

Apartment

Auctioneers Note (No Number)

Prospective purchasers should note that the Vendor will be paying the Stamp Duty for and on behalf of the purchaser.

Bedrooms (Rightmove)

1

Is Preliminary Lot

False

Property Description

A one bedroom ground floor apartment, situated within walking distance of Wolverhampton City Centre. It is considered to be an ideal 'buy to let' property or alternatively offering an ideal base for easy access to Wolverhampton City Centre or Wolverhampton University.

Property Type

Residential Investment

Tag Line

A Leasehold Residential Investment Apartment
Current Gross Income: £6,360 pa.
STAMP DUTY WILL BE PAID BY VENDOR

Tenancy Details

The property is let on an Assured Shorthold Tenancy for a period of 12 months from August 2016, at a rental figure of £500 per calendar month. The associated parking space is also let for a period of 12 months from 4th March 2016, at a rental figure of £30 per calendar month. Total Rental Income £6,360 per annum.

Tenure

We understand that the property is Leasehold (see legal pack for Lease details) and is being sold subject to the existing tenancy.

Viewings

External viewings only.

Tenure: