Apartment
Set in a quiet cul de sac close to Bloxwich town centre this ground floor apartment has two bedrooms, separate lounge and kitchen, it also has allocated parking and a communal garden.
The property will be very popular to all of our investors as it could generate in the region of £6,000 per annum in rental income which would present an extremely attractive yield in the region of 12% at the current guide price.
The apartment is also benefits from a communal garden ensuring you or your tenants have some outdoor space, which in the current times is absolutely essential! Register to bid for a chance to buy this wonderful opportunity.
The accommodation comprises:
3.89m (12ft 9in) x 3.4m (11ft 2in)
3.2m (10ft 6in) x 1.83m (6ft 0in)
3.4m (11ft 2in) x 2.57m (8ft 5in)
2.9m (9ft 6in) x 2.44m (8ft 0in)
Communal garden and allocated parking.
Vacant.
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.
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