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16 Liana Gardens, Wolverhampton WV2 2AD

Lot no: 89 Re-entry to a future auction
 

Guide Price £65,000+ 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.

Tuesday 20th December 2022

10.00am
Key Features
  • First floor apartment
  • Two bedrooms
  • Allocated parking and communal gardens
  • Let at £530 per calendar month (£6,360 per annum)
  • EPC Rating: C
  • Council Tax Band: A
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Re-entry to a future auction

Apartment

Property Description:

A first floor apartment in the popular area of Parkfields Wolverhampton having excellent transport links into Wolverhampton city centre and Bilston town centre.

Briefly the apartment comprises of open plan kitchen/lounge, two bedrooms, master bedroom having an en-suite shower room, bathroom, communal gardens and allocated parking space. We are informed that the property is let on an assured shorthold agreement at £530 per calendar month (£6,360 per annum). Prospective buyers must make all necessary independent enquiries in this respect prior to placing their bid, as this will be binding.

Entrance Hall

Having heater and airing cupboard.

Lounge 8ft 9 x 14ft 6 ( 2.67m x 4.42m )

Double glazed window and heater.

Kitchen 8ft 8 x 12ft 4 ( 2.64m x 3.76m )

Window to rear, wall and base level units, space for fridge/freezer, four ring hob with oven under and extractor, stainless steel sink and heater.

Bathroom 6ft 1 x 5ft 5 ( 1.85m x 1.65m )

Having bath, WC and wash hand basin.

Bedroom One 9ft 6 x 9ft 5 ( 2.90m x 2.87m )

Window to front and heater.

En-Suite

With wash hand basin, WC and tiled shower cubicle.

Bedroom Two 9ft 7 x 9ft 8 ( 2.92m x 2.95m )

Windows to rear and side and heater.

Outside

Allocated parking space.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure:

Leasehold. Subject to tenancy.

Unexpired Years

144



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 (England and Wales).

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

All sales are subject to SDL Property Auctions’ Buyers Terms.


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 £1074 inc. 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 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.

Guide Price & Reserve Price

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.