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1 bed Flat For Sale £55,000
Newman Avenue, Lanesfield, Wolverhampton WV4


Description
Being Sold by Yopa Online Auction Starting Bids from £55,000 Buy it now option available

Please call or visit Yopa Online Auctions for more information.

Yopa Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: Speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. Yopa also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date.

If you request a viewing of this property or make an offer, then you agree that your personal information (name and contact details) will be shared with goto Auctions (Yopa’s Online Auction partner) to enable them to ensure that you understand the auction process.

To book a viewing visit Yopa.

This charming one bedroom ground floor apartment comes to the market with no onward chain and would be ideal for first time buyers, those looking to downsize or landlords owing to the low ground rent and service charges.

The property is approached via a communal fore garden with a path leading to the entrance, there is a secure telecom entry system for added piece of mind. The entrance hall leads to the bedroom, bathroom and lounge. The Lounge measures 14'6" in length and is light and airy thanks to dual aspect windows. The kitchen is fitted and overlooks the rear garden. The bedroom is a comfortable double and benefits from two practical fitted wardrobes. The bathroom is also to the rear, with a white suite which could benefit from some modernising. The rear garden has a very private feel in a paved courtyard configuration with raised shrub and plant borders, the tool store is accessed via the garden and in keeping with the rest of the property is deceptively spacious.

Location

The property is ideally placed for access to Birmingham New Road offering transport links to Wolverhampton, Dudley and Birmingham. Coseley rail station is just over a mile away, there is a wide selection of local primary schools within close proximity.

Lease Info

The seller advises there are circa one hundred and five years remaining on the lease, annual service charges total £256.53 (including buildings insurance) and ground rent is £10 per annum.

EPC band: D

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on

this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,600 including VAT plus an administration charge of £354 including VAT, a total of £6,954. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Follow the link for more information:
        
zoopla.co.uk

  
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