Studio Flat For Sale £145,000
** in the room and livestream**
To be sold via Public Auction on Thursday 8th December 2022 at 11:00am Walsall Football Club, Poundland Bescot Stadium, WS1 4SA
Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.
Guide price: £145,000 to £165,000
Tenanted investment opportunity. 1 bedroom apartment with gas central heating, requiring some redecoration. Leasehold with approximately 87 years remaining, having the benefit of the seller starting the lease extension process. Current rent payable £10,500 p.a. Circa 7% yield.
The Auctioneers have been unable to inspect the property and verify the accommodation.
Accommodation The accommodation is understood to be:
(The Auctioneers have been unable to verify this information.)
Ground floor
Hallway:
Lounge:
Kitchen:
Bedroom:
Bathroom:
Outside Terrace to the rear.
EPC rating - C
council tax band - A
tenure Leasehold subject to tenancy.
Term: 125 years from 25/12/1984
Service Charge: To be confirmed.
Ground rent: To be confirmed.
The property will be sold with the benefit of a new lease of 125 years and the buyers will be responsible for the costs of this at approximately £5,200. Please see the legal pack for full details.
Tenancy Company let
Term: 12 months from 28/10/2020 (Now rolling)
Rent payable: £875 p.c.m.
Note Photos have been provided by the sellers agent and is understood to be a fair representation of the property.
Additional costs Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs
Tenure: See Legal Pack
To be sold via Public Auction on Thursday 8th December 2022 at 11:00am Walsall Football Club, Poundland Bescot Stadium, WS1 4SA
Just turn up and no need to pre-register. You can also register for telephone, proxy, internet bidding online.
Guide price: £145,000 to £165,000
Tenanted investment opportunity. 1 bedroom apartment with gas central heating, requiring some redecoration. Leasehold with approximately 87 years remaining, having the benefit of the seller starting the lease extension process. Current rent payable £10,500 p.a. Circa 7% yield.
The Auctioneers have been unable to inspect the property and verify the accommodation.
Accommodation The accommodation is understood to be:
(The Auctioneers have been unable to verify this information.)
Ground floor
Hallway:
Lounge:
Kitchen:
Bedroom:
Bathroom:
Outside Terrace to the rear.
EPC rating - C
council tax band - A
tenure Leasehold subject to tenancy.
Term: 125 years from 25/12/1984
Service Charge: To be confirmed.
Ground rent: To be confirmed.
The property will be sold with the benefit of a new lease of 125 years and the buyers will be responsible for the costs of this at approximately £5,200. Please see the legal pack for full details.
Tenancy Company let
Term: 12 months from 28/10/2020 (Now rolling)
Rent payable: £875 p.c.m.
Note Photos have been provided by the sellers agent and is understood to be a fair representation of the property.
Additional costs Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs
Tenure: See Legal Pack
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