fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

22 The Precinct, Lucknow Road, Willenhall, WV12 4PZ

Lot no: 5 Sold at Auction for £50,000
 

Guide Price £35,000 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Wednesday 28th March 2018

10.30am
Key Features
  • A Long Leasehold Three Bedroom Maisonette
  • We understand that the property is Leasehold on a new 135 year Lease subject to a peppercorn Ground Rent. Vacant possession will be given upon completion.
  • EPC Rating: D
Add to favourites
Sold at Auction for £50,000

Flat

Property Description:

A Long Leasehold first floor maisonette situated above a shopping precinct and approached by stairs from the rear.

Ground Floor

Approached from the stairs leading to the first floor entrance.

First Floor

Porch, Hall, Understairs Store, Lounge and Kitchen.

Second Floor

Landing, Three Bedrooms, Bathroom.

Outside

Communal Grounds.

Tenure

We understand that the property is Leasehold on a new 135 year Lease subject to a peppercorn Ground Rent. Vacant possession will be given upon completion.

Auctioneers Note

1. Please note that no offers will be accepted prior to the Auction.
2. In addition to the purchase price, the purchaser will be required to pay the Auctioneer's fees of £495 plus VAT and legal costs of 2% of the sale price.

Viewings

See viewing schedule.

Tenure:

Leasehold. Vacant possession upon completion.



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.