Apartment
This two bedroom, two bathroom, apartment in Wolverhampton city centre, is sure to appeal to the buy to let landlord or those looking for an affordable starter home for their offspring.
The accommodation comprises entrance hallway, open plan living area with kitchen, lounge and dining area, two double bedrooms (one with en-suite) and an additional bathroom. Some redecoration has taken place and there may be some further improvements required, such as floor coverings.
Located just 0.5 miles east of Wolverhampton city centre and amenities. The apartment also has immediate access to the train station, bus routes and there is a nearby supermarket.
155 years from 1 January 2008. Please refer to legal pack for service charge and ground rent information.
Leasehold. Vacant possession upon completion.
£450
139
£1,716
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under and Unconditional sale type.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)
The Buyers 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 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.
