1 bedroom flat for saleBay Avenue, Wolverhampton, WV14 0TT
Sold STC £24,000
- A Leasehold Residential Investment Property Current Gross Income: £5,400 pa.
- We understand that the property is Leasehold (see legal pack for Lease details) and is being sold subject to the existing tenancy.
For Sale By Auction on 8th December 2016
A Leasehold Residential Investment Property
Current Gross Income: £5,400 pa.
We understand that the property is Leasehold (see legal pack for Lease details) and is being sold subject to the existing tenancy.
A second floor one bedroomed purpose built apartment, standing in communal grounds.
|Ground Floor||Communal Entrance.|
|Second Floor||Apartment No. 14 - Hall, Reception Room, Fitted Kitchen, Bedroom, Bathroom/WC with Shower.|
|Outside||Communal Grounds and Allocated Parking. Bike Store, Bin and Recycling Area.|
The property benefits from having a gas fired central heating system, an intercom system and the majority of the windows are double glazed units.
The property is let on an Assured Shorthold Tenancy, at a rental figure of £450 per calendar month exclusive - £5,400 per annum.
Viewing Dates & Times
We have one viewing time and date available for this property, please call the office on 0121 233 5046 for more information.
* Definition of Guide Prices
The guide price is an indication of the seller’s reserve price and is given to assist prospective purchasers. It is usual, but not always the case, that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable price (reserve) would fall. Please note the reserve price will not exceed the top end of the guide price but the actual sale price can exceed the guide price. On occasions the sale price does exceed the guide price significantly.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Auctions Bigwood, Birmingham on 0121 233 5046.
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