1 bedroom flat for sale

Church Road, Oldswinford , Stourbridge, DY8

Guide Price* £80,000

Property Description

Key features

  • FOR SALE BY THE MODERN METHOD OF AUCTION
  • Grade II listed Building
  • New and Extended 125 Year Lease
  • Popular Oldswinford Address
  • Close to Stourbridge Junction
  • Studio Flat, Ideal for a Rental with an Estimated Yield of 600 PCM
  • Newly Renovated
  • One Bedroom
  • Shower Room
  • Parking and Single Garage

Full description

Tenure: Leasehold

Walton and Hipkiss are delighted to present BY THE MODERN METHOD OF AUCTION this one bedroom newly renovated studio apartment in the centre of Oldswinford, an extremely popular and sought after area. Set within a Grade II listed building this property beautifully blends traditional with contemporary and is tastefully finished to a very high standard with an uber-modern shower-room and kitchen. The location is central to this property's appeal. Being within walking distance of Oldswinford village and a stones throw from Stourbridge Junction train station, this is ideal for commuters travelling within the Midlands and beyond. We also think this would be perfect for national and international students at the nearby Oldswinford Hospital School, making it a sound purchase for investment buyers seeking a reliable rental property. With the added benefit of off-road parking and a single garage, this property really does have it all and we would advise viewings early to avoid any disappointment.  *The property has a rough rental valuation of £600 pcm and a combined service and maintenance charge of £75 per month*



This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which 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 an Acknowledgement of 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 Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid; both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam-sold Ltd.





Listing History

Added on Rightmove:
25 March 2017

Nearest stations

  • Stourbridge Junction (0.1 mi)
  • Stourbridge Town (0.5 mi)
  • Lye (1.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Walton & Hipkiss, Stourbridge

Hagley Road, Stourbridge, DY8 1QH

01384 737038 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Walton & Hipkiss, Stourbridge

Hagley Road, Stourbridge, DY8 1QH

01384 737038 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stourbridge Junction (0.1 mi)
  • Stourbridge Town (0.5 mi)
  • Lye (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Walton & Hipkiss, Stourbridge

Hagley Road, Stourbridge, DY8 1QH

01384 737038 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4441747. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Walton & Hipkiss, Stourbridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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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 Walton & Hipkiss, Stourbridge on 01384 392371.


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