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Abberley Street, Dudley, DY2 8QY

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

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A fantastic opportunity for investors or cash buyers to acquire this two-bedroom first-floor apartment, offered below market value and requiring modernisation. Situated in a highly convenient location within walking distance of Dudley Town Centre, Dudley College, shops, and transport links, the property offers great scope for improvement and growth.

The apartment comprises:

The property comprises an entrance hallway, leading to a living room measuring approximately 9'8" x 9'11", a kitchen measuring 5'5" x 9'4", and a bathroom sized 7'0" x 6'3". There are two double bedrooms, with bedroom one measuring 9'2" x 10'7" and bedroom two measuring 6'4" x 10'0". Additional benefits include UPVC double glazing and an allocated parking space to the front. 

With over 110 years remaining on the lease, this well-located apartment is ideal for refurbishment and resale or for long-term investment. It also benefits from allocated parking and is positioned in a popular residential development.

Investment Potential:

Estimated to achieve £795 PCM once renovated, this property offers a strong 10.04% gross yield based on a guide price of £85,000—an attractive opportunity for investors. It also makes an ideal first home for buyers or small families looking for a well-located property with potential to personalise and grow into.

This property is for sale via the Modern Method of Auction, which offers the following benefits:

Buyer-friendly process with flexible timescales
Transparency and security for both buyer and seller
Reservation agreement secures your purchase and reduces risk of a sale falling through
Competitive bidding to secure a great deal
Ideal for cash buyers and investment-focused purchasers

Below Market Value – Refurbishment Opportunity – 2 Bedroom 1st Floor Apartment – Over 110 Years Lease – Walking Distance to Dudley Town Centre

Viewing Highly Recommended
With no upward chain and immense potential, this is a property not to be missed. Contact Richard Allen-Zoarder – The Bespoke Estate Agent today to arrange your private tour.

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Abberley Street, Dudley, DY2 8QY

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About eXp UK, West Midlands

1 Northumberland Avenue, Trafalgar Square, London, WC2N 5BW

eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved.

Here are the top 7 things you need to know when moving home:

Get your house valued by 3 different agents before you put it on the market

Don't pick the agent that values it the highest, without evidence of other properties sold in the same area

It's always best to put your house on the market before you find a property

The estate agent acts for the seller and is there to get the seller the best price possible

Understand the length of time it can take - 14 weeks from when you accept an offer, or have an offer accepted to move in! A long time!

It can get stressful, but speak to your agent and your solicitor and they will put you in the picture

Be nice to estate agents - we're pretty nice people, offer some great advice and will help to get you moved ;-)

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£396
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference S1371835. 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 eXp UK, West Midlands. 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.

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 eXp UK, West Midlands on 03304 609968.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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