Wolverhampton Homes £10 A Year Ground Rent With A Current Annual Service Charge +
For Sale by MODERN METHOD OF AUCTION, Starting Bid £55,000 plus Reservation Fee.
A first floor apartment offering spacious living throughout and within close proximity to the City Centre.
Situated in a secure development offering easy access to Wolverhampton City Centre a viewing is highly recommended to appreciate the central location of this apartment.
Internally the property benefits from entrance hall, living room with sliding door opening onto a balcony, separate kitchen with space for appliances, TWO bedrooms both accommodating double beds and a bathroom.
Externally there is a secure intercom gated community with personal access to the courtyard and property is gained by an electronic key fob, guests and parcels are admitted by telephone and private switch.
Located only a short walk to the City Centre, just off the A4150, great commuting/transport links are close by and Wolverhampton University with a local supermarket store also only a short walk away.
The property is situated central to the Molineux Football Stadium, Wolverhampton Grammar School, West Park Rehabilitation Hospital, Central Baths & Fitness Centre and the West Park. There are good bus links to Wolverhampton City Centre, Rail and Metro Stations with further links to surrounding towns and villages.
This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.
Agent Notes:
Agent has been made aware of the following charges:
Ground Rent £10 pcm
Service Charge £993.88 per annum
Lease Start Date - 26th October 2020
Lease Term - 125 years from and including 26th October 2020
Time Remaining 120 years
Mobile coverage from all four major networks
Ultrafast Full Fibre Broadband
Mains Electricity, Water & Drainage are all connected. Heating is via Electric Panel/Storage Heaters.
*Results provided by Ofcom and correct at time of listing*
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Agent Details
D B Roberts & Partners, Wolverhampton
01902 943715
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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