1 bedroom Flat in Dudley

62 Warrens Hall Road, Dudley, West Midlands DY2 8DD
  • Lot No: 22
  • Property Type: Flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £55,000+ plus fees

Result Sold at Auction £60,000

Property Description

DRAFT DETAILS This one bedroomed ground floor flat is ready for occupation as the property has been refurbished. Making it an ideal investment property with a potential rental income of £450 per calendar month or £5400 per annum. We have been informed by the vendor that the length of the lease is 125 years with 96 years remaining. The Annual Ground Rent is £10 per annum and Service Charge is approximately £158 per annum.

Lounge

11ft 0 x 9ft 11


Kitchen

7ft 5 x 6ft 10


Bedroom

9ft 11 x 8ft 11


Bedroom

6ft 8 x 5ft 5


Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. 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 auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s 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 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.

Auction Details

Date 27th January 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

62 Warrens Hall Road, Dudley, West Midlands DY2 8DD