2 bedroom Terraced House in Wolverhampton

81 Hilton Street, Wolverhampton, West Midlands WV10 0LF
  • Lot No: 85
  • Property Type: Terraced House
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £92,500+ plus fees

Result Sold After Auction

Property Description

DRAFT DETAILS An excellent freehold residential investment opportunity to acquire a late Victorian terrace house converted into two self-contained flats producing a combined income of £9,600 annum which represents a 10.3% return based on the guide price. Comprising of two self contained flats with the ground floor being a Studio flat and a one bedroomed property being on the first floor.

Communal Hallway

Leading to -


Ground Floor Flat

Comprising -


Living / Sleeping Area

11ft 10 x 7ft 9


Kitchen

9ft 11 x 6ft 10


Bathroom

6ft 4 x 6ft 4


First Floor Flat

Comprising -


Bedroom

11ft 11 x 8ft 10


Storage Area

11ft 8 x 3ft 2


Kitchen

8ft 9 x 3ft 9


Shower Room

9ft 10 x 2ft 8


Tenure

Freehold

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 24th February 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

81 Hilton Street, Wolverhampton, West Midlands WV10 0LF