1 bedroom flat

Description

+ MODERN METHOD OF AUCTION + IDEAL FIRST TIME BUY OR RENTAL INVESTMENT! This TOP FLOOR FLAT offers NO CHAIN in a convenient location near to Dudley town centre amenities and forthcoming Midland Metro links. The property was converted from a previous office block in 2017 and has a secure intercom entrance, lifts to all floors and a LONG LEASE of approx. 242 years. Accommodation briefly comprises an entrance hall with doors off to a double bedroom, shower room and a generous OPEN PLAN LOUNGE / KITCHEN. Outside, there is communal parking for residents only, plus further visitor parking. LEASEHOLD - COUNCIL TAX=A - EPC=C

CALL TODAY TO REGISTER YOUR INTERST OR BOOK A VIEWING 24/7 THROUGH OUR WEBSITE.

This property is for sale by the Modern Method of Auction, starting bid of £60,000 plus reservation fee. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

Communal Areas

Entrance Hall

Open Plan Lounge and Kitchen - 3.59m x 5.98m (11'9" x 19'7")

Bedroom - 3.07m x 3.5m (10'0" x 11'5")

Shower Room

Outside

Parking

Tenure

We understand that the property is LEASEHOLD.

Sevices

We understand that the property is connected to mains electricity, water and drainage. The heating system is electric. This should be verified by your legal adviser and/or surveyor. We have not conducted any tests of these services.

Council Tax

Council Tax Band: A

Local Authority: Dudley MBC

EPC Rating

C (71)

Broadband

According to Ofcom, there is standard, superfast and ultrafast broadband available in the area.

Mobile Signal / Coverage

According to Ofcom, mobile coverage is "likely" on all four main networks (EE, Three, O2 and Vodafone).

Parking

Off street parking is provided by communal parking areas. This should be verified by your legal adviser.

Rights and Restrictions

We have not been made aware of any specific restrictions., although we advise that you check with your legal adviser.

Flood Risk

According to the Environment Agency and Lead Local Flood Authorities, the property is not in an area that is vulnerable to flooding.

Coal Mining

The property is inside the Coal Mining Reporting Area. We are not aware of any issues affecting the property.

Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

It is a legal requirement for estate agency businesses to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. To do this, we must undertake robust biometric ID verification, PEP and sanctions checks on any successful purchasers upon offer acceptance. The cost of this service is £30.00 per individually named purchaser. This cost is non-refundable and is paid to our third-party supplier by the successful purchaser. The check must be completed and recorded as satisfactory before issuing sale notifications.

Referral Fees

Please visit our website for details of referral fees that we may receive from our referral partners.